About This Home
Featuring spectacular views, 111 Altena Street offers two 2-bedroom/1-bath units, perfect for investors seeking cash flow or owner-occupants looking to offset their mortgage with rental income. The property's hallmark is its sweeping, panoramic vistas of San Rafael Bay, the Richmond-San Rafael Bridge, East Bay hills, and Mount Diablo, providing a serene backdrop from sunrise to sunset. Lower Unit (Leased): 2BD/1BA with a private layout, dedicated sitting area to maximize the views, dedicated laundry, a private outdoor patio, and dedicated parking. Upstairs Unit (Owner-Occupant Potential): 2BD/1BA featuring a classic layout, cozy fireplace, view-focused sitting area, separate dining space, functional kitchen, dedicated laundry, private patio and valuable one-car garage with storage. This is a compelling chance to acquire an income-generating view property in a highly desirable San Rafael location. The property offers exceptional convenience, providing quick access to major thoroughfares for commuting toward San Francisco and across the Bay. Residents are moments from Marin's celebrated outdoor lifestyle, including waterfront strolling near Loch Lomond Marina and hiking at China Camp State Park, and are minutes away from the Bon Aire Shopping Center for daily needs. Flexible Acquisition: The seller is open to discussing seller financing options, which may provide favorable terms and a streamlined acquisition process for qualified buyers, adding significant flexibility to this investment. Buyer to verify all details including square footage, unit mix, and rental amounts.
Home Highlights
Property Details
Interior Details
- Number of Rooms: 10
Beds & Baths
- Number of Bedrooms: 4
- Number of Bathrooms: 2
- Number of Bathrooms (full): 2
Dimensions and Layout
- Living Area: 2200 Square Feet
Appliances & Utilities
- Utilities: Cable Connected, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected
- Appliances: Free-Standing Gas Oven, Free-Standing Gas Range, Gas Water Heater
- Laundry: Common Area,Washer/Dryer Hookups
Heating & Cooling
- Heating: Fireplace(s),Floor Furnace
- ✓ Has Cooling
- Air Conditioning: Ceiling Fan(s)
- ✓ Has Heating
- Heating Fuel: Fireplace S
Fireplace & Spa
- ✓ Has a Fireplace
Gas & Electric
- Electric: Separate Meters
- Gas: Separate Meters
- ✓ Has Electric on Property
Windows, Doors, Floors & Walls
- Window: Bay Window(s)
- Flooring: Wood
Levels, Entrance, & Accessibility
- Levels: Two
- Floors: Wood
View
- ✓ Has a View
- View: Bay, Bridge(s), Mt Diablo, Panoramic, Water
Security
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Home Features
- Roof: Composition
- Exterior: Yard Space
- Foundation: Concrete
Parking & Garage
- Number of Garage Spaces: 1
- Open Parking Spaces: 4
- ✓ No Carport
- ✓ Has a Garage
- ✓ No Attached Garage
- ✓ Has Open Parking
- Parking Spaces: 5
- Parking: Deck,Garage,Off Street
Water & Sewer
- Sewer: Public Sewer
Year Built
- Year Built: 1938
Property Type / Style
- Property Type: Residential Income
- Property Subtype: Duplex
Building
- Construction Materials: Wood Siding
Property Information
- Parcel Number: 01811333
Price
- List Price: $1,174,990
- Price Per Sqft: $534
Status Change & Dates
- Possession Timing: Close Of Escrow, Subject To Tenant Rights
Direction & Address
- City: San Rafael
Listing Agent
- Listing ID: 326039992
Building Area
- Building Area: 2200 Square Feet
Mobile Home Park
- Mobile Home Units: Feet
Expense
- Tenant Pays: Cable TV, Electricity, Gas
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2026 | Listed For Sale | $1,174,990 | BAREIS #326039992 |
| Oct 31, 2002 | Sold | $532,000 | N/A |