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Street View
Listed by: Preet Ballagan (408) 209-7807 DRE #02125828, Bimal Siyan DRE #01454347 | KW Advisors (510) 796-7900
$2,900,000
Monthly Est:$14,434
-- Bed
- -- Bath
--sqft
179 Los Ranchitos Rd, San Rafael, CA 94903
$2,900,000
$14,434/moEst:
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Multi Family
Built in 1948
$-- HOA
38,224 sqft lot
--/sqft
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 ...
Continue Reading- Houzeo last checked: 10 minutes ago
- Listing updated: March 26, 2026 at 1:29 am
- Source: California Regional MLS-CA | MLS#: 41127432

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1948
HOA Fees
-
Finished Area
- sqft
Lot Size
38,224 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41127432
MLS Status
Active
Days on Market
187
Cumulative Days on Market
10

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Appliances
Dryer, Washer
Heating
None
Flooring
Laminate
Sewer
Public Sewer
Construction
Year Built
Year Built: 1948
Home type
Multi Family
Roof
Shingle
Construction Materials
Stucco
Utilities & Energy
Parking Features
Garage
Other Features
Lot Features
Back Yard, Front Yard, Yard
Subdivision Name
Not Listed
Price History
| Date | Event | Price |
|---|---|---|
03/15/2026 Source: | Listed for Sale | $2,900,000 $0/sqft |
Find Homes by Property Features in San Rafael, CA

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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