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.
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 property with a total of 8 units
Cap rate reported at 5.45%
Bedrooms
Contains units with varying bedroom counts, including 1-bedroom and 2-bedroom units
Heating & cooling
Wall furnace heating
Heating present
Exterior features
Large lot of approximately 21,804 square feet
Home design
Commercial residential multi-unit building (5+ units)
Built in 1960
Parking
8 total parking spaces
Construction
Building area approximately 4,914 square feet
Utilities
Public water
Public sewer
Financial info
Annual tax amount reported (not included per instructions)
Cap rate 5.45%
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82053545
Sep 17, 2026
Relisted
—
Jul 8, 2026
Listed
$2,675,000
$544/sq ft
Public Records
Jun 16, 2026
Sold
$2,325,000
$473/sq ft
SHOWMOJO #4
Apr 19, 2026
Rental Removed
$2,295
$0/sq ft
Apr 13, 2026
Listed for Rent
$2,295
$0/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82023819
Apr 9, 2026
Listing Removed
—
SHOWMOJO #1
May 5, 2026
Rental Removed
$2,295
$0/sq ft
Apr 29, 2026
Listed for Rent
$2,295
$0/sq ft
Apr 12, 2026
Rental Removed
$2,295
$0/sq ft
Mar 13, 2026
Price Changed
$2,295
$0/sq ft
Mar 7, 2026
Price Changed
$2,325
$0/sq ft
Nov 11, 2025
Listed for Rent
$2,345
$0/sq ft
Sep 5, 2024
Rental Removed
$2,195
$0/sq ft
Aug 14, 2024
Price Changed
$2,195
$0/sq ft
Jul 26, 2024
Listed for Rent
$2,295
$0/sq ft
RENTALBEAST #3
Sep 21, 2024
Rental Removed
$2,195
$0/sq ft
Sep 11, 2024
Listed for Rent
$2,195
$0/sq ft
RENTALBEAST #2
Sep 26, 2024
Rental Removed
$2,195
$0/sq ft
Sep 5, 2024
Listed for Rent
$2,195
$0/sq ft
Public Records
May 22, 2014
Sold
$1,775,000
$361/sq ft
Public Records
Sep 14, 2005
Sold
$1,435,000
$292/sq ft
Public Records
Mar 27, 2003
Sold
$1,088,000
$221/sq ft
Public Records
Dec 24, 1986
Sold
$461,290
$94/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$49,414 (+3.8%)
$1,816,998 + $890,505
$2,707,503
2024
$47,611 (+2.7%)
$1,963,220 + $962,296
$2,925,516
2023
$46,360 (+6.8%)
$1,924,740 + $943,434
$2,868,174
2022
$43,391 (−4.7%)
$1,887,000 + $924,936
$2,811,936
2021
$45,524 (+1.5%)
$1,850,000 + $906,800
$2,756,800
2020
$44,845 (+3.8%)
$1,846,096 + $1,072,190
$2,918,286
2019
$43,194 (+1.3%)
$1,827,174 + $1,061,200
$2,888,374
2018
$42,657 (+4.0%)
$1,791,360 + $1,040,400
$2,831,760
2017
$41,017 (+35.8%)
$1,721,800 + $1,000,000
$2,721,800
2016
$30,193 (+6.0%)
$1,721,800 + $1,000,000
$2,721,800
2015
$28,493 (+38.3%)
$1,102,839 + $731,912
$1,834,751
2014
$20,606 (+2,251.2%)
$540,000 + $656,800
$1,196,800
2013
$876 (−95.4%)
$540,000 + $656,800
$1,196,800
2012
$19,037 (+2.2%)
$500,000 + $596,800
$1,096,800
2011
$18,633 (−18.5%)
$500,000 + $596,800
$1,096,800
2010
$22,857 (+3.9%)
$600,000 + $696,800
$1,296,800
2009
$22,007 (+10.1%)
$677,555 + $838,262
$1,515,817
2008
$19,985
$679,168 + $840,258
$1,519,426
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
1972
Finished Sq. Ft.
4,914
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,914
Year built
1960
Style
Multi-Family (5+ Unit)
County
Marin County
APN
179-222-15
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 2026.
HR1.8
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
Jul 5, 2025 • Final
Plumbing
Remove and replace gas water heaters in the laundry room with new units of the same type.
Plumbing
Water heater
Feb 10, 2025 • Final
Mechanical residential
Install a new furnace in the existing location.
HVAC
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
0.31% chance of being in a wildfire in next 30 years
2/10 Heat Factor
6 days above 88° expected this year, 14 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
88/ 100
Very good sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in San Rafael. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7 Merrydale Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More