Bought with Michael J Burke • Golden Gate Sotheby's International Realty
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185 Los Ranchitos RD #189 San Rafael, CA 94903
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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type 3+ Houses on Lot
Listing Status Sold
Purchase Type For Sale
Square Footage 3,839 sqft
Price per Sqft $599
MLS Listing ID 324039284
Sold Date 11/01/24
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1948
Lot Size 1.390 Acres
Property Description
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 separate lots with the house on one and four 1BR houses on the others. Sellers may consider short-term financing at 5%. Duplicate listing in MLS residential
Location
State CA
County Marin
Community No
Area San Rafael
Interior
Heating Central, Wall Furnace
Cooling None
Fireplaces Number 1
Fireplaces Type Living Room
Laundry Inside Area
Exterior
Garage Attached, Detached
Garage Spaces 12.0
Utilities Available Public
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Spanish
Level or Stories 1
Others
Senior Community No
Special Listing Condition Successor Trustee Sale
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