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
Sold for $2,300,000 on 11/01/24
$2,300,000
185 - 189 Los Ranchitos Road, San Rafael, CA 94903
4beds
3,839sqft
Multi Family
Built in 1948
-- sqft lot
$2,237,900 Zestimate®
$599/sqft
$4,019 Estimated rent
Home value
$2,237,900
$1.99M - $2.51M
$4,019/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2024 at 08:58am
Listed by:
Michael J Burke DRE #00454938 415-518-7200,
Golden Gate Sotheby's 415-464-9300,
Pamela Burke DRE #02156257 415-424-9835,
Golden Gate Sotheby's
Bought with:
Michael J Burke, DRE #00454938
Golden Gate Sotheby's
Pamela Burke, DRE #02156257
Golden Gate Sotheby's
Source: BAREIS,MLS#: 324039278
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & 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 | ||
| 10/28/2024 | Pending sale | $2,400,000$625/sqft |
Source: BAREIS #324039284 | ||
| 9/28/2024 | Contingent | $2,400,000$625/sqft |
Source: BAREIS #324039278 | ||
| 9/10/2024 | Listed for sale | $2,400,000$625/sqft |
Source: BAREIS #324039284 | ||
| 9/9/2024 | Contingent | $2,400,000$625/sqft |
Source: BAREIS #324039284 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Rafael Meadows/Los Ranchitos
Nearby schools
GreatSchools rating
- 7/10Vallecito Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Miller Creek Middle SchoolGrades: 6-8Distance: 2.2 mi
- 9/10Terra Linda High SchoolGrades: 9-12Distance: 0.7 mi