San Rafael CA Multi Family for Sale
$2,800,000
7 Merrydale Road San Rafael, CA 94903
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 324081809
ADDITIONAL INFORMATION
8-units. Welcome to the Merrydale View Apartments, ideally situated at the top of a cul-de-sac on the west side of the freeway in San Rafael's vibrant Civic Center area. This two-story bread-and-butter building comprises a mix of three spacious two-bedroom and five comfortable one-bedroom apartments catering to various lifestyle preferences. Nestled against a picturesque hillside, the property offers breathtaking views across Terra Linda, providing a serene and scenic living environment. Residents can take advantage of convenient off-street parking and an on-site laundry facility. The lower units feature a charming fenced-in patio, while upper units boast a delightful view deck. Constructed in 1960, this building is wood frame on a concrete perimeter foundation.
$6,000,000
255 Channing Way San Rafael, CA 94903
- Type:
- Other
- Sq.Ft.:
- 13,300
- Status:
- Active
- Beds:
- 28
- Lot size:
- 0.7 Acres
- Year built:
- 1965
- Baths:
- 2.00
- MLS#:
- 324073256
ADDITIONAL INFORMATION
This 14-unit apartment building offers a turn key investment opportunity in a sought-after area. The property has been well-maintained and features recently remodeled units, including new floors, updated kitchens, and modern appliances. Each apartment is spacious, with plenty of natural light throughout. The building benefits from a history of strong occupancy rates and high rental demand, providing steady income potential. Additionally, it has been optimized for low operating costs with separate PG&E meters and a partial Ratio Utility Billing System (RUBS) in place. Ideal for investors, this property offers long-term stability and an attractive return on investment due to its solid rental market and low expenses.
 |
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. |
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. 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.
San Rafael Real Estate
The median home value in San Rafael, CA is $1,209,300. This is lower than the county median home value of $1,402,900. The national median home value is $338,100. The average price of homes sold in San Rafael, CA is $1,209,300. Approximately 48.78% of San Rafael homes are owned, compared to 47.73% rented, while 3.49% are vacant. San Rafael real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Rafael real estate agent to arrange a tour today!
San Rafael, California 94903 has a population of 61,158. San Rafael 94903 is more family-centric than the surrounding county with 33.24% of the households containing married families with children. The county average for households married with children is 33.06%.
The median household income in San Rafael, California 94903 is $104,521. The median household income for the surrounding county is $131,008 compared to the national median of $69,021. The median age of people living in San Rafael 94903 is 43.1 years.
San Rafael Weather
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 40.6 inches per year, with 0 inches of snow per year.