338 Paloma Avenue, San Rafael, CA 94901, San Rafael, 94901 - 4 bed, 3 bath

338 Paloma Avenue
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 338 Paloma Avenue, San Rafael, CA 94901 is currently available with a list price of $1,125,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Rafael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1927 home is move-in ready and well-maintained, featuring a kitchen with contemporary cabinetry and modern system upgrades including solar panels and air conditioning. The property blends classic charm with functional updates, such as the flexible lower-level suite with a kitchenette and updated flooring, indicating significant maintenance and periodic renovations that keep major systems within their expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Living Arrangements
The lower level features a private entrance, kitchenette, and full bath, providing an ideal setup for an au pair suite, multi-generational living, or potential rental income.
- Prime Location
Tucked away on a quiet cul-de-sac in the Lincoln/San Rafael Hill neighborhood, the home is just blocks from downtown amenities, Dominican University, and major transit links.
- Modern Efficiency Upgrades
Despite its 1927 charm, the property is equipped with modern solar panels and air conditioning, offering significant energy savings and climate comfort.
CONSRISKS & DEFICIENCIES
- Limited Covered Parking
With only a one-car garage for a four-bedroom residence, larger households may find the covered parking and storage options restrictive.
- Vintage Home Maintenance
Built in 1927, the property may require ongoing specialized maintenance and updates common to homes of this era to preserve its structural integrity and systems.
About 338 Paloma Avenue
Tucked at the end of a tree-lined cul-de-sac in San Rafael's Lincoln/San Rafael Hill neighborhood, this spacious 1927 home combines classic charm with modern versatility. The main level features three bedrooms and one-and-a-half baths, a generous kitchen with contemporary cabinetry, and an open dining/family area that connects effortlessly to the private yard space. Outside, enjoy the large yard with a patio, raised planting beds, and a roomy chicken coopperfect for hobby gardeners and relaxing evenings under the stars. The lower level offers remarkable flexibility with a spacious family or media room ideal for a teen hangout, TV area, or office. A fourth bedroom with a private entrance, its own living space, kitchenette, and full bath with claw-foot tub makes for excellent guest, in-law, or au pair quarters. Additional highlights include solar panels, air conditioning, a one-car garage with abundant storage, and extra parking for two more cars. Ideally located just blocks from vibrant downtown San Rafael, with its restaurants, coffee shops, breweries, wine bars, boutiques, and the seasonal Farmers Market. Nearby are Dominican University, schools, parks, SMART Train, and Highway 101only 13 miles to the Golden Gate Bridge. Don't miss out on this great opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 5,776 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,400 | 2,078 | 67% |
| Lot Size | 5,776 | 8,050 | 25% |
| Price | $1.12M | $1.43M | 27% |
| Price per sq ft | $469 | $738 | 8% |
| Built year | 1927 | 1956 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 178 | 10% |
Pricing History
Listed for Sale
Jan 22, 2026
$1,125,000
$1,195,000
-6% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$1,195,000
Initial Listing
Sold
Sep 3, 2020
$1,100,000
Public Record
Sold
Mar 22, 2005
$708,000
Public Record






























