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179 Los Ranchitos Rd, San Rafael, CA 94903

San Rafael
Local realty services provided by:CENTURY 21 Sierra Properties
179 Los Ranchitos Rd,San Rafael, CA 94903
$2,900,000
  • - Beds
  • - Baths
  • 5,582 sq. ft.
  • Multi-family
  • Active
Listed by: preet ballagan, bimal siyan
Office: kw advisors510-796-7900
MLS#:41127432
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$519.53

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:163 day(s) ago
  • Updated:August 27, 2026 at 02:38 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:5,582 sq. ft.

Structure and exterior

  • Year built:1948
  • Building area:5,582 sq. ft.
  • Lot area:0.88 Acres
  • Construction Materials:Stucco
  • Exterior Features:2 Houses / 1 Lot, Back Yard, Front Yard, Garden, Side Yard, Storage

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$519.53

Features and amenities

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

Parking

  • Parking description:Attached, Parking Lot
  • Garage:Yes
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 27, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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