255 Channing Way San Rafael, CA 94903
Property details
About 255 Channing Way
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.
Highlights
Summary
- MLS Number: 324073256
- MLS Name: San Francisco Association of REALTORS®
- Office Name: Berkshire Hathaway Drysdale Properties
- Office Phone: (415) 655-9007
- Listing Agent: Michael B Johnston
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. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 11:55:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,600,000
255 Channing Way
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Price information
Property sales
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Tax history
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Nearby schools
6
Vallecito Elementary School
Public District KG-5
0.9 mi
•50 Nova Albion Way
8
Sun Valley Elementary School
Public District KG-5
1.9 mi
•75 Happy Ln
5
Mary E. Silveira Elementary School
Public District KG-5
2.0 mi
•375 Blackstone Dr
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 $65,985. Typical income of San Rafael, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Symphony or Opera
Yoga/pilates
Major League Soccer (MLS)
Where do the neighbors shop?
Chico's
H&M
Banana Republic
Where do the neighbors go to eat?
Boston Market
Dominos Pizza
Sonic
What do the neighbors drive?
Volvo
Audi
Infiniti
What do the neighbors listen to?
Talk/Personality
Alternative
Urban Contemporary
This home is located at 255 Channing Way in San Rafael, CA and zip code 94903 in the Channing Court neighborhood. This 13,300 square foot home, which was built in 1965, sits on a 0.70 acre lot. Features: 28 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $5,600,000.
Over 6 listings were sold over their listed price in January 2025 in San Rafael, CA. In the same period over 17 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in San Rafael, CA between December and January 2025 decreased by 4.7%. While the average time on the market in January 2025 was 43 days, the median list price was $1,283,333.