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Room-Rental Multifamily Property
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 Market227

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
Directions N San Pedro Rd -> Los Ranchitos Blvd
Standard status Active
APN 17529241
Size 5,582 SF
Lot size 0.88 Acres

Additional Details

Currently Operating Yes

Utilities

Sewer type Public Sewer
Water source Public

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
Added: Mar 16 Changed: Oct 27 Last Checked: Oct 28 at 1:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

The 5,582-square-foot multifamily property was built in 1948 and includes 17 bedrooms and 9 bathrooms. Its main structure has 16 bedrooms and 8 bathrooms configured for individual room rentals, alongside a separate one-bedroom, one-bathroom residence. Stucco construction, laminate flooring, a composition roof, and a parking lot are among the property’s physical features. Washer and dryer appliances are included.

The property is located in San Rafael, within Marin County, and is zoned R-20. Public water and sewer serve the site. Exterior features include front, back, and side yards, a garden, and storage.

Key Highlights

  • 17 bedrooms and 9 bathrooms across the property
  • Main building configured with 16 bedrooms and 8 bathrooms for room‑by‑room rentals
  • Detached one‑bedroom, one‑bathroom residence

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A 17-bedroom, 9-bathroom property combines room-by-room rentals with a detached one-bedroom residence.
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: 17 bedrooms and 9 bathrooms across the property; Main building configured with 16 bedrooms and 8 bathrooms for room‑by‑room rentals; Detached one‑bedroom, one‑bathroom residence
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