Two-Residence Duplex with
27 Latham Street San Rafael, CA 94901
For Sale
$1,299,500
MULTI_FAMILY - Craftsman - San Rafael, CA
Property Size2,080 SF
Lot Size0.10 Acres
Price / SF$624.76
Days on Market29
Property Features for 27 Latham Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bathroom 1
Parking
3
Parking features
Covered
Window features
Double Pane Windows
Appliances
Free-Standing Gas Range, Microwave
Standard status
Active
APN
01124112
Size
2,080 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace, Central
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Linoleum, Carpet, Parquet Wood
Roof type
Composition
Architectural style
Craftsman
Listing Agency:
Golden Gate Sotheby's International Realty
(415) 456-1200
Listed By:
Joe Bondanza · License #00910574
(415) 246-5549
Added: Jul 1
Changed: Jul 29
Last Checked: Jul 29 at 3:06PM
MLS# 326046089
Copyright © 2026 Bay Area Real Estate Information Services, Inc. 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.
27 Latham Street is a duplex property offering two separate residences on one lot. The front home features 2 bedrooms and 1 full bathroom with a full kitchen. The back home offers 3 bedrooms and 2 full bathrooms, with a more spacious layout. Both residences are positioned to support flexible living arrangements, including owner occupancy alongside rental use.
Set in the heart of downtown San Rafael, the property is located just blocks from restaurants, shops, cafes, and everyday conveniences along 4th Street. The surrounding area also provides proximity to parks and transportation, supporting an urban lifestyle with convenient access to local amenities.
This configuration can work well for buyers seeking multi-generational living with separation between households, or for those looking to operate the property with two distinct units. With dedicated bedroom and bathroom counts in each residence, the duplex layout offers practical options for tenant mix or private living space while keeping both units under a single ownership. The outdoor garden further adds a quiet, usable area for relaxing or entertaining without leaving the property.
Set in the heart of downtown San Rafael, the property is located just blocks from restaurants, shops, cafes, and everyday conveniences along 4th Street. The surrounding area also provides proximity to parks and transportation, supporting an urban lifestyle with convenient access to local amenities.
This configuration can work well for buyers seeking multi-generational living with separation between households, or for those looking to operate the property with two distinct units. With dedicated bedroom and bathroom counts in each residence, the duplex layout offers practical options for tenant mix or private living space while keeping both units under a single ownership. The outdoor garden further adds a quiet, usable area for relaxing or entertaining without leaving the property.
Key Highlights
- Duplex in downtown San Rafael with two separate residences
- Front home: 2 bedrooms, 1 full bathroom, and a full kitchen
- Back home: 3 bedrooms and 2 full bathrooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.1k | $51.00 |
| − Vacancy | −$6.3k | −$3.05 |
| EGI | $99.7k | $47.95 |
| − OpEx | −$29.9k | −$14.39 |
| NOI | $69.8k | $33.57 |
2,080 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$997.4K
$872.7K – $1.16M
NOI $69,815 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$430.4K
$376.6K – $502.2K
NOI $30,131 @ 7.0% cap · market cap 2.32%
Theoretical Best
Specialty Retail
$10.16M
$8.89M – $11.85M
NOI $711,196 @ 7.0% cap · market cap 54.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with a 2/1 front residence and a 3/2 back residence, plus an outdoor garden setting.
Where is this duplex located?
The property is located at 27 Latham Street San Rafael, CA.
What is the asking price?
The asking price for this property is $1,299,500.
What are key features of this property?
This property features: Duplex in downtown San Rafael with two separate residences; Front home: 2 bedrooms, 1 full bathroom, and a full kitchen; Back home: 3 bedrooms and 2 full bathrooms
