179 Los Ranchitos Rd, San Rafael, CA 94903

Other
AUD $4,166,068
USD $2,900,000
Published on: 31 Mar 2026
Last updated on: 25 Sep 2026
179 Los Ranchitos Rd, San Rafael, CA 94903
179 Los Ranchitos Rd, San Rafael, CA 94903
179 Los Ranchitos Rd, San Rafael, CA 94903
+38
179 Los Ranchitos Rd, San Rafael, CA 94903
  • 38
Property ID: 110106816039
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Residential Income, San Rafael, CA

179 Los Ranchitos Rd, San Rafael, CA 94903
*** 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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
3,561.24 m2
Building Size
518.58 m2
Year Built
1948
County
Marin
Parcel ID
17529241
Provider
Bay East
Subdivision
Not Listed
Brokerage Office Name
KW Advisors Fremont
Brokerage Office Phone
(510) 505-5550
Neighbourhoods
Not Listed
Address
179 Los Ranchitos Rd, San Rafael, CA 94903
Contact Agent
Preet Ballagan
KW Advisors
39465 Paseo Padre Pkwy #1500, Fremont, CA 94538
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Preet Ballagan
39465 Paseo Padre Pkwy #1500, Fremont, CA 94538
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      Property ID: 110106816039

      Original Property ID: 3yd-BAEORCA-41127432
      Data provided by Bay East, MLS #: 41127432
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