8 Circle Road, San Rafael, CA 94903, San Rafael, 94903 - 10 bed, 6 bath
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San Rafael, CA 94903
Analysis of 8 Circle Road, San Rafael, CA 94903 is currently available with a list price of $4,850,000. 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.
Property is move-in ready.
Built in 1999, the property is in well-maintained condition, largely due to its current use as a licensed healthcare facility which requires adherence to strict safety and cleanliness standards. The interior features a large, functional residential-style kitchen with modern appliances, durable hard-surface flooring suitable for high traffic, and multiple bathrooms that are clean and fully operational. While the building is 25 years old, the configuration for healthcare use since 2021 suggests recent updates to systems and finishes, resulting in a move-in ready state with minimal deferred maintenance.
Elementary School: Dixie Elementary School (9/10).
The property generates a substantial $30,000 monthly base rent with scheduled annual increases, providing investors with immediate stable income and long-term growth potential.
The specialized use as a licensed healthcare facility involves complex regulatory licensing and local approvals, creating a protective moat for the investment and increasing tenant retention.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5910, other record living area = 8192. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 7.
The investment is entirely dependent on a single healthcare operator, which presents a higher risk profile if the tenant faces business challenges or chooses not to renew.
The 10-bedroom layout is specifically configured for institutional healthcare use, which may require significant capital expenditure to convert back to a traditional residential format if the current use ceases.
Single-tenant healthcare investment opportunity in San Rafael leased to Heartwood Detox, a behavioral healthcare operator specializing in medically supervised detox services with an established presence in Marin County. The property generates $30,000 per month ($360,000 annually) in base rent with scheduled annual increases beginning in year three, providing investors with stable in-place income and long-term growth potential. The 5,910 SF building is situated on an expansive 1.15 acre lot and has been configured to support licensed healthcare operations while maintaining residential-style amenities. The tenant has successfully operated at the property since 2021 and benefits from a use with high barriers to entry due to regulatory licensing and local approvals. The large parcel may also offer future potential, including the possibility of an SB9 lot split (buyer to verify).
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1999 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 11, 2026
$4,850,000
Initial Listing
Jul 15, 2004
$1,770,000
Public Record
Nov 26, 1997
$500,000
Public Record