23 Bayo Vista Way - Apartments FOR SALE


San Rafael, CA 94901
$1,495,000 USD
415-334-0100
23 Bayo Vista Way, San Rafael, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/13
null | 3.31% Cap Rate

23 Bayo Vista Way
San Rafael, CA 94901


OVERVIEW

Fantastic opportunity to own a 2-unit income property in San Rafael's West End' neighborhood. Each unit enjoys private balconies and beautiful views overlooking Sun Valley. One unit will be delivered vacant. Rent both units or live in one unit and let the rent from the second unit help reduce your mortgage payment. Meticulously maintained, this property expresses true pride of ownership. Extensively renovated in 2016 with permits. Numerous upgrades include seismic retrofits (reinforced foundation, beams, and subfloors), a sewer lateral line replacement, insulation, dual-pane windows and sliding glass doors, drywall, hardwood floors, carport and concrete driveway. The kitchens and baths have been remodeled and the plumbing, electrical, and mechanical replaced throughout. The fully landscaped yards include irrigation and lighting on timers. Fully equipped with fire sprinklers, convenient laundry room, off-street (carport) parking, private storage units, and separate electric and gas meters. Close to downtown San Rafael, shopping, and public transportation. Don't let this incredible investment opportunity slip away. Schedule a showing today!

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$710 USD /SF

# OF UNITS

2

PRICE/UNIT

$747,500

CAP RATE

3.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

23-25 Bayo Vista Way

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,877 SF

ZONING

-

APN/PARCEL ID

010-284-04

ASK ABOUT THIS PROPERTY

Tim BrownKW CommercialMore Info
415-334-0100

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Tim BrownKW CommercialMore Info
415-334-0100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.