255 Channing Way

255 Channing Way, San Rafael, CA 94903

  • For Sale $6,000,000
  • Property Type Multi-Family
  • Property Size 13,300 SF
  • Units 14
  • Lot Size 0.71 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 2
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Date Updated Sep 13, 2024
Nestled in a quiet, residential neighborhood, the subject property offers easy access to nearby amenities, including shopping centers, restaurants, and parks. The area is known for its scenic views and tranquil surroundings, providing a peaceful environment for residents. The property benefits from its proximity to major highways, making commuting to San Francisco and other nearby cities convenient. Public transportation options are also readily available, adding to the ease of getting around. Residents of 255 Channing Way enjoy a community-oriented atmosphere with access to top-rated schools and local recreational facilities. The neighborhood is ideal for families and professionals looking for a balance between suburban living and urban convenience.This 14-unit apartment building offers a turn key investment opportunity in a sought-after area. The property has been well-maintained and features recently remodeled units, including new floors, updated kitchens, and modern appliances. Each apartment is spacious, with plenty of natural light throughout. The building benefits from a history of strong occupancy rates and high rental demand, providing steady income potential. Additionally, it has been optimized for low operating costs with separate PG&E meters and a partial Ratio Utility Billing System (RUBS) in place. Ideal for investors, this property offers long-term stability and an attractive return on investment due to its solid rental market and low expenses.
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Highlights

  • Rare Fourteen Unit Property in San Rafael, CA
  • Unrivaled Views, Spacious Units with Lots of Sunlight
  • Meticulously Maintained with Significant Capital Invested
  • Remodeled Units with New Floors, Updated Kitchens, New Appliances
  • Solid Historic Occupancy and High Rent Demand
  • Low Expense Building, Separately Metered PG&E, Partial RUBs in Place
  • Ideal Location in Highly Desirable Quiet, Upscale Neighborhood

Contacts

broker
Michael Johnston

HomeServices of America

Location

Getting Around

  • Walk Score ®

    36/100 Car-Dependent

  • Transit Score ®

    39/100 Some Transit

  • Bike Score ®

    15/100 Somewhat Bikeable
Powered by Walk Score ®
  • City San Rafael, CA
  • Zip Code 94903
  • Market San Francisco

Points of Interest

  • Marin Civic Center

    0.56 miles

  • Larkspur

    4.44 miles

  • Novato Downtown

    6.87 miles

  • Shell

    0.47 miles

  • Chevron

    0.50 miles

  • Valero

    0.50 miles

  • Gateway Gas

    0.50 miles

  • 76

    0.52 miles

  • ChargePoint

    0.76 miles

  • Northgate Gas / Marin Smog

    0.98 miles

  • Redhill 76 Circle K

    2.57 miles

  • MCE Solar Charge

    2.57 miles

  • Tesla Supercharger

    2.57 miles

  • Smith Ranch Park And Ride

    0.74 miles

  • Las Gallinas Valley

    1.50 miles

  • Lincoln Park And Ride

    1.51 miles

  • MISSION AVE Park and Ride

    2.56 miles

  • Hetherton Park And Ride

    2.71 miles

  • Alameda Del Prado Park And Ride

    2.73 miles

  • Fairfax Parkade

    3.25 miles

  • Museum Parking

    3.47 miles

  • Golden Gate Ferry Parking

    4.51 miles

  • Embassy Suites by Hilton San Rafael Marin County

    0.36 miles

  • Four Points by Sheraton

    0.40 miles

  • Marin Lodge

    1.74 miles

  • Villa Inn

    1.84 miles

  • Panama Hotel

    2.88 miles

  • Gerstle Park Inn

    3.08 miles

  • Marinwood Inn & Suites

    3.35 miles

  • Motel 6

    3.43 miles

  • Courtyard Novato Marin/Sonoma

    3.65 miles

  • Inn Marin And Suites, Ascend Hotel Collection

    4.25 miles

  • Subway

    0.29 miles

  • Black Bear Diner

    0.40 miles

  • The Habit

    0.48 miles

  • Applebee's

    0.54 miles

  • BJ's

    0.56 miles

  • Round Table Pizza

    0.59 miles

  • Calgang

    0.60 miles

  • Sonoma Taco Shop

    0.62 miles

  • Panera Bread

    0.63 miles

  • Roadside BBQ

    0.63 miles

  • Gallinas Elementary School

    0.81 miles

  • Santa Venetia School

    0.82 miles

  • Vallecito School

    0.88 miles

  • The Marin School

    0.98 miles

  • St. Isabella School

    1.04 miles

  • Mark Day School

    1.05 miles

  • Terra Linda High School

    1.15 miles

  • Montessori de Terra Linda

    1.27 miles

  • McPhail School

    1.51 miles

  • Miller Creek Middle School

    1.61 miles

  • Marin Formative Christian Preschool

    1.32 miles

  • Gan Israel Preschool

    1.85 miles

  • Trinity Preschool

    3.00 miles

  • Ross Valley Nursery School

    3.93 miles

  • Marin Mountain School

    6.65 miles

  • Corte Madera Montessori

    6.67 miles

  • Bright Horizons

    7.24 miles

  • Creative Gardens Preschool and Daycare Center

    9.61 miles

Frequently Asked Questions

How much does 255 Channing Way cost?

The space currently listed for sale at 255 Channing Way asks for $6,000,000.

What is the total square footage of 255 Channing Way?

255 Channing Way totals 13,300 square feet.

When was this property built?

255 Channing Way was built in 1965.

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Contact Listing Broker
broker
Michael Johnston

HomeServices of America