
San Rafael, CA 94901
This Entry-Level Condominium Asset is listed at $289,000, positioned accurately alongside its $286,717 Fair Market Value. Featuring a Condition Rating of 4, the unit provides a functional, move-in-ready interior with laminate flooring and crown molding, while offering clear value-add potential through future kitchen and bathroom modernization. Located in a central San Rafael corridor, the property benefits from high rental demand and upper-level privacy. This acquisition represents a rare opportunity for Buy-and-Hold Investors or first-time buyers to secure a sub-$300k asset in the competitive Marin County market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Fairfax Street #E Subject | $289,000* List Price | 1 | 1 | 646 | $444 | - |
A 18 Fairfax Street D Sold | $293,000 | 1 | 1 | 663 | $442 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1963 and shows as a dated unit. While it features some cosmetic updates like laminate flooring and crown molding, the kitchen contains older cabinetry and countertops that likely exceed 20 years in age. It is functional and move-in ready for a budget buyer but requires modernization of the kitchen and likely the bathroom to meet current standards.
Priced at $289,000, this property offers a rare entry-level opportunity into the Marin County real estate market, making it ideal for first-time buyers or investors.
The unit features modern laminate flooring and elegant crown molding, providing a polished and move-in-ready aesthetic that exceeds typical entry-level expectations.
As an upper-level unit, this residence offers increased privacy and quiet by eliminating overhead foot traffic, a significant advantage in multi-family living.
The association fee of $632 per month is relatively high compared to the purchase price, which may impact a buyer's monthly budget and overall borrowing power.
The lack of in-unit laundry hookups requires residents to use communal facilities, which is often viewed as a convenience drawback in the modern condominium market.
Affordable upper level one bedroom one bath unit. Laminate floors, crown molding and breakfast area in the kitchen. Laundry facilities in the complex.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 43% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 646 | 958 | 29% |
| Lot Size | 1,651 | 1,651 | 50% |
| Price | $289.0K | $310.0K | 29% |
| Price per sq ft | $447 | $442 | 57% |
| Built year | 1963 | 1963 | 50% |
| HOA | $632 | $632 | 50% |
| Days on market | 46 | 129 | 14% |
Apr 21, 2026
$289,000
Initial Listing
Oct 7, 2008
$158,500
Public Record
Jul 13, 2006
$80,318
Public Record
Dec 16, 2004
$245,000
Public Record
Oct 31, 1997
$50,000
Public Record