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USACAKentfield1118 Sir Francis Drake Boulevard
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1118 Sir Francis Drake Boulevard, Kentfield, CA

House

For Sale

Listed price in listed location currency (USD).
$10,500,000

0031

MLS® 326045828

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 22572 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $465
MLS® Number 326045828

Property Address: 1118 Sir Francis Drake Boulevard, Kentfield, CA, 94904

Average square foot calculated using Size range provided by listing agent.

Description

Ideally located in the heart of affluent central Marin, this well-positioned property sits directly across from Kentfield Hospital and just two blocks west of the College of Marin. The highly desirable Kentfield location offers residents convenient access to major employers, retail, dining, and transportation corridors. Originally constructed in 1955, The Ross Apartments have been meticulously maintained by long-term ownership. While select improvements have been completed over the years, the property presents a strong value-add opportunity for future modernization and interior upgrades. The unit mix consists of four 2-bedroom apartments, twenty-six 1-bedroom apartments, and one spacious studio unit. Parking accommodations include garages with tandem spaces, covered carports, and additional open parking - one space per apartment Residents enjoy mature, low-maintenance landscaping centered around an attractive interior courtyard setting. Most units feature shared outdoor decks adjoining the living areas, and all apartments include hardwood flooring. The Ross Apartments present a compelling investment opportunity in a high-demand market supported by stable tenancy and meaningful rental upside potential. The property consists of a four-story wood-frame building with a stucco exterior on a concrete perimeter foundation. Originally constructed in 1955, much of the asset remains in its classic condition, offering investors the flexibility to maintain current operations or unlock additional value through a comprehensive renovation strategy. Parking amenities include a mix of garages, carports and open space with one assigned to each unit. Residents also benefit from an on-site laundry facility and dedicated storage lockers. Capital improvements are already underway. The roof consists of five sections, three of which have been recently replaced, with the remaining two scheduled for replacement. All electrical subpanels have been upgraded, and bedroom windows have been modernized with dual-pane glass, while living room windows remain in their original configuration. The property has historically operated with a central boiler heating system with heat paid for by ownership. A transition is currently in progress to individual electric heating units in each apartment, billed directly to tenants through their PG&E accounts, creating greater operational efficiency and reduced owner expense.
MLS® Number326045828
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1955
Basement
DrivewayCarport, Garage, Off Street, Uncovered, Varies by Unit
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 1, 1800End Date
Not Sold YetSold Price

For Sale

May 27, 2026List Date
$10,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1118 Sir Francis Drake Boulevard, Kentfield, CA

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