Under Contract

Contingent - Show

185-189 Los Ranchitos Rd

San Rafael CA, 94903

$2,400,000


$625.16 per sqft

Under Contract

Contingent - Show

2 Baths

3,839 sqft

Residential

Built in 1948

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. The Sellers may consider short-term financing at 5%. Duplicate listing in MLS residential

324039278

MLS ID

May 21, 2024

Listed

July 20, 2024

Updated

Map

185-189 Los Ranchitos Rd
San Rafael CA, 94903

Interior Features

Total Stories

0


Total Bathrooms

2


Full Bathrooms

2


Laundry Description

In Each Unit


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central, Wall Furnace

Exterior/Building Features

Lot Size

1.39 Acres


Exterior Features

Court, Landscape Back, Landscape Front, Private


Lot Features

Court, Landscape Back, Landscape Front, Private


Architectual Style

Bungalow, Spanish


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

San Rafael


Garage

Yes


Garage Spaces

6


Parking

Attached, Detached


Parking Total

11


View

No


County

Marin


Water Source

Public


Pool

No

Listing History

Date

Event

Price

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:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christina & Karla shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Bay Area Real Estate Information Services, Inc. all rights reserved.

 

Powered byLuxury Presence