
San Rafael, CA 94901
This Well-Maintained Triplex Asset is listed at $1,498,000, representing a stable investment opportunity aligned with its $1,415,907 Fair Market Value. Boasting a Good Condition Rating, the property features significant interior upgrades including luxury vinyl plank flooring, renovated kitchens with butcher block countertops, and private decking. The inclusion of three garage spaces and scenic downtown views provides a competitive edge for tenant retention in a prime location. With tenants paying all utilities, this low-overhead property is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 Prospect Dr Subject | $1,498,000* List Price | 0 | 0 | 3,256 | $435 | - |
A 102 F Street Active | $1,695,000 List Price | 4 | 4 | 3,022 | $561 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1954 triplex is in good condition, featuring significant interior updates that make it move-in ready. The units showcase modern luxury vinyl plank flooring, recessed lighting, and updated dual-pane windows. The kitchens have been tastefully renovated with contemporary white shaker cabinetry, butcher block countertops, subway tile backsplashes, and stainless steel appliances. While the property's age suggests older underlying infrastructure, the visible components, including the exterior siding and decking, appear well-maintained with minimal wear.
Situated in a quiet neighborhood just north of downtown San Rafael, the property offers a perfect balance of residential tranquility with immediate access to Highway 101 and public transportation.
The property is fully occupied with tenants paying all of their own utilities, significantly simplifying management and protecting the owner's net operating income.
Unlike many multi-unit properties in the area, this triplex includes three dedicated garage spaces and offers attractive views of downtown San Rafael, enhancing tenant retention and value.
The largest unit (19A) contains four bedrooms but only one bathroom, which may limit the rental ceiling and appeal for larger households or professional roommates.
Built in 1954, the property may require more frequent maintenance or future capital expenditures on major systems compared to newer residential income assets.
Fantastic, well maintained triplex just north of downtown San Rafael! Great location tucked into a quiet neighborhood just off Lincoln Ave with beautiful views and easy access to the 101 and public transportation. This triplex is comprised of 2 buildings; the front building with 3 garage spaces at street level and unit 17, a 2 bedroom/1 bathroom unit, over the garages and rear building comprised of units 19A, a 4 bedroom/1 bath unit and 19B, a 1 bedroom/1 bathroom unit . Tenants pay all of their own utilities, and all units are currently rented. This building is easy peasy and just a short distance to all things San Rafael. Views: Downtown
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 20% |
| Baths | 0.0 | 2.0 | 20% |
| Square foot | 3,256 | 1,842 | 80% |
| Lot Size | 6,915 | 7,200 | 20% |
| Price | $1.50M | $1.09M | 80% |
| Price per sq ft | $460 | $460 | 50% |
| Built year | 1954 | 1924 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 217 | 269 | 20% |
Sep 17, 2025
$1,498,000
Initial Listing
Jul 28, 2005
$998,500
Public Record
Oct 1, 1998
$382,501
Public Record