1348 Grand Avenue, San Rafael, CA 94901, San Rafael, 94901 - 0 bed, 0 bath
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San Rafael, CA 94901
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,675,000—positioned well above the $1,549,714 Fair Market Value. While the property commands a premium, its Condition Rating of 3 reflects significant modern renovations, including updated kitchens and well-maintained exteriors. Featuring a versatile four-unit configuration, this property offers a rare "house hack" potential for Buy-and-Hold Investors or Owner-Occupants. With attached and detached garages and landscaped outdoor space, it provides a stable, income-generating foundation near downtown San Rafael.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1348 Grand Avenue Subject | $1,675,000* List Price | 0 | 0 | 2,733 | $567 | - |
A 17 Prospect Dr Active | $1,498,000 List Price | 0 | 0 | 3,256 | $460 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1883 original construction, the property has undergone significant renovations likely within the last 10-15 years. The kitchen features modern stainless steel appliances and updated cabinetry, and the exterior is well-maintained. While systems like radiator heating and window AC units reflect the building's age, the units appear functional and move-in ready.
The quadruplex configuration offers a versatile investment opportunity, allowing an owner to occupy one unit while generating significant rental income from the remaining three units.
Ideally situated near the prestigious Dominican neighborhood and downtown San Rafael, the property provides excellent proximity to shopping, dining, and major transit routes like Highway 101.
Built in 1883, the residence features timeless architectural charm paired with rare functional amenities including both an attached and detached garage, plus landscaped front and back yards.
Due to the property's 1883 construction date, it likely requires specialized upkeep and potential upgrades to aging systems or infrastructure common in century-old buildings.
With only two garage spaces available for a four-unit property, parking may be limited for tenants, potentially impacting the convenience and competitive appeal of the units.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 33% |
| Baths | 0.0 | 2.0 | 33% |
| Square foot | 2,733 | 1,876 | 67% |
| Lot Size | 5,502 | 7,200 | 33% |
| Price | $1.68M | $995.0K | 67% |
| Price per sq ft | $613 | $0 | 67% |
| Built year | 1883 | 1883 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 295 | 33% |
May 19, 2026
$1,675,000
Initial Listing
Dec 21, 2010
$750,000
Public Record
Jun 29, 2007
$1,198,000
Public Record
Feb 1, 2005
$1,050,000
Public Record
May 19, 2000
$625,000
Public Record