862 E Blithedale Avenue

    Mill Valley, CA 94941
    • $2,750,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: 21821051
    UPDATED: 29 min ago
    $2,750,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,955
      SQFT
    • $931
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2016
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Modern Dwell style duplex (2 units with 3 bd/2.5 ba each) rental investment property constructed in 2016 using innovative factory modular construction. Convenient Mill Valley location with easy commute into San Francisco. Fully rented since completion with no tenant turnover. Ample parking. Low maintenance finishes. 25 Year Roof Warranty. All utilities separately metered and paid by tenants. A great long term, easy ownership investment!

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    © 2018 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: 2018-09-23T06:57:25.887.
    www.showcaseproperties.com/homes/86535379

    862 E Blithedale Avenue Mill Valley, CA 94941

    • Price: $2,750,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 21821051
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,955
    SQFT
    $931
    $/SQFT
    2016
    Built
    Neighborhood:
    Mill Valley
    County:
    Marin
    Area:
    Mill Valley
    School District:
    Mill Valley
    Property Description
    Modern Dwell style duplex (2 units with 3 bd/2.5 ba each) rental investment property constructed in 2016 using innovative factory modular construction. Convenient Mill Valley location with easy commute into San Francisco. Fully rented since completion with no tenant turnover. Ample parking. Low maintenance finishes. 25 Year Roof Warranty. All utilities separately metered and paid by tenants. A great long term, easy ownership investment!
    Exterior Features

    Drainage Storm DrainOther Exterior Fiber CementWood Siding Foundation Construct Concrete PerimeterReinforced Concrete Garage Parking 4-7 Cars Lot Description UpslopeLevel Pool No Roof Other Style Modern/Hi-Tech Type Duplex View Yes Views Hills Yard Grounds Fenced YardPatio(S)Rear LandscapedSidewalkSprinkler AutomaticYard Space

    Interior Features

    Basement UnfinishedOther Energy Conservation Ceiling InsulationDual Pane WindowsFloor InsulationLow E WindowsLow-Flow ToiletWall Insulation Fireplace No Floors TileW/W CarpetWood Laundry Appliance In Each Unit Unit1 Access Feat Parking Unit1 Approx Sq Ft 1477 Unit1 Baths Full 2 Unit1 Bedrooms 3 Unit1 Half Baths 1 Unit1 Includes 220 WiringCable TvCentral HeatCarpetsDishwasherGasMicrowaveOven/RangePatio(S)Private YardRefrigeratorStorageView(S)Washer/DryerWasher/Dryer HookupsWindow Covers Unit1 Sq Ft Source Owner Unit1 Total Rooms 6 Unit2 Access Feat Parking Unit2 Approx Sq Ft 1477 Unit2 Baths Full 2 Unit2 Bedrooms 3 Unit2 Half Baths 1 Unit2 Includes 220 WiringCable TvCentral HeatCarpetsDishwasherGasMicrowaveOven/RangePatio(S)Private YardRefrigeratorStorageView(S)Washer/DryerWasher/Dryer HookupsWindow Covers Unit2 Sq Ft Source Owner Unit2 Total Rooms 6 Unit3 Approx Sq Ft 0 Unit3 Total Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 3.30 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 91995.26 Est Insurance Exp 1200.00 Est Maintenance Exp 2000.00 Est Management 0.00 Est Misc Expenses 1200.00 Est Taxes 16404.74 Est Total Annual Exp 20804.74 Est Utilities Exp 0.00 Expense Source Owner GRM 24.38 Gross Scheduled Inc 112800.00 Lot Size Source (Realist Public Rec) Monthly Expenses 1733.73 Monthly Income 9400.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc AccountingInsuranceLicense FeesMaintenanceTaxes/AssessmentsOther Pending Litigation No Planned Unit Develop No Projected Or Actual Actual Property Mgmt Co Owner Safety Security Carbon Mon DetectorFire SprinklerSmoke Alarms Seller Will Consider Owner Financing Separate Meters ElectricityGasWater Sewer Septic Sewer Public Special Zones Flood ZoneSee Natural Haz Disc Square Footage Source Realist Public Rec Tenant Pays Cable TvElectricityGarbageGasWater Transaction Type Sale Unit1 Date Lease Ex 2019-08-15 Unit1 Lease Term Lease > 1 Year Unit1 Rents For 55200.00 Unit2 Date Lease Ex 2019-08-31 Unit2 Lease Term Lease > 1 Year Unit2 Rents For 57600.00 Unit3 Rents For 0.00 Unit4 Rents For 0.00 Utilities Cable TvCable AvailableElectricPg&E Water Source Water-Public Year Built Source Owner Zoning Multi-Family

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of Mcarthur Love of Pacific Union International.


    © 2018 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: 2018-09-23T06:57:25.887.
     
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