179 Los Ranchitos Rd San Rafael, CA 94903

Building Details

Year Built

1948

Listing office KW Advisors p***@kw.com Show Phone

Listing date Mar 23, 2026

Source Exitrealty

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Investment Insights

Based on property information with market context.

This multi-family income property offers a total of 17 bedrooms and 9 bathrooms across two parcels. The main structure includes 16 bedrooms and 8 baths operating on a room-by-room rental model, with 14 standard rooms and 2 premium rooms. A fully detached 1BD/1BA private residence is included, with rent projected in the pro forma.

The property is located at 179 Los Ranchitos Rd in San Rafael, Marin County. The seller’s remarks describe pro forma gross rental income potential of $296,400 per year and pro forma owner-managed NOI of approximately $185,888 per year, with figures based on projected market rents and buyer verification.

Buyer to verify all income, expenses, and assumptions presented in the pro forma. All projections are provided by the seller and should be confirmed during due diligence.

Key Highlights

• 17‑bedroom, 9‑bath income property in San Rafael, built in 1948
• 1.66 acres across two parcels
• Room‑by‑room rental model: 16 bedrooms/8 baths plus 14 standard rooms at $1,300/mo and 2 premium rooms at $2,000/mo

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FAQs

What type of property is this?

Apartment building - Income property with 17 bedrooms and a detached 1BD/1BA private residence on two parcels in San Rafael.

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‑bedroom, 9‑bath income property in San Rafael, built in 1948; 1.66 acres across two parcels; Room‑by‑room rental model: 16 bedrooms/8 baths plus 14 standard rooms at $1,300/mo and 2 premium rooms at $2,000/mo