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$4,000,000
11 Days On Site

231-233 Laurel Place
San Rafael, CA 94901

For Sale|Multi Family|Active
11
Beds
7
Total Baths
6
Full Baths
1
Partial Bath
—
SqFt
—
/SqFt
County:
Marin
Listing courtesy of Mark E Bonn of Compass Commercial | Agent Phone: (415) 225-8658
Call Now: (415) 336-9695
Is this the listing for you? We can help make it yours.
(415) 336-9695
231-233 Laurel Place231-233 Laurel Place231-233 Laurel Place231-233 Laurel Place
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A unique opportunity to purchase a single family home and 9 rental units in a park like setting. THE HOUSE: Tucked just above downtown San Rafael in the Lincoln/San Rafael Hill neighborhood, this 1920s Mediterranean residence offers classic Marin character with modern updates and a separate garden cottage on the lower level. The main house features 3 bedrooms and 3 bathrooms, two decks, and a half basement with a new forced-air furnace, water heater, and storage. A newer split-system HVAC provides additional heating and cooling. The roof is foam-over-Spanish-tile with solar panels. A washer and dryer are located in the kitchen. A two-car garage with a mahogany door, wide driveway, and upper storage area serves the home. The yard is a true San Rafael oasis: fruit trees including fig, lemon, orange, persimmon, and peach, plus a fountain and bricked seating area. Access is possible from both the Laurel Place gate and the Wilkins driveway; the driveway itself is stone. The lower garden cottage (233A) functions as a one-bedroom in-law or rental unit. It has dual-side access, a large living room, a smaller bedroom, a full bath, and a full kitchen. The cottage is nicely landscaped with accent lighting and automatic sprinklers. THE APARTMENTS: A well-maintained 8-unit courtyard building (7 one-bedrooms and 1 studio) built in 1956 and situated on the same parcel as the adjacent Mediterranean home. Units are similar in size, with galley kitchens, dining areas, and generous living rooms and bedrooms. Upper-floor units feature higher beamed ceilings. All units have tub/shower combinations with glass doors, vanity cabinets, and ventilation windows. The owner pays water and hot water. Flooring varies: two lower units have newer pre-finished hardwood, four have wall-to-wall carpet, and two have refinished parquet. All kitchens have newer stoves, refrigerators, and exhaust fans. Heating is provided by two-sided gas wall heaters with thermostats plus electric wall heaters in the bathrooms. Newer double-pane windows face Mission Avenue (for sound) and are also in the bathrooms. Separate Gas meters and separate electric meters are in the basement utility area. The shared courtyard includes a koi pond, accent lighting, and a BBQ grill. Automatic sprinklers water the plantings. A laundry room with free washer and dryer also offers extra storage. Six covered parking spaces are on site; additional parking is available on Mission Avenue

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Listing Snapshot
Price 
$4,000,000
Days On Site 
11 Days
Bedrooms 
11
Inside Area (SqFt) 
0 sqft
Total Baths 
7
Full Baths 
6
Partial Baths 
1
Lot Size 
0.2269 Acres
Year Built 
N/A
MLS® Number 
326084387
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.2269
Cross Street 
Wilkins
Disclosures 
Transfer Disclosure StatementDisclosure Package Available
Garage 
Yes
Garage Spaces 
2
Levels 
Three Or MoreMulti/Split
Parking 
GarageCovered
Parking Spaces 
8
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Unknown
Interior Features
Basement 
Partially Finished
Flooring 
See Remarks
Furnished? 
None
Heating 
See Remarks
Laundry Features 
Common Area
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Exterior Features
Lot Features 
SlopedSecludedLandscapedCorner Lot
Community Features
MLS Area 
San Rafael
Financing Terms Available 
1031 Exchange
Listing courtesy of Mark E Bonn of Compass Commercial | Agent Phone: (415) 225-8658



Listing information is provided by Participants of the San Francisco Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, San Francisco Association of Realtors MLS.
Last checked: 2026-10-16 03:05 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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