7 Merrydale Road,San Rafael, CA 94903
San Rafael, CA 94903
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.
Details
| MLS # | ML82053545 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 75 |
| Listing Provided By | CBRE, Inc. | Adam Foley |
Features
| SQ Feet | 4,914 |
|---|---|
| Building(s) | 1 |
| Zoning | N/A |
| Acreage | 0.50 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat |
|---|
Utilities
| Utilities | Natural Gas Available |
|---|
Taxes
| Property | 43356 |
|---|
Area Information
| State | CA |
|---|---|
| County | Marin |
| City | San Rafael |
| Zip Code | 94903 |
| Area | 699 Not Defined |
| Listing VS Median (in 94903) | |
Price: $2,675,000 low | high Med: $5,600,000 sqft: 4,914 low | high Med: 11,568 $ / sqft: $544 low | high Med: $484 On site: 75 low | high Med: 66 | |
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Learn More About This Property
| State | CA |
|---|---|
| County | Marin |
| City | San Rafael |
| Zip Code | 94903 |
| Area | 699 Not Defined |
| Listing VS Median (in 94903) | |
Price: $2,675,000 low | high Med: $5,600,000 sqft: 4,914 low | high Med: 11,568 $ / sqft: $544 low | high Med: $484 On site: 75 low | high Med: 66 | |