247 D San Rafael, CA $ 6,110,000
247 D
$ 6,110,000
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247 D

San Rafael, CA, 94901
$ 6,110,000
Bedrooms-- Baths-- Sq 13,040

Monthly Estimate*

$ 37,620

Listed by CBRE, Inc.
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Commercial Property for sale in San Rafael, CA

for $6,110,000. This 13,040 square foot building was built in 1965 on a lot size of 0.0422.

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.

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Commercial Active

Price

$ 6,110,000

Property Type

Commercial

Taxes

$ 95,976

Style

Lot Size

0.0422

Year Built

1965

Town/City

San Rafael

County/Region

Marin

MLS | Web ID

ML82051074

Days on Market

1

Features
General
Heating Electric
Cooling Wall/Window Unit(s)
Roof Bitumen Flat
Zoning n/a
HOA Fee 0
Year Built 1965
County Marin
Insurance Expense 13500
Property Type Commercial Sale
MaintenanceExpense 5480
Special Listing Conditions Standard
Status Active
City San Rafael
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 1840
Carport Spaces 18
Carport Y/N true
Tax Annual Amount 95976
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 1840
Number of Buildings 1
Building Area Total 13040
Lot Size Acres 0.0422
Lot Size Source Assessor
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* Excluded Features
List By
Cbre, Inc.

Broker

adam.foley@cbre.com

Email

Affordability Calculator

$45,618
Per Month
82%
18%
0%
Monthly Principal & Interest
$37,620
Monthly Property Taxes
$7,998
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$6,110,000 Listed Price

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247 D, San Rafael, CA, 94901 is a Commercial Property for sale at $6,110,000 with 13,040 sqft and a lot size of 0.0422. 247 D was built in 1965. The property's zip code is 94901 which is in San Rafael, CA