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0 Baths

$2,900,000

179 Los Ranchitos Rd, San Rafael CA, 94903

Price per sqftN/A
Built in1948
Property typeResidential
Listed by Preet Ballagan CA DRE# 02125828 with KW Advisors 408-209-7807

Overview

Active

Listed Mar 16, 2026

Updated 11h ago

*** 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.

$19,294/mo

Est. mortgage payment based on a $2,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
41127432

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.88 Acres

Other Property Details

Garage
Yes

Also listed on BEAR

MLS provider logo

Listed by Preet Ballagan CA DRE# 02125828 with KW Advisors 408-209-7807

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/25/2026 at 3:51 AM UTC Last Checked: 3:51 AM UTC

 

 

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