19 Merrydale San Rafael, CA $ 5,600,000
19 Merrydale
$ 5,600,000
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19 Merrydale

San Rafael, CA, 94903
$ 5,600,000
Bedrooms-- Baths-- Sq 11,568

Monthly Estimate*

$ 35,359

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

for $5,600,000. This 11,568 square foot building was built in 1962 on a lot size of 0.4098.

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.

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Commercial Active

Price

$ 5,600,000

Property Type

Commercial

Taxes

$ 97,533

Style

Lot Size

0.4098

Year Built

1962

Town/City

San Rafael

County/Region

Marin

MLS | Web ID

ML82054661

Days on Market

9

Features
General
Heating Wall Furnace
Roof Flat
Zoning N/A
HOA Fee 0
Year Built 1962
County Marin
Insurance Expense 22154
Property Type Commercial Sale
MaintenanceExpense 18000
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 17850
Carport Spaces 18
Carport Y/N true
Tax Annual Amount 97533
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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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 17850
Number of Buildings 2
Building Area Total 11568
Lot Size Acres 0.4098
Lot Size Source Assessor
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* Excluded Features
List By
Cbre, Inc.

Broker

adam.foley@cbre.com

Email

Affordability Calculator

$43,487
Per Month
81%
19%
0%
Monthly Principal & Interest
$35,359
Monthly Property Taxes
$8,128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/17/2026$5,600,000 Listed Price

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19 Merrydale, San Rafael, CA, 94903 is a Commercial Property for sale at $5,600,000 with 11,568 sqft and a lot size of 0.4098. 19 Merrydale was built in 1962. The property's zip code is 94903 which is in San Rafael, CA