BG

247 D

San Rafael, CA 94901

$5,900,000 Est. $29,834/mo

Reduced $210,000 · Aug 5

Active 51 days on market

Listed By Adam FoleyDRE #02144332

CBRE, Inc.

Your inquiry will go to Brenda Geraci, who is not the listing agent for this property.

Lot Size
1,840 sqft
Year Built
1965
Property Type
Commercial sale
Days on Market
51 days
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.

Estimate a monthly payment

/mo

Principal and interest only. Property taxes, insurance and any HOA dues are not included and will increase this amount.

Estimates only, for your own planning. Not a loan offer, a pre-qualification, or a quote from any lender.

Features

Interior Features

Cooling
  • Wall Window Units
Heating
  • Electric

Exterior Features

Roof
  • Bitumen
  • Flat

Market insights

Computed from CRMLS data for San Rafael.

Property history

No prior MLS sale records.

Based on information from California Regional Multiple Listing Service, Inc. as of September 20, 2026 at 8:00 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any amount of compensation or commission stated is made only to participants of CRMLS or an MLS that has entered into a datashare agreement with CRMLS.

Where it is