179 Los Ranchitos Rd, San Rafael, CA — listing photo 1
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FOR SALE

179 Los Ranchitos Rd

San Rafael, CA 94903
38,224 Lot Sq Ft
Built 1948
$2,900,000

Property Overview

*** 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.

Home Details

Property type
Residential Income
Year built
1948
Lot size
38,224 sq ft
Parking
6 spaces
Days on market
192
MLS status
Active
Zoning
R-20

Features & Amenities

Appliances

  • Dryer
  • Washer

Parking

  • Garage

Lot

  • Back Yard
  • Front Yard
  • Yard

Community, Schools & Utilities

Community

Subdivision
Not Listed

Utilities

Heating
None
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Location & Neighborhood

179 Los Ranchitos Rd

San Rafael, CA 94903

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Frequently Asked Questions About 179 Los Ranchitos Rd

Property type: Residential Income

The current asking price is $2,900,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 179 Los Ranchitos Rd. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1948. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Rafael, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Rafael property.
The MLS currently reports the property as Active. It has been listed for 192 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Preet Ballagan
MLS ID: CCBE-206540170

Available property

$2,900,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.