185 189 Los Ranchitos Road
San Rafael, CA 94903
- – beds
- – baths
- 3,839 sqft
- ~1 acre lot
- $599 per sqft
- 1948 build
- – on site
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An incredible Marin County investment opportunity. The property is located on 1.38 acres (60,000 sf) of land, and features a spacious 2BR home with tall ceilings, inlaid hardwood floors, oversized bedrooms, a large country kitchen and a 50's purple'' bath that the tenants love. In addition to the main house, there are four, updated and in great condition 1BR cottages. Each unit has its own laundry room and attached 1-car garage. While the current price reflects the property's existing income, the true value lies in its untapped potential - keep as is, or add two additional ADU'' cottages, or divide the property into separate lots with the house on one and the four 1BR houses on the others. The Sellers may consider 3-5 year financing at 5%. Duplicate listing in MLS residential
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Last updated Dec 9, 2024
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MLS# 324039278 —
The Building
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Year Built:1948
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Year Built Source:Assessor Auto-Fill
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Roof:Composition
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Construction Materials:Stucco, Wood
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Architectural Style:Bungalow, Spanish
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Levels:One
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# of Buildings:5
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Foundation:Concrete Perimeter
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# of Units Total:5
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SqFt:3,839 Sqft
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SqFt Source:Assessor Agent-Fill
Financial & Terms
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Terms:Seller Financing
Location
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Directions:Las Ranchitos between the Civic Center and Norhtgate Shopping Center.
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Area:San Rafael
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Cross Street:Hinde Blvd
The Property
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Property Type:Residential Income
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Property Type:5 or More Units
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Lot Features:Court, Landscape Back, Landscape Front, Private
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60548Lot SqFt:
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Lot Size Measurement:Acres
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Lot Size Source:Assessor Auto-Fill
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1.3900Acres:
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Assessors Parcel Number:175-292-35
The Listing
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Special Listing Conditions:Successor Trustee Sale
Heating & Cooling
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Heating:Central, Wall Furnace
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Cooling:None
Utilities
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Water Source:Public
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Sewer:Public Sewer
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Separate Meters:Electricity, Gas
Appliances
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Laundry Features:In Each Unit
The Community
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Association:No
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Cap Rate:4.10
Parking
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Garage Spaces:6.00
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Total Parking Spaces:11.00
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Parking Features:Attached, Detached
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Open Parking Spaces:5.00
Extra Units
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# of 1 Bedroom Units:4
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# of 2 Bedroom Units:1
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Unit 1 Description:2BR home with tall ceilings and inlaid hardwood flooring.
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Unit 1 Bedrooms:2
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Unit 1 # of Rooms:5
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Unit 1 Full Baths:1
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Unit 1 Approx SqFt:1394
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Unit 2 Full Baths:1
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Unit 2 Description:One of four cottages
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Unit 2 Bedrooms:1
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Unit 2 # of Rooms:3
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Unit 2 Approx SqFt:609
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/1/24
Nov 1, 2024
|
Sold | BAREIS | $2,300,000 | -4.2% |
|
10/28/24
Oct 28, 2024
|
Pending | BAREIS | $2,400,000 | |
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9/28/24
Sep 28, 2024
|
Sold Subject To Contingencies | BAREIS | $2,400,000 |
