1547 4th Street #A, San Rafael, CA 94901, San Rafael, 94901 - 2 bed, 1 bath
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San Rafael, CA 94901
This mixed-use property presents a Strong Value Opportunity with a List Price of $999,000—positioned well below the $1,056,021 Fair Market Value by 5%. This valuation gap offers $57,021 in Instant Equity. Featuring a Fair Condition Rating (4), the 1893 structure requires cosmetic modernization but offers immediate Dual Income Potential via its ADA-compliant commercial space and residential unit. This is a strategic Value-Add Asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a flexible live-work environment in a high-traffic location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1547 4th Street #A Subject | $999,000* List Price | 2 | 1 | 2,006 | $526 | - |
A 501 5th Avenue Sold | $1,127,000 | 4 | 2 | 2,001 | $563 | 0.9 mi |
B 105 Bayview Street Sold | $1,270,000 | 3 | 2 | 2,199 | $578 | 0.5 mi |
C 14 Marin Street Active | $925,000 List Price | 2 | 1 | 1,692 | $547 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1893, the property is significantly dated with interior finishes, carpeting, and lighting fixtures appearing over 20 years old. While the HVAC condenser unit is a newer system update and the commercial space is ADA compliant, the residential portion requires cosmetic modernization and likely system overhauls to address its age.
Situated on the vibrant West End of 4th Street, the property benefits from high foot and vehicle traffic, offering excellent commercial visibility and residential appeal.
The configuration of a residential apartment plus an ADA-compliant commercial space provides versatile revenue streams or a flexible live-work opportunity.
Rare for a downtown location, this site features ample parking and is already ADA compliant, significantly reducing the barrier to entry for new commercial tenants.
Dating back to 1893, the property may require specialized maintenance and potential upgrades to aging systems to meet modern efficiency standards.
The property is currently tenant-occupied and requires a minimum 24-hour notice for showings, which may limit accessibility for urgent or spontaneous buyer tours.
This awesome location on the WEST END of 4th Street in San Rafael. Consists of one two story building, tenant occupied Apartment plus a Commercial Space on main level. ADA compliant and ready for new tenant. Lots of foot and car traffic. Ample parking. Great light throughout with the building. Tenants on-site, requires 24 hr plus notice. Pictures of Apt A, took when vacant. Very cool opportunity. Creative and awesome vibes on this end of 4th Street.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 2,006 | - |
| Lot Size | 5,001 | - |
| Price | $999.0K | $1.54M |
| Price per sq ft | $498 | $784 |
| Built year | 1893 | 0 |
| HOA | $0 | $0 |
| Days on market | 64 | 36 |
May 19, 2026
$999,000
Initial Listing
Apr 7, 1999
$128,000
Public Record