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Apartment Building with Detached Residence
For Sale
$2,900,000

179 Los Ranchitos Rd, San Rafael, CA 94903

Residential Income, San Rafael, CA

Property Size5,582 SF
Lot Size0.88 Acres
Price / SF$519.53
Days on Market192

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
Listed By: Preet Ballagan · License #02125828
Added: Mar 16 Changed: Aug 19 Last Checked: Sep 23 at 6:06AM
MLS# 41127432

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property comprises a primary structure with 16 bedrooms and 8 bathrooms, plus a detached one-bedroom, one-bath residence. The main building operates with individual room rentals and includes 14 standard rooms and 2 premium rooms. The separate residence provides an additional private living unit. Total building area is 5,582 square feet, with laminate flooring, stucco construction, composition roofing, laundry appliances, storage, and a parking lot. Exterior areas include front, back, and side yards along with a garden.

The property is located in San Rafael, California, within Marin County, and is identified as R-20 zoning. It was constructed in 1948 and occupies two parcels. The configuration offers multiple residential spaces within one apartment asset, supported by on-site parking and outdoor areas.

Key Highlights

  • 17 bedrooms and 9 bathrooms across the primary building and detached residence
  • Primary structure includes 16 bedrooms and 8 bathrooms
  • Detached 1BD/1BA private residence

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Auto Repair Shop Barber Shop Big Box & Wholesale Store Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Room-by-room rental configuration includes a separate private residence, landscaped outdoor areas, storage, and on-site parking.
Where is this apartment building 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: 17 bedrooms and 9 bathrooms across the primary building and detached residence; Primary structure includes 16 bedrooms and 8 bathrooms; Detached 1BD/1BA private residence
More about this property
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