29 Leafwood Circle, San Rafael, CA 94901, San Rafael, 94901 - 0 bed, 0 bath
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San Rafael, CA 94901
This Modernized Residential Income Duplex is a Prime Investment Opportunity, listed at $1,095,000—positioned well below the $1,275,672 Fair Market Value by 14%. This valuation gap provides $180,672 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the property features extensive renovations including stone countertops, stainless appliances, and luxury vinyl flooring. With private patios offering San Rafael valley views and proximity to Sun Valley Elementary, this asset balances high-end lifestyle perks with immediate rental stability. It is an exceptional acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a turnkey, cash-flowing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29 Leafwood Circle Subject | $1,095,000* List Price | 0 | 0 | 1,960 | $651 | - |
A 1851 2nd Street Active | $1,250,000 List Price | 0 | 4 | 2,098 | $596 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the property has undergone an extensive recent renovation. The interior features modern kitchens with new stainless steel appliances, stone countertops, and contemporary flat-panel cabinetry. The living areas are updated with new luxury vinyl plank flooring, fresh paint, and updated light fixtures, while the bedrooms feature new carpeting. The overall condition is move-in ready with high-quality finishes that meet current market standards.
Both units are currently tenant-occupied at or near market rates with tenants expressing a desire to stay, providing immediate cash flow and stability for an investor.
Situated on a quiet cul-de-sac near Sun Valley Elementary and Downtown San Rafael, the property offers a highly desirable residential setting with easy access to Highway 101.
Each unit features modern kitchens, private outdoor spaces, dedicated laundry, and individual garage parking, which are premium features that drive high tenant retention.
The property was recently sold within the past year on 2025-07-25. The sold price is $950,000.00.
Full occupancy by tenants who wish to remain may pose a challenge for owner-occupiers looking to move into one of the units in the near term.
Built in 1961, the property may require ongoing maintenance or future capital improvements to its core systems despite the modern interior updates.
29 Leafwood is a lovely duplex nestled in a quiet cul de sac in Northern San Rafael. 1960 Sq Ft structure on a 7000 Sq Ft lot has 1 to 1 garage parking and dedicated laundry for each unit. Upper and lower units are 2 bed 1.5 bath with modern kitchen, fire place, and private out door area. Lower unit has ground floor patio and upper unit has private patio with views of the San Rafael valley. Each unit is tenant occupied paying at or near market rate rents, and would like to stay. Home is situated in a quiet valley close to Sun Valley Elementary, Downtown San Rafael, and a few minutes to 101 and the bay area at large. Call for appointment to view today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 20% |
| Baths | 0.0 | 2.0 | 20% |
| Square foot | 1,960 | 1,842 | 80% |
| Lot Size | 7,000 | 7,200 | 20% |
| Price | $1.09M | $1.09M | 50% |
| Price per sq ft | $559 | $559 | 50% |
| Built year | 1961 | 1924 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 269 | 20% |
Apr 13, 2026
$1,095,000
Initial Listing
Jul 25, 2025
$950,000
Public Record
Jan 5, 1999
$391,000
Public Record