5 Hammondale Ct | San Rafael, CA 94901
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5 Hammondale Ct
San Rafael, CA 94901
Hammondale Court · Multifamily Property For Sale · 3 Units
Executive Summary
A delightful residential complex tucked away on a peaceful cul-de-sac off North Lincoln Avenue in San Rafael. This attractive property features three charming apartments elegantly remodeled with a modern touch, including brand-new heating and air conditioning systems.
The convenience continues with covered carport parking and an on-site laundry facility, ensuring a hassle-free living experience. The spacious backyard provides a serene open space for tenants to relax and enjoy.
Constructed in 1952, the triplex is wood frame on a concrete perimeter foundation. This property is currently fully rented near the market and presents an excellent investment opportunity for a new owner.
Built in 1952, this building was extensively remodeled by a previous owner including new heating and air conditioning. On-site laundry with owned equipment. Large back patio area for the tenant’s use.
Rents appear to be at market. New tenants pay pro-rata (RUBS) share of utilities. Older tenants billed $20/mo.
Age: 1952
Construction: Wood Frame over concrete perimeter foundation
Roof: Flat T&G
Parking: Three-car carport
Kitchen: gas stoves, remodeled from original
PG&E: Separate meters
Water and Trash: By owner with reimbursements
Electrical: Circuit breakers – Updated 1989, exterior location.
Water heaters: Individual
Laundry: one washer and dryer – owned.
The convenience continues with covered carport parking and an on-site laundry facility, ensuring a hassle-free living experience. The spacious backyard provides a serene open space for tenants to relax and enjoy.
Constructed in 1952, the triplex is wood frame on a concrete perimeter foundation. This property is currently fully rented near the market and presents an excellent investment opportunity for a new owner.
Built in 1952, this building was extensively remodeled by a previous owner including new heating and air conditioning. On-site laundry with owned equipment. Large back patio area for the tenant’s use.
Rents appear to be at market. New tenants pay pro-rata (RUBS) share of utilities. Older tenants billed $20/mo.
Age: 1952
Construction: Wood Frame over concrete perimeter foundation
Roof: Flat T&G
Parking: Three-car carport
Kitchen: gas stoves, remodeled from original
PG&E: Separate meters
Water and Trash: By owner with reimbursements
Electrical: Circuit breakers – Updated 1989, exterior location.
Water heaters: Individual
Laundry: one washer and dryer – owned.
PROPERTY FACTS Under Contract
| Price Per Unit | $598,521 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 4.13% | Building Size | 1,694 SF |
| Gross Rent Multiplier | 15.3 | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 1.77/1,000 SF |
| Apartment Style | Low Rise |
| Price Per Unit | $598,521 CAD |
| Sale Type | Investment |
| Cap Rate | 4.13% |
| Gross Rent Multiplier | 15.3 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 1,694 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 1.77/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $3,084 CAD | 650 |
PROPERTY TAXES
| Parcel Number | 011-041-07 | Improvements Assessment | $1,095,904 CAD |
| Land Assessment | $1,092,616 CAD | Total Assessment | $2,188,519 CAD |
PROPERTY TAXES
Parcel Number
011-041-07
Land Assessment
$1,092,616 CAD
Improvements Assessment
$1,095,904 CAD
Total Assessment
$2,188,519 CAD
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