Residential Income - 179 Los Ranchitos Rd, San Rafael, CA
$2,900,000
179 Los Ranchitos Rd, San Rafael, CA
MLS# 41127432
Description
*** 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
Location
179 Los Ranchitos Rd • San Rafael, CA 94903
Listing Agent
Preet Ballagan
DRE #: 02125828
Brokerage: KW Advisors
Bimal Siyan
Co-Listing Agent
DRE #: 01454347
Brokerage: KW Advisors
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CRMLS
MLS# 41127432
Listed: 3/16/2026 12:43 PM
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Based on information from the California Regional Multiple Listing Service, Inc. as of 9/23/2026 6:14 PM. 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 deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: KW Advisors
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.