179 Los Ranchitos Rd, San Rafael, CA, 94903

0.88acre

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.

Listing agents:

Preet Ballagan

License #02125828

KW Advisors

Bimal Siyan

License #01454347

KW Advisors

179 Los Ranchitos Rd is a Residential Income property located in San Rafael, California, featuring a 0.878 acre lot, MLS #41127432.

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Data last modified: 2026-03-17 02:59:43