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Laurel Court Apartments @ 231 Laurel Place

$4,000,000

231-233 Laurel Place, San Rafael, CA 94901

Active
Last Updated: 10/14/2026

11.5

GRM

 
Details:
GRM:    11.5
Highlights:
  • 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 ($100/month per space, currently included in rent). Security lights on timers cover the parking lot and stairs. The foam roof is approximately 12 years old and has just been resurfaced. Recent city safety inspection passed, and the deck and stairs were separately inspected and approved by a private engineering firm.
  • The building has enjoyed long tenancies and virtually no vacancy. Month-to-month leases. The smaller scale, courtyard setting, and walkable downtown location are consistently cited by residents as reasons they stay
Description:

A unique opportunity to purchase a single family home and 9 rental units in a park like setting only 2 blocks north of downtown San Rafael

Quintessential Marin Living

▪ 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 3½ 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 location is a walker’s paradise—minutes from Fourth Street shops and restaurants, the SMART station/San Rafael Transit Center, the farmers market, and Highway 101. Coleman Elementary, Davidson Middle, and San Rafael High School serve the area.

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