
San Rafael, CA 94901
This Turnkey Residential Income Duplex is a High-Potential Investment Opportunity, listed at $1,095,000—positioned well below the $1,275,672 Fair Market Value by 14%. This significant valuation gap offers $180,672 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating with modernized kitchens and private valley views, the property generates immediate cash flow from market-rate tenants. Located on a quiet cul-de-sac near Sun Valley Elementary, it is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
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.
While originally built in 1961, the interior shows evidence of a comprehensive renovation within the last 5 years. The kitchen is fully modernized with contemporary flat-panel cabinetry, stone countertops, and stainless steel appliances. The unit features new luxury vinyl plank flooring, fresh paint, and updated carpeting, meeting the criteria for mint condition with no immediate maintenance required.
Situated on a quiet cul-de-sac in Northern San Rafael, the property offers a peaceful residential setting within walking distance to Sun Valley Elementary and close proximity to downtown and Highway 101.
Both units are currently occupied by tenants paying near market-rate rents who wish to remain, providing a turnkey opportunity for investors with immediate cash flow.
Each 2-bedroom unit includes modern kitchens, fireplaces, dedicated laundry, and private outdoor spaces, with the upper unit offering scenic views of the San Rafael valley.
The property was recently sold within the past year on 2025-07-25. The sold price is $950,000.00.
Built in 1961, the property may require updates to major systems such as plumbing or electrical to meet modern standards and prevent long-term maintenance issues.
With only one garage space per unit, the property may face parking constraints for multi-vehicle households, which is a common drawback for suburban duplexes.
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 | 3.0 | 33% |
| Baths | 0.0 | 2.0 | 33% |
| Square foot | 1,960 | 1,876 | 67% |
| Lot Size | 7,000 | 7,200 | 33% |
| Price | $1.09M | $995.0K | 67% |
| Price per sq ft | $559 | $0 | 67% |
| Built year | 1961 | 1952 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 295 | 33% |
Apr 13, 2026
$1,095,000
Initial Listing
Jul 25, 2025
$950,000
Public Record
Jan 5, 1999
$391,000
Public Record