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Berkshire Hathaway HomeServices California Properties

247 D, San Rafael, CA 94901

$5,900,000 Approx. USD

Reduced by $210,000 on 8/5/2026

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Adam Foley | adam.foley@cbre.com
Lic#: 02144332
Broker: Courtesy of CBRE, Inc.
Phone: 408-893-8063

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82051074

List price is $5,900,000 Reduced by $210,000 on 8/5/2026

Price: $5,900,000

Rental Rate: $5,900,000

Lot Size:

HOA Fee is $0.00

Built in 1965

0.04 acres

County: Marin

Zoning: n/a

Heating/cooling: Wall/Window Unit(s)

Heating description: Electric

Last Updated: 8/5/2026

Days On Market (DOM): 51

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Lat/Long: 37.965431, -122.533713.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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