1851 2nd Street, San Rafael, CA 94901, San Rafael, 94901 - bed, 4 bath
1851 2nd Street
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 1851 2nd Street, San Rafael, CA 94901 is currently available with a list price of $1,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1935, this duplex is well-maintained but remains largely in a vintage state. The kitchens feature dated white appliances and older tile countertops, while the bathrooms utilize older fixtures and styles. Although the property appears functional and clean, the lack of recent modern renovations to major systems, flooring, and cabinetry places it in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the heart of San Rafael, the property offers exceptional walkability to downtown amenities, dining, and public transportation, ensuring consistent tenant demand and long-term investment appeal.
- Rare Ample Parking
The inclusion of significant parking space is a major competitive advantage in a high-density downtown area where parking is typically scarce, adding substantial value for both owners and tenants.
- Versatile Income Configuration
As a duplex featuring a 2-bedroom/2-bathroom unit and a 3-bedroom/2-bathroom unit, the property provides a flexible layout ideal for multi-generational living or maximizing rental yields.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1935, the property may require ongoing maintenance or capital expenditures to update aging systems such as plumbing and electrical to meet modern standards.
- Potential Cosmetic Refresh Required
The reliance on virtually decluttered photos suggests the interior may currently be dated or require cosmetic improvements to achieve top-of-market rental rates or resale value.
About 1851 2nd Street
Located in the heart of San Rafael, 1851 2nd Street offers an ideal blend of convenience and investment appeal. This centrally located property is just moments from downtown amenities, transportation, dining, and shopping making it highly desirable and easy to rent. A walkable neighborhood enhances everyday livability, while ample parking adds a major bonus rarely found in such a prime location. Whether you're seeking a low-maintenance investment or a property that benefits from consistent tenant demand, 1851 2nd Street checks all the boxes with its unbeatable location and practical appeal. Unit A is a ground floor unit with 2 bedrooms, 2 baths as well as a generous laundry & storage room. Unit B is a second floor unit with 3 bedrooms, 2 bathrooms, large dining room & living room with a beautiful fireplace. All photos have been virtually decluttered. Originals can be found at https://18512ndstreet.com/
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1935
- Lot Size
- 4,151 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 4 (4 Full, 0 Half)
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 | 4.0 | 3.0 | 71% |
| Square foot | 2,098 | 1,842 | 57% |
| Lot Size | 4,151 | 7,050 | 14% |
| Price | $1.25M | $1.25M | 50% |
| Price per sq ft | $596 | $596 | 50% |
| Built year | 1935 | 1924 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 212 | 14% |
Pricing History
Listed for Sale
Feb 9, 2026
$1,250,000
Initial Listing