Property Overview:
440 Canal St is a multi-family home in San Rafael, CA, built in 2001. The property features two studio units and one two-story, 1 bedroom 2 bathroom unit, totaling 1,764 sq. ft. of living space. Additional amenities include private garages, controlled access, and two private boat slips. The property is the most recently built apartment in the Canal Submarket.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 6.1% (lower than state average of 11.8%).
- Property crime risk: 9.2% (lower than state average of 10.8%).
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Schools:
Nearby schools include Madrone High Continuation, Bahia Vista Elementary, and James B. Davidson Middle.- Average SAT score: 1078 (540 Math, 538 English)—above state average of 975.
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Job Market:
- 64.7% white-collar jobs, 35.3% blue-collar jobs.
- Unemployment rate: 3.4% (lower than state average of 4.7%).
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Demographics:
- Community population: 38,300 (8% growth since 2000).
- 58% families with children.
- Largest age group: 25-34 years (16.14%); second largest: 35-44 years (15.1%).
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Natural Disaster Risk:
- High flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 54.3°F (January), 73.7°F (July).
- Average rainfall: 16.2 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $82,044.
- Average annual spending: $59,514.
Property Features:
- Two studio units and one two-story, 1 bedroom 2 bathroom unit.
- Private garages for all tenants.
- Controlled access and complete privacy.
- Directly on the Canal with two private boat slips.
- Most recent apartment completion in the Canal Submarket.
- Unit 2 is currently vacant and available.
- Short drive to shopping, entertainment, and employment options.
Location Benefits:
- Commuter-friendly: Close to public transportation and major highways.
- Family-oriented community with a growing population.
- Touring dates available:
- 11/15/24, 11am–12:30pm
- 11/21/24, 3pm–4:30pm
- Trophy product in a desirable, recently developed area.