$5,900,000
( $452.45Per Sq Foot )
 $31,672 est/mo Sourced by Back At You

247 D,San Rafael, CA 94901

San Rafael, CA 94901

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Description

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.

Details

MLS #ML82051074
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site67
Listing Provided ByCBRE, Inc. | Adam Foley

Features

SQ Feet13,040
Car PortYes
Units18
Building(s)1
Zoningn/a
Acreage0.04

Interior

CoolingWall Window Units
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofBitumen, Flat

Taxes

Property95976

Area Information

StateCA
CountyMarin
CitySan Rafael
Zip Code94901
Area699 Not Defined
Listing VS Median (in 94901)
Price:
$5,900,000
low | high
Med:
$4,850,000
67.796610169492% of Average
sqft:
13,040
low | high
Med:
9,588
76.472392638037% of Average
$ / sqft:
$452
low | high
Med:
$536
31.562548339337% of Average
On site:
67
low | high
Med:
194
34.536082474227% of Average
Sourced by Back At You

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Learn More About This Property

Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyMarin
CitySan Rafael
Zip Code94901
Area699 Not Defined
Listing VS Median (in 94901)
Price:
$5,900,000
low | high
Med:
$4,850,000
67.796610169492% of Average
sqft:
13,040
low | high
Med:
9,588
76.472392638037% of Average
$ / sqft:
$452
low | high
Med:
$536
31.562548339337% of Average
On site:
67
low | high
Med:
194
34.536082474227% of Average
Sourced by Back At You
Listing Updated: August 5, 2026 at 8:18:06 AM PDT
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