38 Bret Avenue, San Rafael, CA 94901, San Rafael, 94901 - 3 bed, 3 bath
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San Rafael, CA 94901
This Dual-Unit Residential Property represents a Strong Value Opportunity, listed at $1,275,000—positioned well below the $1,335,967 Fair Market Value by 4%. This valuation gap offers $60,967 in Instant Equity. Featuring a Condition Rating of 3, the home includes a detached ADU and modern kitchen upgrades. Located near top-rated schools like Laurel Dell Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38 Bret Avenue Subject | $1,275,000* List Price | 3 | 3 | 2,244 | $595 | - |
A 81 Rose Street Sold | $1,400,000 | 5 | 3 | 1,941 | $721 | 0.4 mi |
B 141 Irwin Street Sold | $1,410,000 | 3 | 2 | 1,958 | $720 | 0.4 mi |
C 10 Hazel Court Sold | $995,000 | 3 | 2 | 1,629 | $611 | 0.3 mi |
D 501 5th Avenue Sold | $1,127,000 | 4 | 2 | 2,001 | $563 | 0.7 mi |
E 46 Martens Boulevard Active | $1,099,000 List Price | 5 | 3 | 2,218 | $495 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1948 build date, the property has undergone significant renovations likely within the last 10-15 years. The kitchen features updated white cabinetry and stainless steel appliances, and the interior shows well-maintained hardwood flooring and clean paint, making both the main house and ADU move-in ready.
The property features a main 3-bedroom residence plus a detached ADU with its own kitchen and bath, providing exceptional flexibility for multi-generational living or a private home office.
With two separate homes on one lot, owners have the rare opportunity to generate rental income from one unit while living in the other, significantly offsetting ownership costs.
Ideally located for families, the home is within walking distance to Laurel Dell Elementary and Davidson Middle School, enhancing its long-term desirability and value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2244, other record living area = 1844.
Originally built in 1948, the property may require capital improvements or modernization of its core systems to meet contemporary energy and efficiency standards.
Housing two separate dwellings on a 6,499 sqft lot may limit the amount of private outdoor space and yard area available for each individual unit.
Rare opportunity to own two homes on one lot in a convenient and versatile setting. The main residence features 3 bedrooms and 2 full bathrooms with comfortable living spaces, while the detached ADU offers its own kitchen and bathroom, ideal for guests, extended family, rental income, or a private home office setup. Whether you're looking for multi-generational living, an investment opportunity, or added flexibility, 38 Bret Avenue offers a unique layout with endless potential. Enjoy the ability to live in one home and rent the other, host long-term guests with ease, or create the perfect work-from-home retreat. A special property with options that are hard to find.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,244 | 2,197.5 | 51% |
| Lot Size | 6,499 | 8,287 | 34% |
| Price | $1.27M | $1.39M | 43% |
| Price per sq ft | $568 | $648 | 34% |
| Built year | 1948 | 1955 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 188 | 1% |
May 26, 2026
$1,275,000
Initial Listing
Mar 13, 2000
$130,000
Public Record