11150 Sir Francis Drake Boulevard, Point Reyes Station, CA 94956, Point Reyes Station, 94956 - 3 bed, 5 bath
11150 Sir Francis Drake Boulevard
Point Reyes Station, CA 94956
Property Price
SUMMARY
Analysis of 11150 Sir Francis Drake Boulevard, Point Reyes Station, CA 94956 is currently available with a list price of $985,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Point Reyes Station Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1920, this multi-unit property shows signs of age. While some units have fresh paint and newer laminate flooring, the kitchens feature basic, older appliances and laminate countertops, and bathrooms are functional but very dated. The property description explicitly notes 'Age-Related Maintenance & Capital Expenditure' and 'potential system upgrades (e.g., plumbing, electrical), and significant capital investment to modernize units.' This indicates that major systems likely require substantial repairs and rehabilitation beyond minor cosmetic updates, aligning with a 'Poor' condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15002, living area = 2430.
- Diverse Income Streams & Mixed-Use Zoning
The property is a 'Mixed Use Gem' with five separate units (3 residential, 2 commercial) across two buildings, offering exceptional income diversification and is zoned Coastal Village Commercial Residential, providing flexible usage.
- Strategic Location
Located in Point Reyes Station, the complex is 'convenient to town and trails,' enhancing its appeal for both residential tenants and commercial businesses.
CONSRISKS & DEFICIENCIES
- Age-Related Maintenance & Capital Expenditure
Built in 1920, the property is likely to require ongoing maintenance, potential system upgrades (e.g., plumbing, electrical), and significant capital investment to modernize units and maximize income potential.
- Complex Management Requirements
Managing five distinct units (3 residential, 2 commercial) across two buildings demands a higher level of time, effort, and expertise in property management compared to single-unit investments.
- MLS Classification Discrepancy
The MLS 'sub_type' is listed as 'Single Family Residence,' which directly contradicts the detailed description of a mixed-use, multi-unit property, potentially causing confusion during appraisal or financing processes.
About 11150 Sir Francis Drake Boulevard
Investment property! Mixed Use Gem. 1031 exchange candidate. Historic and rare residential income property offers unique opportunities with five separate units: 3 residential and 2 commercial. Two buildings: one stand-alone studio; one 4-unit bldg with two 1-bedroom units and two commercial units. Zoned Coastal Village Commercial Residential, the complex is convenient to town and trails. Separate shed, ample parking, storage under buildings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 15,002 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 5.0 | 3.0 | 67% |
| Square foot | 2,430 | 2,430 | 50% |
| Lot Size | 15,002 | 15,002 | 50% |
| Price | $985.0K | $1.17M | 33% |
| Price per sq ft | $405 | $846 | 33% |
| Built year | 1920 | 1960 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 238 | 238 | 67% |
Pricing History
Listed for Sale
Jul 12, 2025
$985,000
Initial Listing