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$2,900,000

$6,800Reward *

179 Los Ranchitos Rd, San Rafael, CA 94903Listing ID 41127432

179 Los Ranchitos Rd, San Rafael, CA 94903

Active

Not Listed

Time on site: 136 days • Last updated: Mar 26, 2026

Property Type

Residential Income

Property Sub Type

Acres

0.88

Days on Site

136

Heating

None

Year Built

1948

Parking

Garage

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CCBE-206540170 • CCBE-206539352

179 Los Ranchitos Rd, San Rafael, CA 94903

Market Report for 94903

Property Information

Property Details

Location

Interior Features

Heating and Cooling

Building

Building Information