240 Canal St, San Rafael, CA 94901

Studio-- baths-- sqft Edit

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Sold: $7,250,000
Sold on 10/11/12
Zestimate®: $3,204,734
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Rare opportunity to own a large waterfront apartment complex in the Canal area of San Rafael. The Fairwinds has an excellent occupancy track record. The complex is gated for security, and tenant base is very stable, with the average resident having lived there for 4.5 years. First time on the market in 19 years. Many units w/water views. Owner-operated coin laundry on site.

Facts

  • Lot: 1.6 acres
  • Multi Family
  • Built in 1972
  • Views: 913 all time views
  • Last sold: Oct 2012 for $7,250,000

Features

  • Gated Entry

      Construction

      • Exterior material: Other
      • Roof type: Composition
      • Unit count: 74

      Other

      • Last remodel year: 1973
      • Parcel #: 00802007
      • Zillow Home ID: 80754544

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $3,204,734
      -$1,634,657 Last 30 days
      $2.76M
      $3.69M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $5,804/mo
      -$214 Last 30 days
      $3.2K
      $12K
      Zestimate range

      Popularity on Zillow

      913 all-time views
      of this home (chart)

      Comparable Homes

      Homes like this sold for $1.66-3.36M.

      $1.45M
      $3.56M

      Mortgages

      Neighborhood

      Market guide

      Zillow predicts 94901 home values will increase 3.9% next year, compared to a 3.2% rise for San Rafael as a whole.

      Foreclosures will be a factor impacting home values in the next several years. In 94901, the number of foreclosures waiting to be sold is 24.5% greater than in San Rafael, and 37.1% less than the national average. This higher local number may prevent 94901 home values from rising as quickly as other regions in San Rafael.

      Learn more about forecast calculations or 94901 home values.
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        Nearby Schools in San Rafael

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org