179 Los Ranchitos Rd San Rafael, CA $ 2,900,000
179 Los Ranchitos Rd
$ 2,900,000
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179 Los Ranchitos Rd

San Rafael, CA, 94903
$ 2,900,000
Baths0.0

Monthly Estimate*

$ 17,856

Listed by KW Advisors
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Studio

Multi-Family Home for sale in San Rafael, CA

for $2,900,000. This home was built in 1948 on a lot size of 0.8775.

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.

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Multi-Family Active

Price

$ 2,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.8775

Year Built

1948

Town/City

San Rafael

County/Region

Marin

MLS | Web ID

41127432

Days on Market

6

Features
General
Sewer Public Sewer
Heating None
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Washer
Zoning R-20
HOA Fee 0
Construction Materials Stucco
Year Built 1948
County Marin
Property Type Residential Income
Subdivision Name Not Listed
Garage Y/N true
Status Active
Directions N San Pedro Rd -> Los Ranchitos Blvd Cross Street: Circle Rd.
City San Rafael
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 38224
Listing Terms Cash Conventional
Standard Status Active
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Interior
Flooring Laminate
Air Conditioning Y/N false
Heating Y/N false
Total Baths 0
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Exterior
Parking Features Garage
Lot Features Back Yard Front Yard Yard
Total Parking 6
Lot Size Area 38224
Lot Size Acres 0.8775
Lot Size Source Public Records
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* Excluded Features
List By
Kw Advisors

Broker

preet.ballagan@kw.com

Email

Affordability Calculator

$17,856
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,856
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$2,900,000 Listed Price

Map


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179 Los Ranchitos Rd, San Rafael, CA, 94903 is a Multi-Family Home for sale at $2,900,000 with a lot size of 0.8775. 179 Los Ranchitos Rd is a studio with 0.0 baths and was built in 1948. The property's zip code is 94903 which is in San Rafael, CA