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102 F Street, San Rafael, CA 94901, San Rafael, 94901 - 5 bed, 4 bath

102 F Street, San Rafael, CA 94901 home-pic-0
ACTIVE$1,900,000$3,022/sqft
Est. Value: $1,900,000
%
FairlyEstimate
102 F Street, San Rafael, CA 94901
5Beds
4Baths
3,022Sqft
5,323Lot

Price Vs. Estimate

The estimated value ($1,900,000) is $0 (0%) lower than the list price ($1,900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Accessibility: Prime West End San Rafael location, offering walking distance to downtown San Rafael and San Anselmo, with excellent access to the 101 freeway, public transportation (SMART train, transportation center), and a wealth of amenities including restaurants and shopping.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$1.90M vs avg $1.40M (+$500,500)81%
Size:3,022 sqft vs avg 2,091 sqft83%
Price/sqft:$629 vs avg $73933%

More Insights

Built in 1907 (119 years old).
Condition: This 1907-built multi-unit property is described as 'meticulously maintained' and 'updated,' featuring hardwood floors and clean interiors. While Unit 102A boasts a 'grand remodeled bathroom' with modern finishes, the kitchens in other units, particularly 102B, appear dated with white appliances and older cabinet styles. The property lacks modern central HVAC, relying on wood stoves and portable AC, which indicates older systems. Overall, it's well-kept and functional, but the age of the property and the varying levels of renovation across units, with some components showing signs of being outdated, place it in the 'fair' category, suggesting minor updates or repairs would enhance its appeal.
Year Built
1907
Close
-
List price
$1.9M
Original List price
-
Price/Sqft
$629
HOA
$0
Days on market
-
Sold On
-
MLS number
325007029
Home ConditionFair
Features
Deck
Patio
View-

About this home

Improved Pricing! This 3-unit building, nestled in the stunning West End area of San Rafael, is within strolling distance of both the vibrant city life of downtown San Rafael and the ever-evolving charm of San Anselmo. With easy access to the 101 freeway, the San Rafael transportation center, the SMART train, and a wealth of fabulous restaurants and shopping, this prime location offers an unparalleled lifestyle of convenience. This 1907-built property, meticulously maintained, presents a unique opportunity to own a piece of San Rafael history. Unit 102, a 3-bed, 2-bath residence, is perfect for an owner-user. The open-concept living space is ideal for both intimate family moments and grand gatherings. A detached artist studio in the sun-soaked backyard provides a peaceful artistic retreat. Unit 102A, a studio, features an open kitchen, grand remodeled bathroom, and expansive windows, adorning the living spaces with natural light. Unit 102B, a cozy 1-bed, 1-bath, complete with a sunlit patio for outdoor lounging, features a kitchen that opens directly to the patio, inviting the outdoors in, while the living room offers an intimate retreat for relaxation. Each unit has its own laundry, and the property boasts a 2-car garage, and ample street parking. Vintage & updated, a true gem!

L
Leiann Werner
Listing Agent

Price History

Date
Event
Price
12/22/00
Sold
$567,000
09/13/96
Sold
$72,196
09/12/07
Sold
$3,663,636
08/02/04
Sold
$1,225,000
Condition Rating
Fair
This 1907-built multi-unit property is described as 'meticulously maintained' and 'updated,' featuring hardwood floors and clean interiors. While Unit 102A boasts a 'grand remodeled bathroom' with modern finishes, the kitchens in other units, particularly 102B, appear dated with white appliances and older cabinet styles. The property lacks modern central HVAC, relying on wood stoves and portable AC, which indicates older systems. Overall, it's well-kept and functional, but the age of the property and the varying levels of renovation across units, with some components showing signs of being outdated, place it in the 'fair' category, suggesting minor updates or repairs would enhance its appeal.
Pros & Cons

Pros

Exceptional Location & Accessibility: Prime West End San Rafael location, offering walking distance to downtown San Rafael and San Anselmo, with excellent access to the 101 freeway, public transportation (SMART train, transportation center), and a wealth of amenities including restaurants and shopping.
Income-Generating Multi-Unit Property: A versatile 3-unit building providing significant income potential, with one unit (3-bed, 2-bath) explicitly designed for an owner-user, offering flexibility and financial benefits.
Historic Charm & Meticulous Maintenance: Built in 1907, the property retains its vintage character while being described as 'meticulously maintained' and 'updated,' presenting a unique blend of history and modern living.
Diverse Living Spaces & Amenities: Features diverse unit configurations (3B/2B, studio, 1B/1B), a detached artist studio, individual laundry for each unit, a 2-car garage, and ample street parking, enhancing livability and appeal.
Owner-User Opportunity: The primary 3-bedroom, 2-bathroom residence is highlighted as 'perfect for an owner-user,' allowing a buyer to reside in one unit while generating rental income from the others.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Significant Price History Discrepancy: The current list price of $1.9M is substantially lower than the last recorded sale price of $3.66M in 2007, which may raise questions about market value, past property conditions, or potential depreciation.
Age of Property & Potential System Updates: Despite being 'meticulously maintained,' a 1907-built property may still possess older infrastructure (e.g., plumbing, electrical, HVAC) that could necessitate future capital expenditures or higher maintenance costs compared to newer constructions.
Market Perception from Price Adjustment: The 'Improved Pricing!' and recent price change suggest the property may have experienced extended market time or was initially overpriced, potentially signaling buyer hesitation or market resistance.
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