San Rafael, CA 94903,185 Los Ranchitos RD #189
Listed by Michael J Burke • Golden Gate Sotheby's International Realty
Bought with Michael J Burke • Golden Gate Sotheby's International Realty
$2,300,000
$2,400,000
4.2%
Est.Price: ?

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6 BD
5 BA
3,839 SqFt

185 Los Ranchitos RD #189 San Rafael, CA 94903

Est. payment /mo
SOLD DATE : 11/01/2024

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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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Deanna Deckard

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