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.
For sale
Price cut: $210K (8/5)
$5,900,000
Sanrafael #D, San Rafael, CA 94901
3beds
2baths
13,040sqft
Five Or More Units, Residential Income
Built in 1965
-- sqft lot
$-- Zestimate®
$452/sqft
$-- HOA
What's special
Mature tree canopySingle three-story building
- 101 days
- 80
- 4
Zillow last checked:
Listing updated:
Listed by:
Adam Foley 02144332 415-535-7414,
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
Community & HOA
Location
- Region: San Rafael
Financial & listing details
- Price per square foot: $452/sqft
- Date on market: 6/15/2026
- Listing agreement: ExclusiveAgency
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $5,900,000-3.4%$452/sqft |
Source: | ||
| 6/15/2026 | Listed for sale | $6,110,000$469/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Country Club
Nearby schools
Schools provided by the listing agent
- District: SanRafaelCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





