Active

179 Los Ranchitos Rd

San Rafael, CA 94903
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Bed 0

Bed

Bath 0

Bath

SqFt38,224

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : Residential Income

Price : $2,900,000

AD Id : 76167245

MLS Id : 41127432

Lot Size : 38,224 Sqft

Year Built : 1948

County : Marin

Subdivision: Fallbrook

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Feature Features

  • Bathroom Information

    Total Baths: 0

    Water/Sewer

    Sewer: Public Sewer
  • Interior Features

    Roof: Shingle Property Appliances: Dryer,Washer Flooring: Laminate
  • Cooling Features

    Air Conditioning

    Heating Source

    None Has Heating

  • Building Information

    Year Built: 1948 Construction: Stucco Roof: Shingle

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.8775
  • Lot Size Source: Public Records Lot Size Square Feet: 38224

  • Listing Price Information

    Original List Price: 2,900,000 Listing Contract Date: 2026-03-16

  • Tax Information

    Parcel Number: 17529241

  • Garage and Parking

    Garage Description: Garage

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: N San Pedro Rd -> Los Ranchitos Blvd Cross Street: Circle Rd. Zoning: R-20 Source Property Type: Residential Income
  • Building and Construction

    Property Age: 78 Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Bayhills Drive, San Rafael, CA, 94903 $1,204,000 4 2 2,278 2,278 SqFt
319 N San Pedro Rd, San Rafael, CA, 94903 $1,495,000 -- -- --
319 N San Pedro Rd, San Rafael, CA, 94903 $1,495,000 6 3 2,099 2,099 SqFt
2725 Las Gallinas Avenue, San Rafael, CA, 94903 $1,349,888 3 2 1,456 1,456 SqFt
11 Oak Tree Court, San Rafael, CA, 94903 $1,695,000 5 3 2,297 2,297 SqFt

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ByOwner last updated this listing 06/09/2026 @ 16:27

MLS: 41127432 LISTED BY: Preet Ballagan, KW Advisors 510-796-7900 SOURCE: CRMLS

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