124 N San Pedro Road, San Rafael, CA 94903, San Rafael, 94903 - 2 bed, 2 bath
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San Rafael, CA 94903
This property presents a Strong Value Opportunity with a List Price of $750,000—positioned well below the $790,208 Fair Market Value by 5%. This valuation gap offers $40,208 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers significant potential for cosmetic modernization to enhance its 1949 architectural character. With a private pool, bonus loft, and prime location near the Civic Center, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 N San Pedro Road Subject | $750,000* List Price | 2 | 2 | 1,053 | $750 | - |
A 12 Vendola Drive Sold | $955,000 | 3 | 2 | 1,224 | $780 | 0.8 mi |
B 32 Jefferson Avenue Sold | $750,000 | 2 | 1 | 828 | $906 | 0.2 mi |
C 103 Corrillo Drive Sold | $922,000 | 3 | 1 | 1,073 | $859 | 0.8 mi |
D 4 Las Huertas Court Sold | $862,000 | 3 | 1 | 1,124 | $767 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the property is functional but dated, with interior finishes (tile, wood trim, and paint) and exterior decking suggesting the last major updates were over 20 years ago. While it features some newer elements like recessed lighting and stainless appliances, it requires cosmetic modernization and likely system updates to meet current standards.
Ideally situated within walking distance to the Civic Center, Farmer's Market, and Lagoon Park, offering residents exceptional access to outdoor recreation and local amenities.
The property features a private yard with a swimming pool and garden, providing a rare and desirable outdoor retreat for relaxation and summer entertaining.
The home boasts unique charm with high ceilings, skylights, and timeless wood details, complemented by a versatile bonus loft that adds functional vertical space.
At just 1,053 square feet, the interior living space may feel restrictive for growing families or those requiring a dedicated home office.
Built in 1949, the home may require updates to its original systems or structural components to meet modern energy efficiency and building standards.
Don't miss this charming 2-bedroom, 1.5-bath home filled with character and timeless wood details throughout. The inviting living room features high ceilings and a skylight that create a bright, open feel, plus a bonus loft for an additional sleeping area or storage. Enjoy the convenience of a 1-car garage, plus an additional enclosed carport. Step outside and enjoy the garden and pool in your private yard, just in time for summer. Ideally located with easy access to the main highway for an easy commute and everyday convenience. Within walking distance to the Farmer's Market, the Civic Center and its Lagoon Park, hiking trails, bicycle paths and more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,053 | 1,745 | 5% |
| Lot Size | 6,050 | 7,601 | 17% |
| Price | $750.0K | $1.30M | 11% |
| Price per sq ft | $712 | $744 | 45% |
| Built year | 1949 | 1959 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 202 | 2% |
May 14, 2026
$750,000
Initial Listing
Dec 9, 2014
$610,000
Public Record
Jul 16, 1996
$229,000
Public Record