$2,400,000
185 Los Ranchitos RD #189 San Rafael, CA 94903
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Listed by Michael J Burke • Golden Gate Sotheby's International Realty
$2,400,000
Est. payment /mo
2,100 Beds
2 Baths
3,839 SqFt
UPDATED:
10/28/2024 06:08 PM
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 3,839 sqft
Price per Sqft $625
MLS Listing ID 324039278
Bedrooms 2100
HOA Y/N No
Year Built 1948
Lot Size 1.390 Acres
Property Description
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 the four 1BR houses on the others. The Sellers may consider 3-5 year financing at 5%. Duplicate listing in MLS residential
Location
State CA
County Marin
Area San Rafael
Interior
Heating Central, Wall Furnace
Cooling None
Exterior
Garage Attached, Detached
Garage Spaces 11.0
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Spanish
Others
Special Listing Condition Successor Trustee Sale
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