
San Rafael, CA 94901
Analysis of 823 Mission Avenue, San Rafael, CA 94901 reveals a property with a current list price of $1,375,000, which is 3% above the estimated $1,328,124 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 823 Mission Avenue Subject | $1,375,000* List Price | 5 | 4 | 2,000 | $664 | - |
A 6 Madrona Street Sold | $1,150,000 | 3 | 2 | 1,429 | $805 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This historic Victorian property, while possessing charming architectural details and 'lot of potential,' is in 'poor' condition due to severely outdated functional areas. The kitchens (both main and ADU) are extremely dated with old cabinets, basic appliances, and very old-fashioned tile/laminate finishes, requiring complete renovation. Carpeting on stairs and in some rooms appears old and worn. Given the likely age of the property (suggested by its architecture, well over 50 years old), major systems like electrical, plumbing, and HVAC are almost certainly original or from very old renovations (30-50+ years ago) and would require substantial upgrades to meet modern standards and safety codes. While the structure appears sound, the significant investment needed for rehabilitation of key components places it in the 'poor' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9426, living area = 2000.
The property boasts a highly desirable downtown San Rafael location, offering unparalleled convenience to public transportation, diverse shopping, dining options, a vibrant farmers market, schools, and immediate access to Highway 101.
The presence of a detached Accessory Dwelling Unit (ADU) provides significant flexibility for rental income generation, accommodating multi-generational living, or creating a dedicated home office or guest suite.
The phrase 'Lot of potential!' often suggests that the property may require significant investment in renovations or cosmetic updates to fully modernize and maximize its value and appeal.
Its prime downtown location and proximity to Highway 101 could expose the property to higher levels of urban noise and traffic, potentially impacting the tranquility of the living environment.
The property description is general, lacking specific details about the interior condition, finishes, or recent upgrades, which may indicate a dated interior or a need for immediate cosmetic improvements.
Conveniently located in San Rafael's Downtown area! Short distance to public transportation, shopping, dining, farmers market, schools, and Hwy 101 access nearby. Detached ADU. Lot of potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 2,000 | 2,002 | 49% |
| Lot Size | 9,426 | 8,398 | 55% |
| Price | $1.38M | $1.38M | 50% |
| Price per sq ft | $688 | $662 | 54% |
| Built year | 0 | 1955 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 203 | 12% |
Jan 29, 2026
$1,375,000
Initial Listing