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215 Picnic Avenue, San Rafael, CA 94901, San Rafael, 94901 - 7 bed, 4 bath

215 Picnic Avenue, San Rafael, CA 94901 home-pic-0
ACTIVE$2,000,000/sqft
215 Picnic Avenue, San Rafael, CA 94901
7Beds
4Baths
Sqft
10,075Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Investment Potential: This expansive fourplex offers a significant income-generating opportunity, explicitly highlighted as having 'great investment potential'.
Top Cons:
Undisclosed Property Condition: The description lacks specific details regarding the building's age, recent renovations, or system updates, which may imply potential for deferred maintenance or necessary capital expenditures.

Compared to the nearby listings

Price:$2.00M vs avg $1.15M (+$852,500)75%
Size: sqft vs avg 980 sqft50%
Price/sqft:$0 vs avg $24250%

More Insights

Condition: This fourplex shows signs of being aged, with varying levels of updates across its units. While generally maintained and functional, many kitchens and bathrooms feature outdated styles, cabinetry, countertops, and appliances (e.g., mint green cabinets, red laminate counters, older white appliances, basic tub/shower combos). Some units have received minor updates like stainless steel appliances or newer vanities, but these are piecemeal and do not constitute a full recent renovation. Flooring is a mix of carpet, tile, and older wood styles. The exposed wood beam ceilings are a period feature. Overall, the property is livable but requires significant cosmetic updates to meet modern standards and appeal, aligning with the 'fair' condition criteria.
Year Built
Close
-
List price
$2M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
325038743
Home ConditionFair
Features
Good View:
Deck
Patio
View-

About this home

Welcome to 215 Picnic Ave, San Rafael. This expansive fourplexis about 3,200 square feet of living space in 4 units The residence is perched in a prime location that affordsbay views from multiple units and an open spacious feeling for everyone. Thefloor plans allows for easy flow between spaces, making it ideal for entertaining or simply enjoying a quiet evening at home. Natural light streams in through numerous windows, creating a warm and inviting atmosphere throughout. San Rafael is a vibrant community teeming with amenities. Proximity to shopping centers, restaurants, parks, and recreational facilities makes everyday living enjoyable. The city's rich cultural scene includes art galleries, theaters and music venues for your entertainment pleasure. Outdoor enthusiasts will have access to nearby hiking trails and waterways where you can enjoy activities such as boating or fishing. Excellent schools are in walking distance Easily accessible public transportation options provide convenient commute opportunities while proximity to major roadways ensures easy navigation around town or out-of-town trips. This property offers an exceptional opportunity to own a piece of San Rafael real estate that combines comfortable living with great investment potential!

M
Matthew Lodge
Listing Agent

Nearby schools

7/10
Laurel Dell Elementary School
Public,•K-5•0.1mi
7/10
Anthony G. Bacich Elementary School
Public,•K-4•1.0mi
5/10
Coleman Elementary School
Public,•K-5•1.1mi
5/10
James B. Davidson Middle School
Public,•6-8•0.1mi
7/10
Adaline E. Kent Middle School
Public,•5-8•1.4mi
5/10
San Rafael High School
Public,•9-12•0.9mi
8/10
Redwood High School
Public,•9-12•1.8mi
6/10
Terra Linda High School
Public,•9-12•2.7mi
Condition Rating
Fair
This fourplex shows signs of being aged, with varying levels of updates across its units. While generally maintained and functional, many kitchens and bathrooms feature outdated styles, cabinetry, countertops, and appliances (e.g., mint green cabinets, red laminate counters, older white appliances, basic tub/shower combos). Some units have received minor updates like stainless steel appliances or newer vanities, but these are piecemeal and do not constitute a full recent renovation. Flooring is a mix of carpet, tile, and older wood styles. The exposed wood beam ceilings are a period feature. Overall, the property is livable but requires significant cosmetic updates to meet modern standards and appeal, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Investment Potential: This expansive fourplex offers a significant income-generating opportunity, explicitly highlighted as having 'great investment potential'.
Prime Location with Bay Views: Perched in a prime location, the property affords desirable bay views from multiple units, enhancing its appeal and value.
Abundant Community Amenities: Situated in a vibrant community with proximity to shopping, restaurants, parks, cultural venues, hiking trails, and waterways, offering a rich lifestyle.
Excellent School Access: The property benefits from excellent, highly-rated schools within walking distance, a strong draw for families.
Superior Accessibility & Commute: Offers convenient commute opportunities due to easily accessible public transportation and proximity to major roadways.

Cons

Undisclosed Property Condition: The description lacks specific details regarding the building's age, recent renovations, or system updates, which may imply potential for deferred maintenance or necessary capital expenditures.
Unspecified Unit Amenities: There is no mention of individual unit-level amenities such as private outdoor spaces (balconies/patios) or in-unit laundry, which can be key features for attracting and retaining tenants.
Parking Details Absent: The listing does not specify dedicated parking arrangements for the four units, which could present a practical challenge for residents in a multi-unit property.
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