155 Canal St 12, San Rafael, CA 94901, San Rafael, 94901 - 2 bed, 1 bath
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San Rafael, CA 94901
This condo presents a High-Potential Investment Opportunity with a List Price of $389,900—positioned well above the $368,570 Fair Market Value by -5%. While the property requires modernization due to its Condition Rating of 4, the open-concept layout, private deck, and community pool provide strong rental appeal. The unit offers a functional floor plan in a gated community, making it a stable asset for those seeking value-add potential. This residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to enter the San Rafael market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 155 Canal St 12 Subject | $379,900* List Price | 2 | 1 | 1,039 | $336 | - |
A 177 Canal Street 10 Sold | $310,000 | 2 | 2 | 1,032 | $300 | 0.0 mi |
B 155 Canal Street 3 Sold | $362,000 | 2 | 2 | 958 | $378 | 0.0 mi |
C 199 Canal Street 6 Active | $415,000 List Price | 2 | 1 | 908 | $457 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this condo features a kitchen and interior finishes that appear to be over 20 years old. The kitchen contains dated tile countertops, older black appliances including a coil-top electric stove, and aged cabinetry. While the unit is functional and well-maintained, it requires cosmetic updates and modernization of systems to move beyond its current dated condition.
Priced competitively under $400,000 in San Rafael, this property represents a rare entry-level opportunity for first-time buyers or investors seeking strong rental income potential.
The gated community offers premium features including a swimming pool, assigned garage parking, and a private storage room, providing both security and lifestyle convenience.
The 1,039 sqft floor plan features a bright, airy flow with a private deck, offering a spacious feel and essential outdoor living space rarely found at this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1320, other record lot size in square feet = 1440.
The $570 monthly HOA fee is significant relative to the listing price, which may impact the overall monthly affordability and debt-to-income ratio for some buyers.
Built in 1962, the property may require modernization, and the single-bathroom configuration for a two-bedroom unit can be a drawback for families or co-living arrangements.
Welcome to 155 Canal St, a beautiful condo located in a desirable private gated community. This inviting home features a bright and airy open-concept floor plan with 2 spacious bedrooms and 1 full bathroom, offering both comfort and functionality. Step outside to your private deck, the perfect place to relax with your morning coffee or unwind after a long day. During the warmer months, take advantage of the community pool and enjoy fun-filled summer days just steps from your home. Additional features include one assigned garage parking space and a private storage room for added convenience. Ideally situated close to shopping, restaurants, public transportation, and everyday amenities, this condo offers the perfect blend of comfort and convenience. Whether you're looking for your next home or an investment property, this residence presents great rental income possibilities in a highly desirable community.
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 | 1,039 | - |
| Lot Size | 1,320 | - |
| Price | $379.9K | $430.2K |
| Price per sq ft | $366 | $439 |
| Built year | 1962 | 0 |
| HOA | $570 | $0 |
| Days on market | 26 | 102 |
Jul 17, 2026
$379,900
$389,900
-3% Price Drop
Initial Listing
Jun 26, 2026
$389,900
Initial Listing
Sep 28, 2012
$145,000
Public Record
Jul 10, 2002
$229,000
Public Record
Oct 22, 2001
$200,000
Public Record
Sep 23, 1996
$79,000
Public Record