Exceptional Income-Producing Triplex with Significant Multifamily Development Potential Rare opportunity to acquire an income-producing asset with substantial upside on a 14,000+ square-foot lot offering outstanding multifamily development potential and convenient freeway access. This property presents an exceptional combination of immediate cash flow and long-term value creation. The current owner has completed several important pre-development milestones, including a architects feasibilty study, soils report, boundary survey, and professionally designed architectural site plans featuring two alternative structural concepts for an eight-unit residential development, allowing a future owner to accelerate the development process. The existing property consists of three residential units: Detached two-bedroom, one-bath home, with a basement. Two attached one-bedroom, one-bath units, one of which includes a valuable additional room. Current gross rental income is $6,772.50 per month, with a recent appraisal indicating an estimated market rent of $7,535 per month. The property's unique ability to generate stable rental income during the planning, entitlement, and development process distinguishes it from vacant development sites. Beyond its investment appeal, the property has successfully served as a multigenerational family compound and offers flexibility for buyers seeking extended-family living, value-add income opportunities, or phased redevelopment. Properties offering this combination of current income, development readiness, and long-term appreciation potential are difficult to find. An exceptional opportunity for investors, developers, and 1031 exchange buyers seeking both immediate returns and future growth.
Rare opportunity to own two homes on one lot in a convenient and versatile setting. The main residence features 3 bedrooms and 2 full bathrooms with comfortable living spaces, while the detached ADU offers its own kitchen and bathroom, ideal for guests, extended family, rental income, or a private home office setup. Whether you're looking for multi-generational living, an investment opportunity, or added flexibility, 38 Bret Avenue offers a unique layout with endless potential. Enjoy the ability to live in one home and rent the other, host long-term guests with ease, or create the perfect work-from-home retreat. A special property with options that are hard to find.
Welcome to 709 C Street - a light-filled, new construction complex of 4 townhouses made for easy California living. Thoughtfully designed with high end finishes and attached garages in a downtown location. Units have chef's kitchens with custom cabinetry; wide plank hardwood floors; indoor/outdoor flow with terraces, decks and patios, and rooftops deck with views of Mt Tam. Tucked on a tree-lined street between Gerstle Park and downtown San Rafael: vibrant dining, wellness, live music, local coffee, parks and trails are just beyond your doorstep. Quick SF commute and convenient transit options.
Steeped in history and rich with architectural grandeur, 14 Sentinel Ct presents a rare opportunity to own an iconic estate with exceptional investment value. The approximately 4,200 sq ft property is comprised of a Victorian triplex plus a newly constructed one-bedroom cottage. All are situated on a stunning 15,000 sq ft lot, ideally positioned on the west side of San Rafael between San Rafael's and San Anselmo's vibrant downtowns. The Victorian triplex has retained timeless period details, while being extensively upgraded to bring the residence into the present. The triplex features a 2,020 square foot, three-bedroom, two-story owner's residence with grand 12 ft ceilings, oversized bay windows, refinished hardwood floors, five chandeliers, a renovated kitchen with marble countertops, a spa-like bath with heated floors and a glass walk-in shower, and in-unit laundry, complemented by a large sun deck and an enchanting garden below. The lower-level boasts an over 1,000 sq ft one bedroom with upgraded kitchen and bath, walk-in closet, abundant storage, dedicated laundry, and a large fenced-in patio with an enchanting elephant fountain. The third unit, also on the lower level, is a charming studio with a full bath and kitchen with gas stove. Completing the property is the custom one-bedroom cottage, built in 2021. The cottage has fir floors, a full kitchen with gas stove, high ceilings and overhead skylights, and in-unit laundry. Attached to the cottage is a storage room for the owner's use. 14 Sentinel Court has a high walkability score and offers easy access to major transportation corridors and bike routes for a dream commute. Whether you're envisioning a premier investment property or flexible live-rent hybrid, you simply won't find this opportunity elsewhere. It's more than just a home... it's a Marin legacy in the making.
