
San Rafael, CA 94901
This Turnkey Triplex represents a Strong Value Opportunity, listed at $1,895,000—positioned well below the $1,913,003 Fair Market Value by 0.94%. This valuation gap offers $18,003 in Instant Equity. Featuring an Excellent Condition Rating with updated kitchens, bathrooms, and dual-pane windows, this asset provides immediate rental stability. Located in the desirable Sun Valley neighborhood near top-rated schools, it offers a rare unit mix with private outdoor spaces. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, low-maintenance property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 92 Elizabeth Way Subject 7 bd · 6 ba · 3,627 sqft · $527 | $1,895,000* List Price | 7 | 6 | 3,627 | $527 | - |
A 14 Sentinel Court Active 6 bd · 5 ba · 4,250 sqft · $446 · 0.7 mi | $1,895,000 List Price | 6 | 5 | 4,250 | $446 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1965 build date, the property is described as a turnkey triplex with updated kitchens and bathrooms. Visual evidence confirms a high-quality renovation including modern LVP flooring, dual-pane windows, and the installation of a contemporary mini-split HVAC system. The interior and exterior appear in mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18992, living area = 3800.
Elementary School: Dixie Elementary School (9/10).
The property features updated kitchens, bathrooms, and dual-pane windows, offering a move-in-ready investment with minimal immediate capital expenditure required.
Originally built in 1965, the property may require ongoing maintenance or future upgrades to core systems like plumbing and electrical that are typical for its era.
While the elementary school is highly rated, the assigned middle and high schools have moderate ratings (5-6), which may be a consideration for long-term family tenants.
92-96 Elizabeth Way is a turnkey triplex in San Rafael's Sun Valley, one of the most desirable neighborhoods in the city. It offers an ideal unit mix of two two bedroom, two bath units and a three bedroom, two bath unit. Amenities include high open beam ceilings, private outdoor spaces (two units have backyards and one unit a private patio) garage parking, an on-site complimentary laundry, individual tenant and landlord storage areas, dual pane windows throughout, and updated kitchens and bathrooms.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.6 mi
Grades K-5 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.4 |
| Baths | 6.0 | 2.4 |
| Square foot | 3,627 | 1,989.93 |
| Lot Size | 18,992 | 8,672.456 |
| Price | $1.90M | $1.70M |
| Price per sq ft | $522 | $841 |
| Built year | 1965 | 1959 |
| HOA | $0 | $303 |
| Days on market | 18 | 35 |
Oct 6, 2026
$1,895,000
Initial Listing