
San Rafael, CA 94901
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned above the $842,218 Fair Market Value. While the property requires a comprehensive rehab due to its Condition Rating of 5, the Dual-Use Income Potential of the apartment and pottery studio provides immediate cash flow. The Prime West End Location and Ample Parking offer significant long-term value-add potential for the right buyer. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors capable of modernizing this historic 1893 structure.
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 | 0 | 0 | 2,006 | $420 | - |
A 501 5th Avenue Sold | $1,127,000 | 4 | 2 | 2,001 | $563 | 0.9 mi |
B 234 C Street Sold | $1,025,000 | 2 | 2 | 2,339 | $438 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1893 with no evidence of major recent renovations. The interior shows significant age with dated institutional-style bathrooms, worn carpeting, and aging plaster walls. While the exterior HVAC unit appears functional, the residential portion requires a comprehensive rehab to address the 30+ year old finishes and bring it up to modern standards.
Situated in the highly desirable West End of 4th Street, the property offers exceptional walkability and a vibrant urban atmosphere that appeals to both residents and businesses.
The unique configuration of a residential apartment paired with a main-level pottery studio provides immediate rental income and versatile options for owner-users or investors.
The building features excellent interior light throughout and includes ample parking, which is a rare and significant value-add for a property in a dense downtown area.
Built in 1893, the property may require significant ongoing maintenance and potential upgrades to aging systems typical of century-old structures.
Current occupancy by multiple tenants requires a minimum 24-hour notice for showings and may delay immediate possession for buyers looking to occupy the space themselves.
This awesome location on the WEST END of 4th Street in San Rafael. Consists of one two story building, tenant occupied with Apartment plus a Pottery Studio on main level. 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 with tenants in place. walking distance and awesome vibe on this end of 4th Street.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 1% |
| Baths | 0.0 | 3.0 | 1% |
| Square foot | 2,006 | 2,188 | 43% |
| Lot Size | 5,001 | 8,287 | 18% |
| Price | $999.0K | $1.39M | 19% |
| Price per sq ft | $498 | $648 | 22% |
| Built year | 1893 | 1955 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 188 | 1% |
May 19, 2026
$999,000
Initial Listing
Apr 7, 1999
$128,000
Public Record