
San Rafael, CA 94901
This Turnkey Income-Generating Condominium is listed at $425,000, representing a stable entry into the San Rafael market relative to its $378,385 Fair Market Value. Boasting a Condition Rating of 3, the interior features a modernized kitchen with shaker-style cabinetry and consistent wood-look laminate flooring. As an upper end-unit, the residence offers superior privacy and views of distant hills. With a reliable tenant family in place, a community pool, and proximity to Bahia Vista Elementary, this asset provides immediate cash-flow potential. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 207 Bahia Place Subject | $425,000* List Price | 2 | 1 | 840 | $450 | - |
A 163 Bahia Circle Sold | $397,000 | 2 | 1 | 903 | $440 | 0.1 mi |
B 155 Canal Street 3 Sold | $362,000 | 2 | 2 | 958 | $378 | 0.1 mi |
C 401 Bahia Way Sold | $435,000 List Price | 2 | 1 | 810 | 0.1 mi | |
D 490 Canal Street 6 Sold | $500,000 | 2 | 2 | 1,008 | $496 | 0.6 mi |
E 14 Fairfax Street Sold | $350,000 | 2 | 2 | 822 | $426 | 0.2 mi |
F 425 Bahia Way Active Under Contract | $415,000 List Price | 2 | 1 | 810 | $512 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates, including a modernized kitchen with shaker-style cabinetry and stone countertops, as well as consistent wood-look laminate flooring throughout. While the 1972 build is still evident in the popcorn ceilings and older bathroom shower tile, the unit is well-maintained with functional systems and no immediate need for renovation.
As an upper end-unit, this property offers superior privacy and increased natural light compared to interior units, making the living space feel more open and bright.
The unit is currently occupied by a reliable tenant family who wishes to stay, providing an immediate and seamless cash-flow opportunity for real estate investors.
The property includes two dedicated parking spaces (one covered) and access to community amenities including a pool and play areas, which adds significant value in the San Rafael market.
The HOA dues are relatively high at $689 per month, and the necessity of included flood insurance indicates the property is located in a designated flood zone.
The lack of in-unit laundry—with shared machines located in the carport area—may be a drawback for modern buyers seeking maximum convenience.
Light and bright 2-bedroom, 1-bath upper end-unit located in desirable Southern San Rafael. This updated home is surrounded by beautifully maintained common area lawns, play areas, and a nearby community pool. The unit is currently tenant-occupied by a wonderful family who would love to remain. Parking includes one covered carport space plus one additional driveway space. Shared washer and dryer are conveniently located in the carport area. Flood insurance is included in the HOA dues.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 42% |
| Square foot | 840 | 983 | 33% |
| Lot Size | 1,899 | 1,796.5 | 50% |
| Price | $425.0K | $451.0K | 50% |
| Price per sq ft | $506 | $469 | 58% |
| Built year | 1972 | 1963 | 58% |
| HOA | $689 | $631 | 58% |
| Days on market | 135 | 188 | 33% |
Dec 8, 2025
$425,000
Initial Listing
Feb 8, 2022
$386,000
Public Record