179 Los Ranchitos Rd, San Rafael, CA 94903

San Rafael
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
179 Los Ranchitos Rd,San Rafael, CA 94903
$2,900,000
  • - Beds
  • - Baths
  • 5,582 sq. ft.
  • Multi-family
  • Active
Listed by: preet ballagan, bimal siyan
Office: kw advisors
MLS#:41127432
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$519.53

About this home

*** Seller financing available *** Seller financing for up to 75% of the purchase price to a qualified buyer, at a 5.5% interest rate for a 3-year term. A rare investment opportunity in the heart of San Rafael, Marin County, one of California's most supply-constrained rental markets. This exceptional 17-bedroom, 9-bath income property sits on 1.66 acres across two parcels with pro forma gross rental income potential of $296,400/year. The property features a main structure with 16 bedrooms and 8 baths operating on a room-by-room rental model, 14 standard rooms at $1,300/mo and 2 premium rooms at $2,000/mo, plus a fully detached 1BD/1BA private residence with a market rent of $2,500/mo. Pro forma owner-managed NOI of approximately $185,888/year supports the $2,900,000 asking price at a 6.41% projected cap rate. All figures are pro forma projections based on market rents; buyer to verify.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1948
  • Subdivision & Development:Not Listed
  • Listing ID #:41127432
  • Added:196 day(s) ago
  • Updated:September 29, 2026 at 01:40 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:5,582 sq. ft.

Heating and cooling

  • Cooling:No Air Conditioning

Structure and exterior

  • Roof:Composition Shingles
  • Year built:1948
  • Building area:5,582 sq. ft.
  • Lot area:0.88 Acres
  • Construction Materials:Stucco

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$519.53

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Attached, Parking Lot
  • Garage:Yes
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 29, 2026

New listings near 179 Los Ranchitos Rd