
San Rafael, CA 94901
This Duplex Residential Income property represents a High-Potential Investment Opportunity, listed at $1,299,500—positioned above the $1,124,275 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3, featuring modern updates and a private deck in a prime downtown location. The versatile 2BR/1BA and 3BR/2BA configuration provides immediate rental income potential or flexible multi-generational living. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, income-generating property in the heart of San Rafael.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27 Latham Street Subject 0 bd · 0 ba · 2,080 sqft · $541 | $1,299,500* List Price | 0 | 0 | 2,080 | $541 | - |
A 46 Martens Boulevard Sold 0 bd · 0 ba · 2,218 sqft · $489 · 0.5 mi | $1,085,000 | 0 | 0 | 2,218 | $489 | 0.5 mi |
B 1851 2nd Street Active 0 bd · 4 ba · 2,098 sqft · $596 · 0.2 mi | $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.
Despite the 1900 original build date, the property has been well-maintained and updated. The kitchen features stainless steel appliances and shaker-style cabinetry consistent with a 10-15 year old renovation. Bathrooms are functional and modernized, and the presence of ceiling vents suggests updated HVAC systems. The home is move-in ready and shows no signs of major deferred maintenance.
Situated just blocks from San Rafael's vibrant 4th Street, the property offers exceptional walkability to premium 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, multi-generational living, or owner-occupancy.
The inclusion of a beautiful, peaceful garden offers a rare urban retreat for relaxation and entertaining, adding significant lifestyle value in a central location.
Originally built in 1900, the property may require significant ongoing investment to maintain or modernize aging infrastructure and structural components typical of century-old homes.
The 4,400 sqft lot size is relatively compact for two separate dwellings, which may limit privacy between units and restrict options for future expansion or additional parking.
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 |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,080 | 3,704.667 |
| Lot Size | 4,400 | 6,959.333 |
| Price | $1.30M | $1.38M |
| Price per sq ft | $625 | $372 |
| Built year | 1900 | 1942 |
| HOA | $0 | $0 |
| Days on market | 5 | 58 |
Oct 19, 2026
$1,299,500
Initial Listing