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32766919

880 Las Gallinas Ave, San Rafael, CA 94903

AA
CA CA
West End Properties
Listed by West End Properties
$2,399,000
14 days on market
Updated 14 days ago

880 Las Gallinas Ave

Details
APN 175-321-27
Property Type Office
Sub Type Medical Office
Square Footage 6,537
Units 7
Cap Rate 6.75%
NOI $164,000
Occupancy 86%
Tenancy Multi
Lease Type Gross
Price per SqFt $367
Class A
Year Built 1966
Buildings 3
Stories 1
Acreage 0.320
Investment Type Stabilized

Office | 6.75% CAP | 6,537 SqFt

Marketing description

West End Properties is pleased to present the opportunity to acquire 880 Las Gallinas, a well-maintained garden-style office property totaling approximately 6,467 rentable square feet in Marin County, California. The project features small, direct-access suites with a history of long-term tenancy, serving a stable mix of medical, office, and service-oriented professionals who live and work in the San Rafael area. The property has benefited from significant capital improvements, including updated roof and HVAC systems within the past 10 years. Conveniently located near Highway 101, 880 Las Gallinas offers excellent accessibility and close proximity to the retail and dining amenities of Northgate Mall and Northgate II. Additional features include a gated on-site parking area, as well as ample street parking for tenants and visitors.

Investment highlights


Listing Contacts

AA
CA CA
West End Properties
Listed by West End Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$164,000.00
$13,666.67/mo

Valuation Metrics

0
DSCR
6.84%
Cap Rate
6.84%
ROI

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Additional Information

Name
Aref Ahmadia
License
CA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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