Closed

$2,300,000

185 - 189 Los Ranchitos Road, San Rafael, CA 94903

4beds

3,839sqft

Multi Family

Built in 1948

-- sqft lot

$2,346,700 Zestimate^®

$599/sqft

$4,079 Estimated rent

Home value

$2,346,700

$2.09M - $2.63M

$4,079/mo

Zestimate^® history

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Owner options

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$4,079/mo

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$4,079/mo

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$14,484/mo

Est. payment

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$14,484/mo

Est. payment

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What's special

An incredible Marin County investment opportunity. The property is located on 1.38 acres (60,000 sf) of land, and features a spacious 2BR home with tall ceilings, inlaid hardwood floors, oversized bedrooms, a large country kitchen and a 50's purple'' bath that the tenants love. In addition to the main house, there are four, updated and in great condition 1BR cottages. Each unit has its own laundry room and attached 1-car garage. While the current price reflects the property's existing income, the true value lies in its untapped potential - keep as is, or add two additional ADU'' cottages, or divide the property into separate lots with the house on one and the four 1BR houses on the others. The Sellers may consider 3-5 year financing at 5%. Duplicate listing in MLS residential

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 2

Heating

Central, Wall Furnace

Cooling

None

Appliances

Laundry: In Unit

Features

Unit 1 - Beds: 4, Baths: 4, Square Footage: 5576 | Unit 2 - Beds: 2, Baths: 1, Square Footage: 609 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 3839 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 3839

Interior area

Total structure area: 3,839
Total interior livable area: 3,839 sqft

Property

Parking

Total spaces: 11
Parking features: Attached, Detached
Attached garage spaces: 6
Uncovered spaces: 5

Features

Levels: One

Lot

Size: 1.39 Acres
Features: Court, Landscape Back, Landscape Front, Private

Details

Parcel number: 17529235
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow,Spanish
Property subtype: Multi Family

Materials

Stucco, Wood
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1948

Utilities & green energy

Electric: Separate Meters
Gas: Separate Meters
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: San Rafael

HOA & financial

HOA

Has HOA: No

Price history

Date	Event	Price
11/1/2024	Sold	$2,300,000-4.2%$599/sqft
Source: BAREIS #324039278 Report a problem
10/28/2024	Pending sale	$2,400,000$625/sqft
Source: BAREIS #324039284 Report a problem
9/28/2024	Contingent	$2,400,000$625/sqft
Source: BAREIS #324039278 Report a problem
9/10/2024	Listed for sale	$2,400,000$625/sqft
Source: BAREIS #324039284 Report a problem
9/9/2024	Contingent	$2,400,000$625/sqft
Source: BAREIS #324039284 Report a problem