1 Hammondale Court

offered at

$1,550,000

4 Units

A charming two-story fourplex situated at the desirable north end of Lincoln Avenue in San Rafael. With convenient freeway access and close proximity to downtown, the location offers convenience and ease of commute.

Each apartment has an identical, spacious one-bedroom design, providing comfortable living spaces for our residents. The property features off-street parking for added convenience, along with an on-site common laundry facility. Tenants can also enjoy the expansive yard area for recreational activities.

The building appears well-maintained, with energy-efficient dual pane windows recently installed, ensuring a pleasant living environment.

LOCATION

Located at the North end of Lincoln Avenue on a side cul-de-sac. Easy freeway access and close to downtown San Rafael.

OVERVIEW

The early history is a little of a mystery. Originally built as a house in 1939, at some point it was rebuilt into a 4- unit complex (1956?). Now, four 1BR apartments of similar floorplans. Units have been remodeled over the years. Overall, it appears in good condition.

Wood frame construction with a composition roof. Units are individually metered for, and tenants pay for their own PG&E. Newer tenants also pay for shared utility services (RUBS). Older tenants pay $20/mo. Open un-covered parking for four cars. On-site leased laundry room. Large yard for the tenant’s use.

Rents are for the most part near market. Tenancies vary between m/m and lease.

PROPERTY DISCRIPTION

Age: 1939/1956
Construction: Wood Frame on a slab foundation.
Roof: Composition Shingle, 2000 per permit records
Parking: Off-street four-car
PG&E: Separate meters
Kitchens: electric stove, disposal, no dishwasher
Heating: electric wall heat
Water and Trash: By owner with reimbursements
Electrical: Circuit breakers – brand unknown
Laundry - Leased

SALE OVERVIEW

This property, due to loan encumbrances, must be sold either with or concurrent with the sale of 5-9 Hammondale, next door.

DIRECTIONS

North end of Lincoln Avenue to Hammondale or from the north, take the Lincoln Avenue exit and you are there.

SHOWING

AND OFFERS

Drive by, but do not disturb tenants. Call with 48 hour advance notice for interior showings.

Offers as received.