19 Merrydale, San Rafael, CA 94903
- $5,350,000
- 11,568
- SqFt
Listed by Adam Foley, 415-535-7414 from CBRE, Inc.
(If provided) CoList: from
- List Price
- $5,350,000
- Price Change
- ▼ $250,000 1788495034
- MLS#
- ML82054661
- Status
- ACTIVE
- Sqft. of Residence
- 11,568
- Lot Size
- 17,850
- Listing Area
- San Rafael
- Year Built
- 1962
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.
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Additional Information
- Cooling System
- Other
- Foundation
- Other
- Garage Parking
- Common Parking Area, Covered Parking
- Heating System
- Wall Furnace
- Living Area
- 11,568
- Lot Size
- 17,850
- Neighborhood
- San Rafael
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- N/A
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