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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

Listed by Adam Foley • CBRE, Inc., DRE#02144332

$2,675,000

Est. payment - /mo

3 Beds

2 Baths

4,914 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,914 sqft

Price per Sqft $544

MLS Listing ID ML82053545

Bedrooms 3

Full Baths 2

Year Built 1960

Lot Size 0.501 Acres

Property Sub-Type Five or More Units

Property Description

7 Merrydale Road (the Property) is a multifamily asset built in 1965 situated on a generously sized lot and comprised of eight (8) units. The Property features a unit mix of five (5) one-bedroom/one-bathroom and three (3) 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. Merrydale Views 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.

Location

State CA

County Marin

Area San Rafael

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Common Parking Area

Utilities Available Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 179-222-15

Security Features Other

Special Listing Condition Not Applicable

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor License ID: 01382971

7 Merrydale RD San Rafael, CA 94903

Matt Cossell

Key Details

Location

Interior

Exterior

Building

Others