242 D Street, San Rafael, CA 94901, San Rafael, 94901 - 3 bed, 2 bath

242 D Street, San Rafael, CA 94901 home-pic-0

242 D Street

San Rafael, CA 94901

ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,210Sq Ft
4,800Lot Size

Property Price

LIST PRICE$999,000
EST. MARKET VALUE
$964,921
3% AboveMARKET VALUE

SUMMARY

Analysis of 242 D Street, San Rafael, CA 94901 reveals a property with a current list price of $999,000, which is 3% above the estimated $964,921 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.

Estimated Market Value

$964,921
Based on Realkey algorithm analyzing recent comparable sales in San Rafael.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
242 D Street
Subject
$999,000*
List Price
322,210$437-
A
234 C Street
Sold
$1,025,000222,339$4380.1 mi
B
105 Bayview Street
Sold
$1,270,000322,199$5780.2 mi
C
531 C Street
Sold
$1,000,000322,177$4590.3 mi
D
9 Frances Street
Sold
$775,000321,813$4270.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1926, this home is well-maintained and move-in ready but shows signs of age consistent with the 'fair' category. The kitchen features older tile countertops and dated cabinetry, while the bathroom retains vintage fixtures like a clawfoot tub and pedestal sink. While the appliances are stainless steel and the hardwood floors appear to be in good condition, the property lacks a recent comprehensive renovation, and the lower level is a semi-finished flex space rather than a fully modernized living area.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Middle School: Ross Elementary School (9/10).

  • Versatile Layout & Income Potential

    The property features a large downstairs flex space with potential for a second kitchen, offering excellent flexibility for a multi-generational setup or conversion into a two-unit rental building.

  • Prime Walkable Location

    Situated on a picturesque, tree-lined street, the home is just minutes away from downtown San Rafael's amenities, local parks, and highly-rated schools like Ross Elementary.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2210, other record living area = 1613.

  • Vintage Infrastructure

    Built in 1926, the home may require significant capital investment to modernize aging systems, such as plumbing, electrical, or foundation, typical of century-old properties.

  • Modest Lot Size

    The 4,800 square foot lot is relatively compact for a 2,210 square foot residence, which may limit privacy or future expansion possibilities compared to larger suburban parcels.

About 242 D Street

Welcome to 242 D Street, a charming, sun-drenched gem in the heart of San Rafael. Located on a picturesque street, this spacious two-level home offers 3 bedrooms, 2 bathrooms, and a large creative flex space downstairs. The kitchen flows out onto a huge sunny deck, perfect for dining el fresco, and steps that lead you down to the awesome level yard. Upstairs, the home is filled with bright natural light, thanks to an abundance of windows that maximize daylight throughout. The layout flows comfortably, creating inviting spaces for relaxing, entertaining, and everyday living that feels warm and connected. The downstairs layout also has the potential for creating a second living space with separate kitchen. Step outside to your own private, flat backyard; perfect for gardening, play, or relaxed outdoor gatherings. The property also includes a very functional carport/workshed and a extra storage shed in the back. D street is one of those extra charming tree lined streets in San Rafael, located just minutes walk to downtown San Rafael, local parks and great schools; and with quick access over Wolfe Grade to Kentfield and beyond. Move right in, create your dream home or explore making it into a two unit building for some rental income. This home has all the space and flexibility you need in an ideal neighborhood.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1926
Lot Size
4,800 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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 • 0.4 mi

7/10

Sun Valley Elementary School

Grades K-5 • 1.7 mi

8/10

James B. Davidson Middle School

Grades 6-8 • 0.3 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
49%
Square foot2,2102,078
57%
Lot Size4,8008,050
15%
Price$999.0K$1.43M
15%
Price per sq ft$452$738
8%
Built year19261956
12%
HOA$0$0
50%
Days on market8178
1%

Pricing History

Listed for Sale

Feb 27, 2026

$999,000

Initial Listing

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