858-525-5007

179 Los Ranchitos Rd, San Rafael CA 94903 | $2,900,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 38224 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1948
  • MLS#: 41127432
  • Community:

Listing provided courtesy of Preet Ballagan of KW Advisors. Last updated 2026-06-26 08:15:04.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.88 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985