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Multi family home for sale at 179 Los Ranchitos Rd, San Rafael, CA 94903 | MLS# 41127432 | Listing updated on 2026-03-26
Photo 1 of Multi family home for sale at 179 Los Ranchitos Rd, San Rafael, CA 94903 | MLS# 41127432 | Listing updated on 2026-03-26
Photo 2 of Multi family home for sale at 179 Los Ranchitos Rd, San Rafael, CA 94903 | MLS# 41127432 | Listing updated on 2026-03-26
Photo 3 of Multi family home for sale at 179 Los Ranchitos Rd, San Rafael, CA 94903 | MLS# 41127432 | Listing updated on 2026-03-26
Photo 4 of Multi family home for sale at 179 Los Ranchitos Rd, San Rafael, CA 94903 | MLS# 41127432 | Listing updated on 2026-03-26
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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

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

179 Los Ranchitos Rd, San Rafael, CA 94903

$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 ...

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  • Houzeo last checked: 10 minutes ago
  • Listing updated: March 26, 2026 at 1:29 am
  • Source: California Regional MLS-CA | MLS#: 41127432 California Regional MLS-CA

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Building
179 Los Ranchitos Rd
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Marin County

  • City

    San Rafael

  • Neighborhood

    Rafael Meadows Los Ranchitos

  • 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

DateEventPrice

03/15/2026

Source: mls_logoCalifornia Regional MLS-CA #41127432

Listed for Sale

$2,900,000

$0/sqft

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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