# 179 Los Ranchitos Rd, San Rafael, CA 94903

> **TL;DR:** residential multi family, $2,900,000 ($520/sqft), built 1948, 5,582 sqft.
> A/C. Est. $12,567/mo. Listed 77 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,900,000 |
| Price/sqft | $520 |
| Square Feet | 5,582 |
| Year Built | 1948 |
| Lot Size | 38,333 sqft (0.88 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 77 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,567 |
| **Total** | **$12,567** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1948
- 0.88 acre lot

## Description

### Agent 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 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.

## Location

- **Address:** 179 Los Ranchitos Rd, San Rafael, CA 94903
- **County:** Marin
- **Neighborhood:** Not Listed
- **Coordinates:** 37.996536, -122.541503
- **Google Maps:** https://www.google.com/maps?q=37.996536,-122.541503

## Listing Agent

- **Name:** Preet Ballagan
- **Brokerage:** KW Advisors
- **Phone:** 4082097807
- **Email:** preet.ballagan@kw.com

## Primary Photo

![179 Los Ranchitos Rd - Primary Photo](http://lh.rdcpix.com/267036a85d7798c22ce8314742c0b554l-f3602298739r.jpg)

*38 total photos available on [listing page](https://www.propertysimple.com/listing/179-los-ranchitos-rd-san-rafael-ca-94903-41127432)*

---

**MLS#:** 41127432 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/179-los-ranchitos-rd-san-rafael-ca-94903-41127432)

---

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  "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 resi",
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