310 Belle Avenue, San Rafael, CA 94901, San Rafael, 94901 - 0 bed, 0 bath
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310 Belle Avenue
San Rafael, CA 94901
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,312Sq Ft
6,290Lot Size
Property Price
LIST PRICE$1,490,000
EST. MARKET VALUE
$1,441,503
3% AboveMARKET VALUE
SUMMARY
This Triplex Residential Income property represents a High-Potential Investment Opportunity, listed at $1,490,000—positioned above the $1,441,503 Fair Market Value by 3%. While priced slightly above market, the property offers stability through its Fair Condition Rating and consistent rental demand near Dominican University. Key features include in-unit laundry, private outdoor areas, and two dedicated parking spaces per unit. This asset is ideal for Buy-and-Hold Investors seeking a well-maintained, centrally located rental portfolio or Owner-Occupants interested in house-hacking in a prime San Rafael location.
Estimated Market Value
$1,441,503
Based on Realkey algorithm analyzing recent comparable sales in San Rafael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 310 Belle Avenue Subject | $1,490,000* List Price | 0 | 0 | 3,312 | $435 | - |
A 31 Valencia Avenue Active | $1,399,000 List Price | 0 | 0 | 3,264 | $429 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977 (47 years old), the property is well-maintained but shows dated interior finishes, particularly in the bathrooms which feature older plastic surrounds and basic tiling. While the description notes recent updates like new water heaters, the overall aesthetic and visible wear on the exterior pavement suggest the property is in the 15-30 year renovation bracket, requiring cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated near downtown San Rafael and Dominican University, ensuring consistent rental demand from students, faculty, and local professionals.
- Superior Maintenance
Custom-built and meticulously cared for by the original family, the property features recent upgrades like new gas water heaters and mature, professional landscaping.
- High-Value Amenities
Each unit includes rare features for a triplex, such as in-unit laundry, private outdoor spaces, and two dedicated on-site parking spots, significantly enhancing tenant retention.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The 2-bedroom, 1-bathroom configuration may limit the property's ability to command top-tier rents compared to modern units that typically offer a second bathroom.
- Aging Infrastructure
Built in 1977, the property may soon require significant capital expenditures for long-term maintenance items like roofing or plumbing that are typical for its age.
About 310 Belle Avenue
Exceptionally well-maintained income property located close to downtown San Rafael shopping, services and Dominican University. Custom built by the owner's father and lovingly cared for and updated over the years. New gas water heaters were just installed. Each of the occupied units offers a well designed floorplan with just over 1,000 square feet of space per unit with two bedrooms, one bath and a convenient in-unit laundry and storage. Each has a private outdoor area and a spacious enclosed deck are for the upper unit. The surrounding grounds are beautifully landscaped with mature bushes and some fruit trees. Two on-site parking spaces per unit. A rare opportunity to own an attractive income property in a centrally located neighborhood.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1977
- Lot Size
- 6,290 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,312 | 3,240 |
| Lot Size | 6,290 | 4,299 |
| Price | $1.49M | $1.30M |
| Price per sq ft | $450 | $401 |
| Built year | 1977 | 1922 |
| HOA | $0 | $0 |
| Days on market | 6 | 83 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,490,000
Initial Listing