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Edwin A Alvarado

edwin.alvarado@lptrealty.com +1(707) 738-5803

Listed by John W Garrett Marcus & Millichap Real Estate Investment Services, Inc.

$ 11,500,000

Est. payment | -/mo

9,296 SqFt

Save

$ 11,500,000

Est. payment | -/mo

Save

9,296 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,296 sqft

Price per Sqft $1,237

MLS Listing ID 326077866

HOA Y/N No

Year Built 1964

Lot Size 0.379 Acres

Acres 0.3788

Property Sub-Type 5 or More Units

Property Description

Strawberry Knoll Apartments consists of 24 apartments across two buildings on adjoining parcels in Mill Valley. The property is located 2.5 blocks from the Strawberry Village shopping center with convenient access to Highway 101 and nearby recreation. 13 units have been renovated to luxury condo-quality condition. The remaining units have some upgraded finishes and are in generally good to excellent condition. The property has been well maintained, with improvements including plumbing upgrades, a remodeled swimming pool, recent exterior paint, and SB721 repairs. The unit mix includes nine spacious two-bedroom apartments and fifteen one-bedroom apartments. Select residences feature in-unit laundry, vaulted ceilings, remodeled kitchens and bathrooms, and private patios or balconies. Common amenities include a landscaped garden courtyard, swimming pool, shared laundry room, and shaded barbecue area for tenant use. This is a generational investment opportunity ideal for a 1031 exchange buyer, or an investor looking to capitalize on the spillover effect created by the robust San Francisco rental market.

Location

State CA

County Marin

Area Mill Valley

Rooms

Basement None

Interior

Heating Central, Heat Pump, Wall Furnace

Cooling Ceiling Fan(s), Central Air, Heat Pump

Laundry Coin Operated, Common Area, Washer/Dryer Leased, