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$2,900,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
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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. Contact listing agents for the full Offering Memorandum.

Full Property Details for 179 Los Ranchitos Rd

General

  • Price: $2,900,000
  • Status: Active
  • Type: Multi-Family
  • Source: MAX
  • MLS ID: 41127432
  • Updated: 3/16/2026
  • Added to Site: 8 day(s) ago

Interior

  • Appliances: Dryer, Washer
  • Flooring: Laminate

Exterior

  • Exterior Features: Back Yard, Front Yard, Side Yard, Storage, Garden

Parking

  • Attached garage: Yes
  • Parking Features: Attached, Parking Lot

Location

  • Area: Listing
  • County: Marin
  • Subdivision: Not Listed
  • Driving Directions: N San Pedro Rd -> Los Ranchitos Blvd

Heating & Cooling

  • Cooling Type: No Air Conditioning
  • Heating Type: None

Utilities

  • Sewer: Public Sewer

Structural Information

  • Exterior Const.: Stucco
  • Roof: Composition Shingles
  • Year Built: 1948

Lot Features

  • Lot Size (Acres): 0.88
  • Lot Dimensions: 38332.8
  • Lot Features: 2 Houses / 1 Lot

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $520

Disclosures and Reports

  • Property ID: 17529241

Listed by KW Advisors, Preet Ballagan and KW Advisors, Bimal Siyan

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Listing agents

— 179 Los Ranchitos Rd —

  • Preet Ballagan

    KW Advisors

  • Bimal Siyan

    KW Advisors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 179 Los Ranchitos Rd

School Districts:Miller Creek Elementary School District, San Rafael City High School District
NameGradesDistance
Vallecito Elementary School
50 Nova Albion Way, San Rafael, CA 94903
K-50.9 mi
Miller Creek Middle School
2255 Las Gallinas Avenue, San Rafael, CA 94903
6-82.3 mi
Terra Linda High School
320 Nova Albion Way, San Rafael, CA 94903
9-120.7 mi
San Rafael High School
150 3rd Street, San Rafael, CA 94901
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 179 Los Ranchitos Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/16/2026
Listed
$2,900,000
41.46%
MLS
11/16/2021
Sold
$2,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 179 Los Ranchitos Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,403
8%
$1,294,664
2%
2024
$18,946
1%
$1,269,288
2%
2023
$18,679
4%
$1,244,400
2%
2022
$17,876
-1%
$1,220,000
-6%
2021
$18,111
—
$1,293,771
1%
2020
$18,067
6%
$1,280,508
2%
2019
$17,116
1%
$1,255,409
2%
2018
$16,900
—
$1,230,803
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 179 Los Ranchitos Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by KW Advisors, Preet Ballagan and KW Advisors, Bimal Siyan

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179 Los Ranchitos Rd, San Rafael, CA 94903 (MLS# 41127432) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 179 Los Ranchitos Rd is currently listed for $2,900,000 and was received on March 16, 2026. Want to learn more about 179 Los Ranchitos Rd? Do you have questions about finding other Multi-Family real estate for sale in San Rafael? You can browse all San Rafael real estate or contact a Coldwell Banker agent to request more information.

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