17 Prospect Dr, San Rafael, CA 94901, San Rafael, 94901 - bed, bath
17 Prospect Dr
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 17 Prospect Dr, San Rafael, CA 94901 is currently available with a list price of $1,498,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Rafael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1954, the property has undergone extensive recent renovations within the last 5 years. The interiors showcase modern wide-plank flooring, updated kitchens with white shaker cabinetry, butcher block countertops, and stainless steel appliances. The units feature updated recessed lighting, modern fixtures, and dual-pane windows, indicating that all major components have been modernized to meet current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is fully occupied with all units currently rented, providing a turnkey investment with immediate cash flow for the new owner.
- Low Operating Expenses
Tenants are responsible for all of their own utilities, which significantly reduces the landlord's overhead and simplifies property management.
- Prime Commuter Location
Located just north of downtown San Rafael with easy access to Highway 101 and public transportation, the property is ideally situated for high tenant demand.
CONSRISKS & DEFICIENCIES
- High Bedroom-to-Bathroom Ratio
The 4-bedroom unit only features a single bathroom, which may be a significant drawback for larger families or co-living arrangements and could limit future rent increases.
- Aging Infrastructure
Built in 1954, the property may require more frequent maintenance or capital expenditures for aging systems compared to more modern multi-family assets.
- Site Topography
The layout across two buildings with street-level garages and views suggests a sloped lot, which often involves stairs and may present accessibility challenges for some tenants.
About 17 Prospect Dr
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1954
- Lot Size
- 6,915 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 14% |
| Baths | - | 2.0 | 14% |
| Square foot | 3,256 | 1,842 | 86% |
| Lot Size | 6,915 | 7,050 | 43% |
| Price | $1.50M | $1.25M | 86% |
| Price per sq ft | $460 | $594 | 43% |
| Built year | 1954 | 1924 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 171 | 212 | 14% |
Pricing History
Listed for Sale
Sep 17, 2025
$1,498,000
Initial Listing
Sold
Jul 28, 2005
$998,500
Public Record
Sold
Oct 1, 1998
$382,501
Public Record