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164 Almonte Boulevard

Mill Valley, CA 94941
  • $3,500,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 322045982
UPDATED: 16 min ago
$3,500,000
  • 7
    BEDS
  • 0.22
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,429
    SQFT
  • $790
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Nestled in a sunny grouping of redwoods and palms trees, this triplex is not to be missed. The well-maintained property offers a detached home, plus 2 English-style townhomes and 2 studios. The location of this Mill Valley property is ideal, with public transportation and Hwy 101 nearby. The remodeled one-story vintage residence has 3BR/2Baths, FP, one car garage and private fenced yard, and would be a nice home to live in, with the rental income to offset the cost of ownership. Built in 1992, each upgraded townhome has 2BR/1.5 Baths, FP, in-unit laundry, and 2 Car parking, plus a separate lower-level studio with 2 Rooms/Bath for a home office/guest suite. Application has been submitted to create a legal ADU with one of the studios, with the second ADU by the new owner. An investment in this high-rent marketplace allows the investor the opportunity to bring low rents to market rent and increase future cash flow, while adding potential income with the creation of 2 legal ADU units.

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2022-06-25T17:57:09.067.
www.showcaseproperties.com/homes/129033772
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164 Almonte Boulevard Mill Valley, CA 94941

  • Price: $3,500,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 16 min ago
  • ID#: 322045982
7
Beds
6
Baths
0
½ Baths
0.22
Acres
4,429
SQFT
$790
$/SQFT
Neighborhood:
Mill Valley
County:
Marin
Area:
Mill Valley
Property Description
Nestled in a sunny grouping of redwoods and palms trees, this triplex is not to be missed. The well-maintained property offers a detached home, plus 2 English-style townhomes and 2 studios. The location of this Mill Valley property is ideal, with public transportation and Hwy 101 nearby. The remodeled one-story vintage residence has 3BR/2Baths, FP, one car garage and private fenced yard, and would be a nice home to live in, with the rental income to offset the cost of ownership. Built in 1992, each upgraded townhome has 2BR/1.5 Baths, FP, in-unit laundry, and 2 Car parking, plus a separate lower-level studio with 2 Rooms/Bath for a home office/guest suite. Application has been submitted to create a legal ADU with one of the studios, with the second ADU by the new owner. An investment in this high-rent marketplace allows the investor the opportunity to bring low rents to market rent and increase future cash flow, while adding potential income with the creation of 2 legal ADU units.
Exterior Features

Architectural Style EnglishTraditional Carport Spaces 0 Covered Spaces 0 Exterior Features Fenced YardYard Space Independent Parking Spaces 0 Lot Features Private Open Parking Spaces 0 Parking Features GarageGuest Parking AvailableOff Street Parking Total 8 Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 0 2 Bedroom Units Total 2 3 Bedroom Units Total 1 4 Bedroom Units Total 0 Appliances DishwasherDisposalFree Standing Gas OvenFree Standing Gas RangeFree Standing RefrigeratorGas Cook TopGas Water HeaterInsulated Water HeaterMicrowave Commercial Units Total 0 Cooling None Flooring CarpetMarbleSimulated WoodVaries By UnitWood Heating CentralGas Interior Features Storage Area(S) Laundry Features In Each Unit Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 188400 Property Sub Type Triplex Property Type Residentialincome Security Features Carbon Mon DetectorFire AlarmSmoke Detector Separate Meters Varies By Unit Sewer Public Sewer Subtype Description House(S)Townhouses Water Source Public

Listing information © 2022 Bay Area Real Estate Information Services.
Listing courtesy of Mj Roney of Golden Gate Sotheby's International Realty.


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2022-06-25T17:57:09.067.
 
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