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

242 D Street
San Rafael, CA 94901
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 242 D Street Subject | $999,000* List Price | 3 | 2 | 2,210 | $437 | - |
A 234 C Street Sold | $1,025,000 | 2 | 2 | 2,339 | $438 | 0.1 mi |
B 105 Bayview Street Sold | $1,270,000 | 3 | 2 | 2,199 | $578 | 0.2 mi |
C 531 C Street Sold | $1,000,000 | 3 | 2 | 2,177 | $459 | 0.3 mi |
D 9 Frances Street Sold | $775,000 | 3 | 2 | 1,813 | $427 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Sun Valley Elementary School
Grades K-5 • 1.7 mi
James B. Davidson Middle School
Grades 6-8 • 0.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,210 | 2,078 | 57% |
| Lot Size | 4,800 | 8,050 | 15% |
| Price | $999.0K | $1.43M | 15% |
| Price per sq ft | $452 | $738 | 8% |
| Built year | 1926 | 1956 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 178 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$999,000
Initial Listing

















