179 Los Ranchitos Rd, San Rafael, CA 94903
179 Los Ranchitos Rd, San Rafael, CA 94903
179 Los Ranchitos Rd, San Rafael, CA 94903
38
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Listed by Preet Ballagan • KW Advisors
$2,900,000
Est. payment /mo
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5,582 SqFt
Active

179 Los Ranchitos Rd San Rafael, CA 94903

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 5,582 sqft

Price per Sqft $519

Subdivision Not Listed

MLS Listing ID 41127432

HOA Y/N No

Year Built 1948

Lot Size 0.878 Acres

Property Sub-Type OTHER

Source BAY EAST

Property 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.

Location

State CA

County Marin

Interior

Heating None

Cooling No Air Conditioning

Flooring Laminate

Fireplace No

Appliance Dryer, Washer

Building

Lot Description 2 Houses / 1 Lot

Others

Special Listing Condition Offer As Is

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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179 Los Ranchitos Rd

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