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  • Price cut: $100K (7/21)
    $1,399,000

    31 Valencia Avenue, San Rafael, CA 94901

    6beds
    3,090sqft
    : 
    $9,142/mo
    Get pre-qualified
    Triplex
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $453/sqft
    $-- HOA

    What's special

    Spacious basement for storageRich in characterThoughtful modern updatesClassic architectural detailsUpdated kitchensWarm hardwood floorsSeparate laundry room
    Beautifully maintained 1928 property, where classic architectural details and warm hardwood floors blend seamlessly with thoughtful modern updates. Rich in character, the home showcases the craftsmanship and charm of a bygone era while offering today's comforts and conveniences. Currently configured with three income-producing units, this versatile property presents an exceptional opportunity for investors, owner-occupants, or multi-generational living. Each unit has been well cared for and features updated kitchens, creating an attractive and functional living environment for residents. The outdoor deck with an amazing view is an inviting space for relaxing, entertaining, or enjoying morning coffee, while the property's excellent condition reflects years of attentive maintenance. Whether you're seeking a strong investment, supplemental rental income, or a unique property with flexibility and historic charm, this rare offering delivers the best of both worlds. This property, currently tenant-occupied, has a 3-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. In addition, it has a spacious basement for storage, a separate laundry room, and 5 parking spaces. Close to shopping, schools, and public transportation. Well-maintained and currently occupied. Photos do not reflect tenants' belongings.
    60 days
    |
    1,364
    |
    58
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Aileen Tong DRE #01884175 415-925-3208,

    Coldwell Banker Realty 415-461-3000

    Source: BAREIS,MLS#: 326050740MLS LogoOriginating MLS: Marin County

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • See Remarks
      Cooling
      • None
      Appliances
      • Laundry: Coin Operated, Common Area
      Features
      • Unit 1 - Beds: 1, Baths: 1, Square Footage: 1500 | Unit 2 - Beds: 2, Baths: 1, Square Footage: 1075 | Unit 3 - Beds: 3, Baths: 1, Square Footage: 515 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 3264 | Interior Features: Storage Area(s)
      • Flooring: Tile, Wood
      Interior area
      • Total structure area: 3,090
      • Total interior livable area: 3,090 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Side By Side
      Features
      • Levels: Three Or More
      Lot
      • Size: 5,998 Square Feet
      • Features: None
      Details
      • Parcel number: 01406215
      • Special conditions: Probate Listing

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Roof: Composition
      Condition
      • Year built: 1928

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: San Rafael

      Financial & listing details

      • Price per square foot: $453/sqft
      • Tax assessed value: $650,033
      • Annual tax amount: $12,861
      • Date on market: 6/16/2026
      • Tenant pays: Cable TV, Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Price change$1,399,000-6.7%$453/sqft
        Source: BAREIS #326050740 Report a problem
        6/16/2026Listed for sale$1,499,000+284.4%$485/sqft
        Source: BAREIS #326050740 Report a problem
        1/15/1998Sold$390,000$126/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,861 +3.2%$650,033 +2%
        2024$12,457 +3.4%$637,289 +2%
        2023$12,048 +4.4%$624,796 +2%
        2022$11,542 +1.4%$612,545 +2%
        2021$11,387 +1%$600,535 +1%
        2020$11,278 +6.5%$594,379 +6.5%
        2019$10,585 +0.8%$558,218 +2%
        2018$10,501 +3%$547,274 +2%
        2017$10,200 +3.4%$536,545 +2%
        2016$9,869 +4.3%$526,027 +1.5%
        2015$9,459 +4.9%$518,126 +2%
        2014$9,014 $507,978 +0.5%
        2013-- $505,685 +2%
        2012-- $495,771 +2%
        2011-- $486,052 +0.8%
        2010-- $482,421 -0.2%
        2009-- $483,568 +2%
        2008-- $474,087 +2%
        2007-- $464,793 +2%
        2006-- $455,683 +2%
        2005-- $446,748 +2%
        2004-- $437,989 +1.9%
        2003-- $429,962 +2%
        2002-- $421,535 +2%
        2001-- $413,270
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Montecito/Happy Valley

        Getting around

        65 / 100
        Somewhat Walkable
        50 / 100
        Good Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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