179 Los Ranchitos Rd, San Rafael, CA 94903

San Rafael
Local realty services provided by:ERA North Orange County Real Estate
179 Los Ranchitos Rd,San Rafael, CA 94903
$2,900,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: preet ballagan, bimal siyan
Office: kw advisors510-796-7900
MLS#:41127432
Source:CRMLS

Price summary

  • Price:$2,900,000

About this home

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.

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Home facts

  • Year built:1948
  • Subdivision & Development:Not Listed
  • Listing ID #:41127432
  • Added:152 day(s) ago
  • Updated:August 16, 2026 at 01:18 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Washer

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Lot area:0.88 Acres
  • Lot Features:Back Yard, Front Yard, Yard
  • Construction Materials:Stucco

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
  • Parking description:Garage
  • Garage:Yes
Based on information from California Regional Multiple Listing Service, Inc. as of August 16, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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