For Sale22d on market
179 Los Ranchitos Rd
San Rafael, CA, 94903 • Rafael Meadows/Los Ranchitos • Marin County
$2,900,000
$520/sqft
Down payment assistance available
5,582Sqft
0.88 acLot
1948Built
Property DNA
Character Home
Built 1948 · 78 years of history
Not Listed
Rafael Meadows/Los Ranchitos
Outdoor Living
Patio · Balcony/Patio
Garage
Attached · Parking Lot
This home is getting attention
Listed 22 days ago · 478 views · 4 saves
Market activity
Demand and pricing signals for this listing
478 views
People checking out this listing
4 saves
Buyers have saved this home
22 days on market
Recently listed
$520/sqft
Price per square foot
About this home
Multi Family · Built 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.
Estimated monthly payment
Based on current rates
$18,309/month
Principal & Interest$14,442
Property Tax$2,900
Insurance$967
Down payment20% ($580,000)
3%50%
Est. 6.35% rate · 30yr fixed · $2,320,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1948
HeatingNone
CoolingNo Air Conditioning
ParkingAttached Garage
Days on Zillow22 Days
Price/sqft$520
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1948
Systems
HeatingNone
CoolingNo Air Conditioning
RoofComposition
ConstructionStucco
Water / SewerPublic Sewer
Parking & Outdoor
ParkingAttached, Parking Lot
BasementNone
Lot0.88 Acres
Location & Tax
NeighborhoodRafael Meadows/Los Ranchitos
ZoningR-20
Annual tax$18,649
Parcel17529234
Features & details
10 categories of property features
Interior Features
Appliances
Dryer
Washer
Flooring
Laminate
Heating
None
Cooling
No Air Conditioning
Exterior Features
Exterior
Storage
Garden
Parking
Attached
Parking Lot
Construction
Stucco
Patio & Porch
Patio
Balcony/Patio
Lot Features
2 Houses / 1 Lot
Back Yard
Front Yard
Side Yard
Community
Play Area
Recreation
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market22
Est. rent$3,696/mo
Tax rate1.13%
Price/sqft$520
On marketMar 16, 2026
PostedMar 16, 2026
Last sold$2,050,000
MLS updatedMar 25, 2026
Tour days9
Views478
Favorites4
How are the schools in San Rafael?
3 schools rated nearby
Location
San Rafael, CA, 94903
Price history
11 events
DateEventPrice$/sqftSource
Mar 17, 2026Listed For Sale$2,900,000$520Bay East AOR
Nov 24, 2021Sold$2,050,000$367BAREIS
Nov 10, 2021Pending Sale$2,250,000$403BAREIS
Nov 9, 2021Contingent$2,250,000$403BAREIS
Oct 26, 2021Price Change$2,250,000$403BAREIS
Sep 23, 2021Listed For Sale$1,750,000$314BAREIS
Mar 24, 2021Listing Removed——BAREIS
Feb 6, 2021Listed For Sale$2,500,000$448BAREIS
Jan 22, 2021Listing Removed——BAREIS
Dec 1, 2020Listed For Sale$2,500,000$448Coldwell Banker Realty
Jun 25, 2005Sold$1,040,000$186Agent Provided
Listed For Sale$2,900,000
Mar 17, 2026•$520/sqft•Bay East AOR
Sold$2,050,000
Nov 24, 2021•$367/sqft•BAREIS
Pending Sale$2,250,000
Nov 10, 2021•$403/sqft•BAREIS
Contingent$2,250,000
Nov 9, 2021•$403/sqft•BAREIS
Price Change$2,250,000
Oct 26, 2021•$403/sqft•BAREIS
Listed For Sale$1,750,000
Sep 23, 2021•$314/sqft•BAREIS
Listing Removed—
Mar 24, 2021•BAREIS
Listed For Sale$2,500,000
Feb 6, 2021•$448/sqft•BAREIS
Listing Removed—
Jan 22, 2021•BAREIS
Listed For Sale$2,500,000
Dec 1, 2020•$448/sqft•Coldwell Banker Realty
Sold$1,040,000
Jun 25, 2005•$186/sqft•Agent Provided
Tax history
12 years of records
YearTax paidAssessed value
Apr 7, 2017$18,649$1,446,875
Apr 7, 2016$18,247$1,418,515
Apr 7, 2015$17,438$1,369,188
Apr 7, 2014$15,011$1,222,490
Apr 7, 2013—$1,111,355
Apr 7, 2012—$1,058,434
Apr 7, 2011—$1,091,170
Apr 7, 2010—$1,091,170
Apr 7, 2009—$1,148,600
Apr 7, 2008—$1,278,476
Apr 7, 2007—$1,253,416
Apr 7, 2006—$1,080,800
Nearby homes
Neighborhood details
Local context around this listing
San Rafael, CA • Marin County
Nearby neighborhoods
CanalCivic CenterGerstle ParkLincoln/San Rafael HillLucas ValleyMarinwoodNorth San Rafael Commercial CenterPeacock GapSun ValleyTerra Linda
Nearby cities
Corte MaderaFairfaxKentfieldMill ValleyNovatoPetalumaSan AnselmoSan Rafael
Nearby zip codes
9490194903949129491394914949159496494974
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