19 Merrydale, San Rafael, CA 94903
19 Merrydale, San Rafael, CA 94903
19 Merrydale, San Rafael, CA 94903
14
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Listed by Adam Foley • CBRE, Inc.
$5,600,000
Est. payment /mo
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11,568 SqFt
New

19 Merrydale San Rafael, CA 94903

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,568 sqft

Price per Sqft $484

MLS Listing ID ML82054661

HOA Y/N No

Year Built 1962

Lot Size 0.410 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

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.

Location

State CA

County Marin

Interior

Heating Wall Furnace

Cooling Other

Fireplace No

Exterior

Handicap Access Other

Building

Water Public


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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19 Merrydale