Situated in the charming and sought-after Gerstle Park neighborhood of San Rafael, this fully remodeled triplex presents a rare opportunity in the heart of Marin County. Offering excellent versatility for both owner-occupiers and investors, the property features one spacious 3BR/2BA unit and two well-appointed 2BR/1BA unitseach thoughtfully upgraded with modern finishes and conveniences. All three units have been extensively renovated, including brand-new kitchens with sleek cabinetry, contemporary countertops, and new appliances. Bathrooms have been stylishly updated with new vanities, tiled showers or tubs, and upgraded fixtures. Each unit showcases a blend of luxury vinyl plank flooring and new carpet along with its own designated laundry machines. Additional highlights include carport parking, extra storage, and separate meters for gas, electric, and waterideal for ease of management and utility control. A brand-new roof and gutters complete this turnkey property, all set in a prime location just blocks from downtown San Rafael. This rarely available triplex offers a unique opportunity to create a family compound, live in one unit while generating income from the others, or invest in a high potential cash flowing property.
Closed
$1,750,000
523 B Street, San Rafael, CA 94901
7beds
2,707sqft
Single Family Residence
Built in 1928
5,000 Square Feet Lot
$1,912,200 Zestimate®
$646/sqft
$7,657 Estimated rent
Home value
$1,912,200
$1.72M - $2.12M
$7,657/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Steven Level DRE #01184232 415-747-2150,
Berkshire Hathaway 415-329-6790
Bought with:
Non-member 999999
North Coast Commercial
Source: BAREIS,MLS#: 325061935
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Dryer, Washer
- Laundry: Laundry Closet
Features
- Flooring: Carpet, Vinyl
- Windows: Dual Pane Full
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,707
- Total interior livable area: 2,707 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached, Covered, Uncovered Parking Spaces 2+
- Has attached garage: Yes
- Carport spaces: 3
- Uncovered spaces: 3
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Front Porch, Deck
- Exterior features: Balcony
- Fencing: Wood
Lot
- Size: 5,000 Square Feet
- Features: Curb(s), Landscape Front, Low Maintenance, Shape Regular
Details
- Parcel number: 01215705
- Special conditions: Offer As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: San Rafael
Financial & listing details
- Price per square foot: $646/sqft
- Tax assessed value: $1,147,500
- Annual tax amount: $18,963
- Date on market: 7/15/2025
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Sold | $1,750,000-2.5%$646/sqft |
Source:  BAREIS #325061935 Report a problem | ||
| 9/5/2025 | Price change | $1,795,000-4.8%$663/sqft |
Source: BAREIS #325061935 Report a problem | ||
| 7/15/2025 | Listed for sale | $1,885,000+67.6%$696/sqft |
Source: BAREIS #325061935 Report a problem | ||
| 4/24/2024 | Sold | $1,125,000+137.3%$416/sqft |
Source: Public Record Report a problem | ||
| 2/20/1998 | Sold | $474,000$175/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,963 +38.3% | $1,147,500 +54.7% |
| 2024 | $13,712 +3.2% | $741,975 +2% |
| 2023 | $13,292 +4.6% | $727,428 +2% |
| 2022 | $12,709 +1.4% | $713,166 +2% |
| 2021 | $12,535 +0.9% | $699,182 +1% |
| 2020 | $12,421 +3.6% | $692,016 +2% |
| 2019 | $11,992 +0.8% | $678,450 +2% |
| 2018 | $11,896 +3.1% | $665,149 +2% |
| 2017 | $11,536 +3.3% | $652,110 +2% |
| 2016 | $11,164 +4.4% | $639,326 +1.5% |
| 2015 | $10,695 +4.8% | $629,722 +2% |
| 2014 | $10,204 | $617,389 +0.5% |
| 2013 | -- | $614,601 +2% |
| 2012 | -- | $602,552 +2% |
| 2011 | -- | $590,740 +0.8% |
| 2010 | -- | $586,328 -0.2% |
| 2009 | -- | $587,721 +2% |
| 2008 | -- | $576,198 +2% |
| 2007 | -- | $564,903 +2% |
| 2006 | -- | $553,830 +2% |
| 2005 | -- | $542,971 +2% |
| 2004 | -- | $532,324 +1.9% |
| 2003 | -- | $522,570 +2% |
| 2002 | -- | $512,326 +2% |
| 2001 | -- | $502,282 |
Find assessor info on the county website
Neighborhood: Gerstle Park
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GreatSchools rating
- 8/10Laurel Dell Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10James B. Davidson Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10San Rafael High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,912,200
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Estimated market value
$1,912,200
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