621 E St Immeuble residentiel 4 lots 1 074 650 € (268 662 €/Lot) Taux de capitalisation 5,67 % San Rafael, CA 94901

621 E Street – A historic building with modern upgrades
Once the town’s bakery and grocery store, 1875 building was converted into four large 1BR apartments in 1987. Featuring soaring ceilings, arched windows, updated systems, in-unit laundry, and forced-air heat, the property also includes a detached 1–2 car garage and fenced yard/patio.
Originally built in 1875, this distinctive building once served as the town’s bakery and grocery store. In 1987, it was carefully renovated and converted into four spacious one-bedroom apartments, preserving its architectural character while adding modern conveniences.
The residences feature soaring ceilings and oversized arched windows that fill each home with natural light and historic charm. Designed with today’s tenants in mind, all units include individual washer/dryers, dishwashers, dedicated water heaters, and forced-air heating. Major systems—electrical, plumbing, and circuit breakers—appear to have been updated, offering efficiency and reliability. The building shell appears to be of brick construction with very thick exterior walls.
The property is well-maintained and in above-average condition. Additional amenities include a detached garage with space for one to two vehicles, plus a fenced yard and patio area that provide shared outdoor space. Each apartment benefits from a very large private storage room.
621 E Street offers a rare opportunity to own a piece of local history while enjoying a steady income from a solid, updated property.