Home | Marin County | San Rafael | 94903 | 179 Los Ranchitos Rd
MLS: BE41127432 | Status: Active | Price: $2,900,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 5,582 | 0.88 | 1948 |
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.
| Field | Value |
|---|---|
| MLS # | BE41127432 |
| MLS Source | Bay East |
| Days on Site | 38 |
| Feature | Details |
|---|---|
| Appliances | Dryer, Washer |
| Flooring | Laminate |
| Cooling | Air Conditioning - None |
| Heating | No Heating |
| Feature | Details |
|---|---|
| Roof | Composition |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Parking Area, Garage: Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| Complex Amenities | Other, Playground |
| Zoning | R-20 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Preet Ballagan | Bimal Siyan |
| KW Advisors | KW Advisors |
| License #: 02125828 | License #: 01454347 |
| Phone: (408) 209-7807 | Phone: (510) 755-3709 |
School data provided by GreatSchools.org
©2026 Bay East. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay East.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of March 26, 2026. For the most current information, please contact Preet Ballagan, (408) 209-7807.