San Rafael Multifamily Investment
For Sale
$2,900,000
179 Los Ranchitos Rd, San Rafael, CA 94903
MULTI_FAMILY - San Rafael, CA
Property Size5,582 SF
Lot Size0.88 Acres
Price / SF$519.53
Days on Market146
Property Features for 179 Los Ranchitos Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-20
Parking features
Parking Lot
Exterior features
Back Yard, Front Yard, Side Yard, Storage, Garden
Appliances
Dryer, Washer
Subdivision
Not Listed
Lot features
2 Houses / 1 Lot
Standard status
Active
APN
17529241
Size
5,582 SF
Lot size
0.88 Acres
Building Details
Year built
1948
Number of units
2
Flooring type
Laminate
Building materials
Stucco
Roof type
Composition
Additional Structures
Storage
Listing Agency:
KW Advisors · Keller Williams Realty
(510) 796-7900
Listed By:
Preet Ballagan · License #02125828
(408) 209-7807
Added: Mar 16
Changed: May 7
Last Checked: Aug 8 at 10:06PM
MLS# 41127432
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Investment Insights
Based on property information with market context.
Located in San Rafael, Marin County, this income property presents an investment opportunity. The property, situated on 1.66 acres across two parcels, features a main structure with 16 bedrooms and 8 bathrooms. The main structure operates on a room-by-room rental model, with 14 standard rooms and 2 premium rooms. Additionally, there is a detached 1-bedroom, 1-bathroom private residence. The property has a size of 5582 square feet. The zoning is R-20.
Key Highlights
- High‑income potential: Pro forma gross rental income of $296,400/year and NOI of $185,888/year.
- Rare investment opportunity in supply‑constrained San Rafael, Marin County.
- Large 1.66‑acre property with two parcels.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,734
Businesses Nearby
Explore this area
Business Placement
Demographics for 94903, CA
30,514
Population
12,708
Households
2.4
Avg Household Size
47
Median Age
55%
College-Educated
92%
High-School Grad
19.9 sq mi
ZIP Area
1,533
Density / Sq Mi
$127,464
Median Household Income
$57,527
Median Earnings
$3,026
Median Rent
$1,149,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - 17-bedroom, 9-bath income property on 1.66 acres.
Where is this multifamily property located?
The property is located at 179 Los Ranchitos Rd San Rafael, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: High‑income potential: Pro forma gross rental income of $296,400/year and NOI of $185,888/year.; Rare investment opportunity in supply‑constrained San Rafael, Marin County.; Large 1.66‑acre property with two parcels.
