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247 D, San Rafael
$5,900,000
ML82051074 MLS ⋅ Active Status
Del Mesa Apartments (The Property) is a Pride of Ownership 18-unit Multifamily investment opportunity in Gerstle Park neighborhood, widely considered the A+ area of San Rafael. The Property features a well-maintained unit mix of twelve (12) one-bedroom, one-bathroom units and six (6) two-bedroom, one-bathroom units across a single three-story building set on a .042 acre parcel. Ownership has completed meaningful renovations over the last decade with remaining upside through continued in-unit upgrades and rent growth to market across the balance of the units. Del Mesa Apartments is situated in Gerstle Park, one of San Rafaels most coveted residential enclaves. The neighborhood is characterized by mature tree canopy, well-maintained streetscapes, and a quiet, upscale character that distinguishes it from more commercially active San Rafael corridors. Gerstle Park consistently ranks among he citys most desirable and safest neighborhoods, attracting long-term, quality tenants.

247 D, San Rafael

no property photo
$5,350,000
ML82054661 MLS ⋅ Active Status
19 Merrydale Road (the Property) is a multifamily asset built in 1965 situated on a generously sized lot and comprised of eighteen (18) units. The Property features a unit mix of twelve (12) one-bedroom/one-bathroom and six (6) two-bedroom/one-bathroom floorplans. Several units have been tastefully renovated as tenants have turned, and recent capital improvements include new electrical subpanels, water heaters, and furnaces throughout, ensuring modern mechanical systems and reduced near-term capital requirements for an incoming investor. Each unit benefits from its own individual water heater and furnace, providing residents with independent climate and utility control a meaningful amenity that limits owner utility exposure and enhances tenant satisfaction. The Property also features on-site laundry and commanding views of the surrounding Marin hillsides, adding to its strong appeal among prospective renters. Marin Heights premier location in San Rafael positions it at the heart of one of the most desirable residential communities in Marin County. Residents enjoy convenient access to Highway 101 and proximity to major employment centers across the North Bay and broader Bay Area, while benefiting from the exceptional quality of life Marin is renowned for.

19 Merrydale, San Rafael

179 Los Ranchitos Rd, San Rafael
$2,900,000
41127432 MLS ⋅ Active Status
*** Seller financing available *** Seller financing for up to 75% of the purchase price to a qualified buyer, at a 5.5% interest rate for a 3-year term. A rare investment opportunity in the heart of San Rafael, Marin County, one of California's most supply-constrained rental markets. This exceptional 17-bedroom, 9-bath income property sits on 1.66 acres across two parcels with pro forma gross rental income potential of $296,400/year. The property features a main structure with 16 bedrooms and 8 baths operating on a room-by-room rental model, 14 standard rooms at $1,300/mo and 2 premium rooms at $2,000/mo, plus a fully detached 1BD/1BA private residence with a market rent of $2,500/mo. Pro forma owner-managed NOI of approximately $185,888/year supports the $2,900,000 asking price at a 6.41% projected cap rate. All figures are pro forma projections based on market rents; buyer to verify.

179 Los Ranchitos Rd, San Rafael

7 Merrydale Road, San Rafael
$2,675,000
ML82053545 MLS ⋅ Active Status
7 Merrydale Road (the Property) is a multifamily asset built in 1965 situated on a generously sized lot and comprised of eight (8) units. The Property features a unit mix of five (5) one-bedroom/one-bathroom and three (3) two-bedroom/one-bathroom floorplans. Several units have been tastefully renovated as tenants have turned, and recent capital improvements include new electrical subpanels, water heaters, and furnaces throughout, ensuring modern mechanical systems and reduced near-term capital requirements for an incoming investor. Each unit benefits from its own individual water heater and furnace, providing residents with independent climate and utility control a meaningful amenity that limits owner utility exposure and enhances tenant satisfaction. The Property also features on-site laundry and commanding views of the surrounding Marin hillsides, adding to its strong appeal among prospective renters. Merrydale Views premier location in San Rafael positions it at the heart of one of the most desirable residential communities in Marin County. Residents enjoy convenient access to Highway 101 and proximity to major employment centers across the North Bay and broader Bay Area, while benefiting from the exceptional quality of life Marin is renowned for.

7 Merrydale Road, San Rafael

55 Blossom Drive, San Rafael
$1,399,000
4 Beds ⋅ 2 Baths ⋅ 41148329 MLS ⋅ Active Status
The back of this Bret Harte home faces the Southern Heights Ridge, and every room on that side of the house knows it. From the deck off the living room to the three-tiered patio along the side of the home, the views of the ridge are the kind that make you stop what you're doing. This is a home built around where it sits. The owners renovated thoughtfully when they purchased in 2012, starting with a primary suite on the lower level, complete with a new ensuite bath and walk-in closet. Upstairs, the second bathroom was fully remodeled with a freestanding tub and walk-in shower. Both bathrooms are taken to the height of luxury with heated floors. The kitchen features solid wood cabinets, a Fisher & Paykel fridge and range, and a Bosch dishwasher. Owned Tesla solar (Net Meter 2.0) keeps the energy bills in check, and french drains help keep the water away from the house. The 8,400 sq ft lot has room to breathe: a deck off the main living area, three tiers of patio off the separate kitchen door and the lower suite, two outdoor storage rooms, and paved access to additional storage beneath the home. For a four-bedroom house, the storage here is genuinely exceptional. The neighborhood is known for its quiet, hilly terrain and a community that skews toward hiking, gardening, biking, and the outdoors. Mt. Tam's 200 miles of trails are a short drive away, and freeway access keeps San Francisco well within reach. At $1,399,000, this is a rare opportunity to own a fully renovated, energy-independent home with ridge views in one of Marin's most coveted neighborhoods.

55 Blossom Drive, San Rafael

29 Red Rock Way, San Rafael
$599,990
ML82017783 MLS ⋅ Active Status
SELLER FINANCING AVAILABLE. Build your dream home on this 2.05-acre view lot with excellent access and beautiful valley vistas. This property offers direct access to Highway 101 in both northbound and southbound directions without the need to backtrack to the next exit. The lot features a large clearing along an established private access road. Utilities include PG&E service, city water, and a sewer connection at the base of the property. Preliminary design concepts for both single-story and two-story custom homes are complete, including a fire truck turnaround. Soil report, topographic map, and survey are available. With some tree clearing, the property reveals expansive valley views, creating the perfect setting for a custom residence.

29 Red Rock Way, San Rafael

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.