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Listing 3 out of 33
Sold for $2,500,000 Sold

862 East Blithedale Avenue
Mill Valley, CA 94941

2 units | Multi Family 2-4
7405 sq ft lot - MLS# 21821051
Property Photo

Sold

Sold for $2,500,000 on May 20, 2019

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!

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Unit 2-4
  • Listing Status: Sold
  • Listing Price: $2,595,000
  • County/Area: Marin County
  • Zip Code: 94941
  • Year Built: 2016
  • School District: Mill Valley
  • Sq.Ft.: 2,955 sq ft
  • Style: Modern/Hi-Tech
  • Units: 2 units
  • Basement: Unfinished, Other
  • Lot Size: 7405 sq ft lot
  • View: Hills, Yes
  • Zoning: multi-family
  • Area: Mill Valley
  • # of Buildings: 1
  • # of Stories: 2
  • Cap Rate: 3.30
  • Drainage: Storm Drain, Other
  • Energy Conservation: Ceiling Insulation, Dual Pane Windows, Floor Insulation, Low E Windows, Low-Flow Toilet, Wall Insulation
  • Est Ann Net Income: 91995.26
  • Est. Maintenance Exp: 2000.00
  • Est. Misc. Expenses: 1200.00
  • Expense Source: Owner
  • Exterior: Fiber Cement, Wood Siding
  • Floors: Tile, W/W Carpet, Wood
  • Foundation/Construct: Concrete Perimeter, Reinforced Concrete
  • Garage/Parking: 4-7 Cars
  • Gross Scheduled Inc: 112800.00
  • Laundry Appliance: In Each Unit
  • Lot Description: Upslope, Level
  • Lot Measurement: Acres
  • Lot Size Source: (Realist Public Rec)
  • Lot Size [SqFt]: 7288.00
  • Monthly Expenses: 1733.73
  • Monthly Income: 9400.00
  • Operating Exp Inc: Accounting, Insurance, License Fees, Maintenance, Taxes/Assessments, Other
  • Sale/Lease-Rent: Sale
  • Separate Meters: Electricity, Gas, Water
  • Sewer/Septic: Sewer Public
  • Square Footage Source: Realist Public Rec
  • Status Date: 2019-05-20
  • Tenant Pays: Cable TV, Electricity, Garbage, Gas, Water
  • Unit 1 Access Feat: Parking
  • Unit 1 Approx SqFt: 1477
  • Unit 1 Baths Full: 2
  • Unit 1 Bedrooms: 3
  • Unit 1 Date Lease Ex: 2019-08-15
  • Unit 1 Half Baths: 1
  • Unit 1 Includes: 220 Wiring, Cable TV, Central Heat, Carpets, Dishwasher, Gas, Microwave, Oven/Range, Patio(s), Private Yard, Refrigerator, Storage, View(s), Washer/Dryer, Washer/Dryer Hookups, Window Covers
  • Unit 1 Lease Term: Lease > 1 Year
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rents for: 55200.00
  • Unit 1 SqFt Source: Owner
  • Unit 1 Total Rooms: 6
  • Unit 2 Access Feat: Parking
  • Unit 2 Approx SqFt: 1477
  • Unit 2 Baths Full: 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Date Lease Ex: 2019-08-31
  • Unit 2 Half Baths: 1
  • Unit 2 Includes: 220 Wiring, Cable TV, Central Heat, Carpets, Dishwasher, Gas, Microwave, Oven/Range, Patio(s), Private Yard, Refrigerator, Storage, View(s), Washer/Dryer, Washer/Dryer Hookups, Window Covers
  • Unit 2 Lease Term: Lease > 1 Year
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rents for: 57600.00
  • Unit 2 SqFt Source: Owner
  • Unit 2 Total Rooms: 6
  • Utilities: Cable TV, Cable Available, Electric, PG&E
  • Water Source: Water-Public
  • Yard/Grnd: Fenced Yard, Patio(s), Rear Landscaped, Sidewalk, Sprinkler Automatic, Yard Space
  • Year Built Source: Owner
  • Sold Date: 2019-05-20
  • Sold Price: 2500000.00
Listing Courtesy Of Compass, McArthur Love

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Debbie Souza

Debbie Souza

RE/MAX Gold
Benicia, CA 94510

415-326-3343

707-718-8310
Contact Me
CA DRE# 01429641

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Debbie Souza | DRE# 01429641 | 415-326-3343 Direct | 707-718-8310 Cell | Contact Me
San Francisco Bay Area CA
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