
Kentfield, CA 94904
Analysis of 1118 Sir Francis Drake Boulevard, Kentfield, CA 94904 is currently available with a list price of $10,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Kentfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1955, the property is well-maintained but remains in 'classic condition' with significant need for interior modernization in kitchens and baths. While key systems like electrical subpanels and partial roofing have been updated, the original living room windows and dated interiors align with the Fair criteria for properties over 20 years old needing updates.
Middle School: Ross Elementary School (9/10).
Situated in the heart of affluent central Marin directly across from Kentfield Hospital and near the College of Marin, ensuring high tenant demand and proximity to major employers.
The property’s classic 1955 condition provides a major opportunity for investors to modernize interiors and capture substantial rental upside in a high-demand market.
Much of the asset remains in its original 1955 state, requiring immediate and potentially significant capital investment to achieve peak market rents.
While bedroom windows are dual-pane, the living room windows remain in their original configuration, which may impact energy efficiency and aesthetic consistency.
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.
No exterior & parking available.
Grades K-4 • 0.8 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
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| Beds | - | - | 0% |
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| Built year | 1955 | - | 0% |
| HOA | $0 | $0 | 0% |
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May 26, 2026
$10,500,000
Initial Listing