215 Picnic Avenue, San Rafael, CA 94901, San Rafael, 94901 - 7 bed, 4 bath
215 Picnic Avenue
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 215 Picnic Avenue, San Rafael, CA 94901 is currently available with a list price of $2,000,000. 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.
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 While generally maintained and functional, many kitchens and bathrooms feature outdated styles, cabinetry, countertops, and appliances (e.g., mint green cabinets, red laminate counters, older white appliances, basic tub/shower combos).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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 215 Picnic Avenue
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!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- -
- Lot Size
- 10,075 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Rafael Unified Schools
Laurel Dell Elementary School
Grades K-5 • 0.1 mi
Anthony G. Bacich Elementary School
Grades K-4 • 1.0 mi
Coleman Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 71% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | - | 1,790 | 29% |
| Lot Size | 10,075 | 7,270 | 71% |
| Price | $2.00M | $1.25M | 86% |
| Price per sq ft | $0 | $594 | 29% |
| Built year | - | 1868 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 309 | 223 | 86% |
Pricing History
Listed for Sale
May 2, 2025
$2,000,000
Initial Listing