92 Elizabeth Way, San Rafael, CA 94901, San Rafael, 94901 - bed, bath
92 Elizabeth Way
San Rafael, CA 94901
Property Price
SUMMARY
Analysis of 92 Elizabeth Way, San Rafael, CA 94901 is currently available with a list price of $2,100,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property appears well-maintained and functional, but the kitchens are significantly outdated with white appliances, laminate countertops, and older cabinet styles. While some areas have updated laminate flooring and one bathroom shows a granite vanity, the overall aesthetic and components like the visible window AC unit suggest an older build (likely pre-1980s) with updates that are now 15-30 years old. It requires minor updates, particularly in the kitchens, to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Dixie Elementary School (9/10).
- Prime Investment Location
Situated in the highly coveted Fair Hills Manor subdivision of San Rafael, offering excellent convenience and desirability, as highlighted by 'Location, location, location!'
- Income-Generating Triplex
A beautifully maintained triplex with all units currently tenant-occupied by long-term renters, providing immediate and stable rental income, making it a perfect investment opportunity.
CONSRISKS & DEFICIENCIES
- Property Type Inconsistency
The property is described as a 'triplex' but is categorized with a 'Single Family Residence' sub_type, which is a significant discrepancy that requires clarification for financing, zoning, and legal purposes.
- Tenant Occupancy for Owner-Occupants
While beneficial for investors, the presence of long-term tenants means an owner-occupant buyer would face challenges and potential delays in gaining possession of a unit, limiting the buyer pool.
- Lack of Detailed Unit Information
The listing lacks crucial specific details for a comprehensive investment analysis, such as individual unit layouts (e.g., number of bedrooms/bathrooms per unit) and current rental income figures.
About 92 Elizabeth Way
Location, location, location! 92, 94, and 96 Elizabeth Way is beautifully maintained triplex located in the serene Fair Hills Manor subdivision offering a unique blend of comfort and convenience. Each unit is tenant occupied with long term renters which each unit featuring spacious and private living areas. The property is conveniently located near Sun Valley Elementary school, Sun Valley park, and a short drive to Downtown San Rafael. This is a perfect investment opportunity for anyone seeking ownership in a highly coveted neighborhood in San Rafael.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 18,990 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Rafael Unified Schools
Sun Valley Elementary School
Grades K-5 • 0.6 mi
Vallecito Elementary School
Grades K-5 • 1.6 mi
Dixie Elementary School
Grades K-5 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 1% |
| Baths | - | 3.0 | 1% |
| Square foot | 9,999 | 2,078 | 99% |
| Lot Size | 18,990 | 8,120 | 86% |
| Price | $2.10M | $1.45M | 82% |
| Price per sq ft | $210 | $738 | 3% |
| Built year | - | 1956 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 178 | 12% |
Pricing History
Listed for Sale
Jan 6, 2026
$2,100,000
Initial Listing