Pending
185-189 Los Ranchitos Rd
San Rafael CA, 94903
$2,400,000
$625.16 per sqft
Pending
6 Beds
5 Baths
3,839 sqft
Multi-family
Built in 1948
2BR home plus 4-1BR cottages. 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 6-8 lots with the house on one and 5-7 building sites available for construction. Sellers may consider short-term financing at 5%. Duplicate listing in MLS residential
324039284
MLSⓇ ID
May 21, 2024
Listed
August 23, 2024
Updated
Map
185-189 Los Ranchitos Rd
San Rafael CA, 94903
Interior Features
Total Stories
1
Bedrooms
6
Total Bathrooms
5
Full Bathrooms
5
Laundry Description
Inside Area
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Central, Wall Furnace
Exterior/Building Features
Lot Size
1.39 Acres
Exterior Features
Court
Lot Features
Court
Architectual Style
Bungalow, Spanish
Sewer
Public Sewer
Other Property Details
Area Name
San Rafael
Garage
Yes
Garage Spaces
6
Parking
Attached, Detached
Parking Total
12
View
No
County
Marin
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/9/2024 | Pending | — |
7/20/2024 | Under contract | — |
7/12/2024 | Price change | $2,400,000 -4% |
6/17/2024 | Active | — |
6/12/2024 | Under contract | — |
Listed by Michael J Burke (00454938) with Golden Gate Sotheby's International Realty
Listing Contact:
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