19 Merrydale Road (the Property) is a multifamily asset built in 1965 situated on a generously sized lot and comprised of eighteen (18) units. The Property features a unit mix of twelve (12) one-bedroom/one-bathroom and six (6) 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. Marin Heights 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.
San Rafael Meadows-Merrydale, located between Downtown San Rafael and Terra Linda, is a residential and creekside San Rafael neighborhood with mid-century ranch homes and leafy open-space edges. The neighborhood’s character concentrates around the Civic Center Drive and North San Pedro Road corridor, where coffee counters, local eateries, and everyday services set a steady, lived-in rhythm. Marin County Civic Center anchors the landscape with Frank Lloyd Wright’s long, low lines and public plazas. China Camp State Park frames nearby weekends with bay trails and salt-marsh views. Streets read quiet and practical, with garages, low fences, and mature trees shaping the block-by-block feel.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Multi-unit building with 18 total units
Cap rate reported at 5.48%
Bedrooms
Unit mix includes 1-bedroom and 2-bedroom units
Heating & cooling
Wall furnace heating
Property has heating
Exterior features
Property sits on a 17,850 sq ft lot
Home design
Commercial residential multi-units (5+)
Built in 1962
Parking
Covered parking
Utilities
Public water
Public sewer
Financial info
Annual tax amount listed (excluded from detailed financial fields)
Investor-oriented property (multi-unit) — 18 units total and 5.48% cap rate
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82054661
Sep 3, 2026
Price Changed
$5,350,000
$462/sq ft
Jul 17, 2026
Listed
$5,600,000
$484/sq ft
Public Records
Jun 29, 2026
Sold
$4,341,000
$375/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82023815
Apr 9, 2026
Listing Removed
—
Public Records
Jan 31, 2018
Sold
$6,135,000
$530/sq ft
Public Records
Sep 21, 2016
Sold
$4,260,000
$368/sq ft
Public Records
Apr 2, 1986
Sold
$445,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$108,313 (+3.8%)
$2,127,418 + $3,703,721
$5,831,139
2024
$104,397 (+2.7%)
$2,366,476 + $4,120,427
$6,486,903
2023
$101,617 (+6.9%)
$2,320,092 + $4,039,665
$6,359,757
2022
$95,028 (−2.5%)
$2,274,600 + $3,960,456
$6,235,056
2021
$97,467 (+1.5%)
$2,230,000 + $3,882,800
$6,112,800
2020
$96,040 (+4.0%)
$2,575,366 + $3,865,992
$6,441,358
2019
$92,384 (+32.0%)
$2,548,979 + $3,826,383
$6,375,362
2018
$69,963 (+4.0%)
$2,499,000 + $3,751,355
$6,250,355
2017
$67,241 (+29.1%)
$2,500,000 + $1,752,800
$4,252,800
2016
$52,079 (+7.6%)
$2,500,000 + $1,752,800
$4,252,800
2015
$48,409 (+14.0%)
$1,662,278 + $1,370,746
$3,033,024
2014
$42,472 (−0.2%)
$1,450,000 + $1,182,800
$2,632,800
2013
$42,559 (+3.5%)
$1,450,000 + $1,182,800
$2,632,800
2012
$41,127 (−0.2%)
$1,385,000 + $1,122,800
$2,507,800
2011
$41,220 (−4.2%)
$1,300,000 + $1,122,800
$2,422,800
2010
$43,039 (+4.5%)
$1,400,000 + $1,112,800
$2,512,800
2009
$41,196 (+11.7%)
$1,524,499 + $1,220,446
$2,744,945
2008
$36,893
$1,528,128 + $1,223,351
$2,751,479
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
1970
Finished Sq. Ft.
11,568
Unfinished Sq. Ft.
—
Total Sq. Ft.
11,568
Year built
1962
Style
Multi-Family (5+ Unit)
County
Marin County
APN
179-222-17
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 2026.
HR1
Multifamily Residential Districts - High-Density
The high-density residential districts provide opportunities for high-density multifamily residential development.; High-density multifamily residential districts are included in the high-density residential land use category with densities ranging from 1,000 sq ft to 1,800 sq ft per dwelling unit.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Recreation
Park & open space
Apr 9, 2025 • Final
Encroachment online
Gas
Sep 19, 2016 • Final
Plumbing
Perform a retroactive replacement of a water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 88° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
15 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
San Rafael, CA • 94903
Average low and high temperatures (°F)
59
43
62
46
68
49
68
48
73
52
77
54
78
56
83
57
79
59
75
54
62
49
56
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 19 Merrydale
There isn’t enough information to generate an accurate estimate at this time. Learn More