Beautifully maintained 1928 property, where classic architectural details and warm hardwood floors blend seamlessly with thoughtful modern updates. Rich in character, the home showcases the craftsmanship and charm of a bygone era while offering today's comforts and conveniences. Currently configured with three income-producing units, this versatile property presents an exceptional opportunity for investors, owner-occupants, or multi-generational living. Each unit has been well cared for and features updated kitchens, creating an attractive and functional living environment for residents. The outdoor deck with an amazing view is an inviting space for relaxing, entertaining, or enjoying morning coffee, while the property's excellent condition reflects years of attentive maintenance. Whether you're seeking a strong investment, supplemental rental income, or a unique property with flexibility and historic charm, this rare offering delivers the best of both worlds. This property, currently tenant-occupied, has a 3-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. In addition, it has a spacious basement for storage, a separate laundry room, and 5 parking spaces. Close to shopping, schools, and public transportation. Well-maintained and currently occupied. Photos do not reflect tenants' belongings.
Located in the heart of downtown San Rafael, 27 Latham Street presents a rare duplex opportunity just blocks from the restaurants, shops, cafes, and conveniences of vibrant 4th Street. The property features two separate residences, offering flexibility for multi-generational living, rental income, or owner occupancy. The front home includes 2 bedrooms, 1 full bathroom, and a full kitchen, while the back home offers 3 bedrooms and 2 full bathrooms with a spacious layout. A beautiful garden creates a peaceful outdoor setting to relax or entertain, all in an unbeatable central San Rafael location near parks, transportation, and everyday amenities.
Built circa 1883 and ideally situated near San Rafael's Dominican neighborhood, this distinctive property offers timeless charm and versatile living opportunities. The residence is configured as four separate units, each with its own character, layout, and appeal. Perfect for owner living in one unit with rental income. Additional property amenities include basement laundry, an attached one-car garage, and a separate detached garage. Landscaped front and back yards enhance the setting and provide welcoming outdoor space for year-round enjoyment. Close to downtown, shopping and other amenities with easy access to Highway 101 and public transportation.
PRICE REDUCTION! Featuring spectacular views, 111 Altena Street offers two 2-bedroom/1-bath units, perfect for First-Time Buyers looking to offset their mortgage with rental income. Seller will be removing the property from the market on August 8. All offers due before then. Seller is offering attractive seller‑financing terms: 18 months interest‑only, followed by a 10‑year amortized loan term. The property's hallmark is its sweeping, panoramic vistas of San Rafael Bay, the Richmond-San Rafael Bridge, East Bay hills, and Mount Diablo, providing a serene backdrop from sunrise to sunset. Lower Unit (Leased): 2BD/1BA with a private layout, dedicated sitting area to maximize the views, dedicated laundry, a private outdoor patio, and dedicated parking. Upstairs Unit (Owner-Occupant Potential): 2BD/1BA featuring a classic layout, cozy fireplace, view-focused sitting area, separate dining space, functional kitchen, dedicated laundry, private patio and valuable one-car garage with storage. The property offers exceptional convenience, providing quick access to major thoroughfares for commuting toward San Francisco and across the Bay. Residents are moments from Marin's celebrated outdoor lifestyle, including waterfront strolling near Loch Lomond Marina and hiking at China Camp State Park, and are minutes away from the Bon Aire Shopping Center for daily needs. Buyer to verify all details including square footage, unit mix, and rental amounts.
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.
Courtesy: BHHS Drysdale Properties
510-742-6330
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San Rafael is located in California. San Rafael, California has a population of 61,158. San Rafael is less family-centric than the surrounding county with 32.11% of the households containing married families with children. The county average for households married with children is 33.06%.
The median household income in San Rafael, California is $104,521. The median household income for the surrounding county is $131,008 compared to the national median of $69,021. The median age of people living in San Rafael is 43.1 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 40.6 inches per year, with 0 inches of snow per year.
