247 D, San Rafael

$5,900,000

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0.04

Acres

About 247 D

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.

Features of 247 D

MLS® # ML82051074
Price $5,900,000
Bathrooms 0.00
Acres 0.04
Year Built 1965
Type Commercial Sale
Status Active

Community Information

Address 247 D
Area 699 - Not Defined
City San Rafael
County Marin
Zip Code 94901

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No

Exterior

Roof Flat, Bitumen

School Information

District Other

Additional Information

Date Listed June 15th, 2026
Days on Market 88
Zoning n/a
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAdam Foley
OfficeCBRE, Inc.

Listing Map

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