• $6,110,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 13,040

    SqFt

About the Listing ML6043498 - ML5108517

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.

Listing Highlights

Status Active
Days on Site 20
Property Type Commercial Sale
MLS ® ML82051074
Year Built 1965
Total Square Footage 13,040
Lot/Acreage 0.04
County Marin
School District Other

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: n/a
  • Roof: Bitumen,Flat
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $95,976
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01222207
  • Tax Year: N/A

Payment Calculator

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Questions About..

247 D San Rafael, CA 94901

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Originating MLS: CRMLS

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