Preet Ballagan - Realtor

🏘️ Rare Marin County Investment Opportunity
📍 San Rafael, CA
💰 Offered at $2,900,000

An exceptional income-property opportunity in the heart of San Rafael — one of California’s most supply-constrained rental markets.

This unique multi-unit/room-rental investment sits across two parcels and offers strong projected income potential with a room-by-room rental model, plus a detached private residence.

✨ Property Highlights:
🛏️ 17 Beds
🛁 9 Baths
🏢 Approx. 5,582 Building Sq. Ft.
🌳 Approx. 38,224 Lot Sq. Ft. / 0.88 Acres
🏠 Main structure: 16 bedrooms / 8 baths
🏡 Detached private 1BD/1BA residence
📈 Pro forma gross rental income potential: $296,400/year
📊 Pro forma owner-managed NOI: Approx. $185,888/year
💼 Projected cap rate: Approx. 6.41%

With Marin County rental demand and limited housing supply, this property offers a rare opportunity for investors seeking income potential, scale, and long-term upside.

📩 Contact for the full Offering Memorandum.

All figures are pro forma projections based on market rents. Buyer to verify all income, expenses, square footage, lot size, zoning, use, permits, and property details.