
San Rafael, CA 94901
This Duplex Residential Income property represents a Strong Value Opportunity, listed at $1,400,000—positioned slightly above the $1,351,783 Fair Market Value. While the price reflects a premium, the Move-in Ready Condition and modern interior finishes minimize immediate capital expenditure. Featuring a 2BR/1BA and 3BR/2BA configuration with a private deck, this asset offers significant flexibility for rental income or multi-generational living. Its prime downtown location ensures high tenant demand, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27 Latham Street Subject | $1,400,000* List Price | 0 | 0 | 2,080 | $650 | - |
A 1851 2nd Street Active | $1,250,000 List Price | 0 | 4 | 2,098 | $596 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1900, the property has been significantly updated and is in move-in ready condition. The kitchen features modern stainless steel appliances, stone countertops, and shaker-style cabinetry consistent with a renovation in the 5-15 year range. The bathrooms and interior finishes are well-maintained, and the presence of ceiling vents suggests updated HVAC systems.
Situated just blocks from 4th Street, the property offers exceptional walkability to San Rafael's premier dining, shopping, and public transportation hubs.
The duplex configuration featuring a 2BR/1BA front unit and a 3BR/2BA back unit provides excellent flexibility for rental income, owner-occupancy, or multi-generational living.
The inclusion of a beautiful garden space offers a rare, peaceful retreat for relaxation and entertaining within a high-density urban setting.
Originally built in 1900, the property may require significant ongoing capital improvements and modernization of aging infrastructure typical of century-old structures.
With a 4,400 sqft lot accommodating two separate residences, outdoor space and potential on-site parking may feel constrained compared to single-family alternatives.
Located in the heart of downtown San Rafael, 27 Latham Street presents a rare duplex opportunity just blocks from the restaurants, shops, cafes, and conveniences of vibrant 4th Street. The property features two separate residences, offering flexibility for multi-generational living, rental income, or owner occupancy. The front home includes 2 bedrooms, 1 full bathroom, and a full kitchen, while the back home offers 3 bedrooms and 2 full bathrooms with a spacious layout. A beautiful garden creates a peaceful outdoor setting to relax or entertain, all in an unbeatable central San Rafael location near parks, transportation, and everyday amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 33% |
| Baths | 0.0 | 2.0 | 33% |
| Square foot | 2,080 | 1,876 | 67% |
| Lot Size | 4,400 | 7,200 | 33% |
| Price | $1.40M | $995.0K | 67% |
| Price per sq ft | $673 | $0 | 67% |
| Built year | 1900 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 295 | 33% |
May 27, 2026
$1,400,000
Initial Listing