#325020058, Donna Goldman, Listing Office: Compass
Property details
About 1120 Lincoln Ave
A high-rise development site is located near downtown San Rafael, just a block or two from the San Rafael Transit Center. The property is zoned C4N 40-50, allowing commercial or residential uses. This zoning allows for a 50-foot height. This property lends itself to luxury apartments, low-income housing, workforce housing or a senior community. The property is currently improved with a four-plus-unit building, which brings in $8,106/month. This will provide a nice cash flow while you develop it. The property is currently improved with a 1903 Victorian converted into four apartments, and additional vacant space on the ground floor that was previously office space has been added. The current tenants are all on month-to-month tenancies. According to San Rafael Planning, this property can be improved with a four to five-story building for commercial or residential use. There is only a seven-foot front and side street setback and 15' rear setback. Given its proximity to public transportation, parking requirement are reduced. A lot size of approximately 50' x 100' could equate to 2,850 sf per floor. As you go up in height, there may be some step-back requirements.
Highlights
Summary
- List Price: $1,875,000
- HOA Amount: $0
- Annual Tax Amount: $25,275
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Corner of Mission and Lincoln Ave
- Lot Size: 0.1148 Acres
- MLS Number: 325037199
- MLS Name: BAREIS MLS
- Office Name: Golden Gate Sotheby's International Realty
- Listing Agent: Michael J Burke
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Last updated on: 5/22/2025, 11:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,875,000
1120 Lincoln Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 01, 2021 | Home Sold | $1,365,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,448,440 | $25,275 |
2023 | $1,420,081 | $22,487 |
2022 | $1,392,268 | $21,198 |
2021 | $132,969 | $6,492 |
2020 | $130,003 | $6,391 |
2019 | $127,455 | $6,156 |
2018 | $124,956 | $6,063 |
2017 | $122,506 | $6,063 |
History based on county public records data.
Nearby schools
5
Coleman Elementary School
Public District KG-5
0.3 mi
•800 Belle Ave
6
Laurel Dell Elementary School
Public District KG-5
0.7 mi
•225 Woodland Ave
5
Bahia Vista Elementary School
Public District KG-5
1.5 mi
•125 Bahia Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,475. The most common annual income of people living in San Rafael, CA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 1120 Lincoln Ave
The listing price of 1120 Lincoln Ave property is $1,875,000.
The property 1120 Lincoln Ave is land located in San Rafael, California, 94901.
Active Listing: 1120 Lincoln Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1120 Lincoln Ave are: Coleman Elementary School (GreatSchools Rating 5/10), Laurel Dell Elementary School (GreatSchools Rating 6/10), Bahia Vista Elementary School (GreatSchools Rating 5/10), James B. Davidson Middle School (GreatSchools Rating 4/10), Venetia Valley K-8 School (GreatSchools Rating 3/10), Kent Middle School (GreatSchools Rating 8/10), Madrone High Continuation (GreatSchools Rating 2/10), San Rafael High School (GreatSchools Rating 6/10), Terra Linda High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $25,275 (source: MLS/based on county public records data).
The last sale was on June 1, 2021 for $1,365,000 (source: MLS/tax record).
The property 1120 Lincoln Ave is 0.115 acres.
This home is located at 1120 Lincoln Ave in San Rafael, CA and zip code 94901 in the Downtown San Rafael neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $1,875,000.
Over 20 listings were sold over their listed price in April 2025 in San Rafael, CA. In the same period over 25 listings were sold below the listed price and 9 listings were sold for the listed price. The number of homes for sale in San Rafael, CA increased by 35.4% between March and April 2025. Listings spent 139 days on the market in April 2025, and had a median list price of $1,325,000 during the same period.