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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Zillow last checked:
Listing updated:
Listed by:
Adam Foley02144332415-535-7414,
CBRE, Inc.408-453-7400
Source: MLSListings Inc,MLS#: ML82051074
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Heating
Electric
Cooling
Wall/Window Unit(s)
Features
Doors: Other
Interior area
Total structure area: 13,040
Total interior livable area: 13,040 sqft
Property
Parking
Parking features: Assigned
Has carport: Yes
Accessibility
Accessibility features: Other
Lot
Size: 1,840 Square Feet
Details
Parcel number: 01222207
Zoning: n/a
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
Materials
Foundation: Crawl Space
Roof: Flat, Bitumen
Condition
Year built: 1965
Utilities & green energy
Gas: IndividualGasMeters, PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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