179 Los Ranchitos Rd

Beds
Baths
5,582 Sq. Ft.
$520 / Sq. Ft.
5,582
Sq. Ft.
$520
per Sq. Ft.

Description

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...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.
  1. Listed by Preet Ballagan • DRE #02125828 • KW Advisors
  2. Listed by Bimal Siyan • DRE #01454347 • KW Advisors

Property Details for 179 Los Ranchitos Road

City
SAN RAFAEL
Dist Neighborhood Subdiv
Not Listed
Building Type
OTHER
Property Sub Type
OTHER
Garage/Parking
Attached Garage, Parking Area
Park Spaces Total
6
LISTING UPDATED: 03/25/2026 06:13 PM

Property Details for 179 Los Ranchitos Road

StatusActive
MLS #41127432
Days on Compass86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / OTHER
Year Built1948
Lot Size0.88 AC / 38,224 SF
CountyMarin County

Location

Listing Courtesy of KW Advisors, Preet Ballagan, DRE #02125828; KW Advisors, Bimal Siyan, DRE #01454347
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Building Information for 179 Los Ranchitos Road

Stories-Residences2Year Built1948Building Size-Lot Size0.88 AC / 38,224 SF

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$16,151 per month

30 year fixed, 6.36% Interest

Principal and Interest

$14,451

Property Taxes

$1,700

HOA Dues

$0

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Property Information for 179 Los Ranchitos Road

Features
Feature Details
  • Flooring: Laminate
  • Laundry: Washer, Dryer
Utility Details
  • Cooling: No Air Conditioning
  • Heating: No Heat
  • Water/Sewer: PublicSewer, Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other, Playground, Recreation Room
Property Details
  • Additional Equipment: Dryer, Washer
  • City Transfer Tax: No
  • Exterior: Stucco
  • Lot Description: 2 Houses / 1 Lot
  • Lot Sq Ft Apx: 38224
  • Lot Size Square Feet: 38224.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 5582
  • Yard Description: Back Yard, Front Yard, Patio, Side Yard, Storage
  • Year Built: 1948
  • Zoning: R-20
  • Acres: 0.88
Location Details
  • Directions to Property: N San Pedro Rd -> Los Ranchitos Blvd
  • FIPS Code: 06041
  • Parcel Number: 175-292-41
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 2
  • Basement: None
  • Miscellaneous Features: Balcony/Patio, Garden, Play Area, Recreation, Other
  • Parking Description: Attached Garage, Parking Area
  • Existing Lease Terms: Month to Month
  • Tenant Pays: None
  • Financial Data Source: Projected
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Garden, Play Area, Recreation, Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 179 Los Ranchitos Road

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Listed (Active)

MLSListings #BE41127432

$2,900,000
Mar 16, 2026

Listed (Active)

CRMLS #41127432

$2,900,000
Mar 16, 2026

Listed (Active)

EBRD #41127432

$2,900,000
DateEvent & SourcePrice
03/16/2026

Listed (Active)

MLSListings #BE41127432

$2,900,000
03/16/2026

Listed (Active)

CRMLS #41127432

$2,900,000
03/16/2026

Listed (Active)

EBRD #41127432

$2,900,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 179 Los Ranchitos Road

Taxable ValueLand$1,013,446Additions$281,218Total$1,294,664
Tax Record2025$20,403 ($1,700 / month)
Home Facts
Beds17Total Finished SqFt5,582 SqFtAbove Grade Finished SqFt5,582 SqFtLot Size38,224 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1962CountyMARINAPN175-292-41

Schools near 179 Los Ranchitos Road

This home is within San Rafael City High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Venetia Valley Elementary School
PublicK to 8

James B. Davidson Middle School
Public6 to 8

Terra Linda High School
Public9 to 12

San Rafael High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

179 Los Ranchitos Road is a multi-family home for sale in San Rafael, CA 94903. This property was listed for sale on March 16, 2026 by KW Advisors, it's currently listed at $2,900,000. It has been on the market for a total of 86 days and was last sold on November 24, 2021. This listing's school district is San Rafael City High School District. Nearby schools include Venetia Valley Elementary School, James B. Davidson Middle School and Terra Linda High School. 179 Los Ranchitos Road is a 0-bed, 0-bath, 5,582 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, Preet Ballagan, DRE #02125828; KW Advisors, Bimal Siyan, DRE #01454347

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.