$4,700,000

255 Channing Way, San Rafael CA, 94903

Price per sqft$353.38

Built in1965

Property size13,300 sqft

Property typeMulti-family

Overview

Sold

Closed

Listed Sep 13, 2024

Updated May 29

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.

Additional information

MLS^® ID: 324073256

Interior Features

Bedrooms: 28
Bathrooms: 2
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.7 Acres

Other Property Details

View: Yes

Bought with Michael J Burke with Golden Gate Sotheby's International Realty and Listed by Michael B Johnston (DRE #DRE #01370461) with Berkshire Hathaway Drysdale Properties

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 5/29/2026.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sarkissian Bullock Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 2:50 PM UTC, 5/29/2026