2022 4th Street, San Rafael, CA 94901, San Rafael, 94901 - 0 bed, 0 bath
Loading property details...
San Rafael, CA 94901
This Mixed-Use Duplex presents a Prime Investment Opportunity with a List Price of $1,395,000—positioned well below the $1,441,120 Fair Market Value by 3%. This valuation gap offers $46,120 in Instant Equity. Featuring a Condition Rating of 4, the property includes a tenant-occupied dental office and a 1,749 sqft penthouse with a scenic sunroom balcony. With six dedicated parking spaces and high-traffic visibility, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey live-work solution in Marin County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2022 4th Street Subject | $1,395,000* List Price | 0 | 0 | 3,240 | $444 | - |
A 46 Martens Boulevard Sold | $1,085,000 | 0 | 0 | 2,218 | $489 | 1.0 mi |
B 1836 5Th Ave Active | $1,510,000 List Price | 0 | 0 | 2,833 | $533 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the building has been significantly modernized from its 1922 origin, the interior finishes and architectural style suggest the last major renovation was over 20 years ago. The dental office and kitchen/lab areas feature dated cabinetry and drop ceilings. Although systems like HVAC are functional and the space is well-maintained, it requires cosmetic updates to move out of the 'dated' category.
The property features a unique combination of a tenant-occupied, ADA-compliant dental office and a spacious 1,749 sqft residential penthouse, offering diverse income streams or live-work flexibility.
Located on the high-traffic Miracle Mile corridor, the property benefits from exceptional street exposure and proximity to both downtown San Rafael and San Anselmo.
Rare for this area, the property includes six dedicated parking spaces and a fully ADA-compliant lower suite, significantly increasing its value for medical or professional use.
Its location on a major commercial thoroughfare ensures visibility but may result in higher ambient noise levels for the upper-level residential unit.
Originally built in 1922, the property may necessitate more frequent maintenance or structural oversight compared to modern builds, despite its well-maintained appearance.
Exceptional mixed-use opportunity in one of San Rafael's most visible commercial corridors, Miracle Mile. Located on high-traffic 4th Street just minutes from downtown San Rafael and San Anselmo, this unique property offers 3,240 square feet of combined commercial and residential space. The lower commercial suite consists of a tenant occupied fully ADA-compliant dental office featuring a welcoming reception area, three operating rooms, kitchen/lab space, entry deck, six dedicated parking spaces, full HVAC, and excellent street visibility. Above, the spacious 1,749 square foot residential penthouse-style home offers 2 bedrooms, 2 bathrooms, vaulted ceilings with an abundance of natural light, a sunroom balcony with scenic views, and a flexible formal dining room or den. Separate utility meters enhance ownership flexibility. Ideal for investors seeking long-term upside, medical professionals looking for a turnkey practice location, or owner-users desiring the convenience of living and working in the same property. Close to downtown amenities, restaurants, shopping, and major commute routes this is a rare opportunity to own a one-of-a-kind mixed-use property in the heart of Marin County.
No exterior & parking available.
No sensitive facilities data found.
Jun 9, 2026
$1,395,000
Initial Listing