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Listed price in listed location currency (USD).
$2,900,000

006

MLS® 41127432

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1948
MLS® Number 41127432

Property Address: 179 Los Ranchitos Rd, San Rafael, CA, 94903-3844

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

Description

Rare investment opportunity in the heart of San Rafael, Marin County, one of California's most supply-constrained rental markets. This exceptional 17-bedroom, 9-bath income property sits on 1.66 acres across two parcels with pro forma gross rental income potential of $296, 400/year. The property features a main structure with 16 bedrooms and 8 baths operating on a room-by-room rental model, 14 standard rooms at $1, 300/mo and 2 premium rooms at $2, 000/mo, plus a fully detached 1BD/1BA private residence with a market rent of $2, 500/mo. Pro forma owner-managed NOI of approximately $185, 888/year supports the $2, 900, 000 asking price at a 6.41% projected cap rate. All figures are pro forma projections based on market rents; buyer to verify. Contact listing agents for the full Offering Memorandum.
MLS® Number41127432
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1948
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$2,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
179 Los Ranchitos Rd, San Rafael, CA

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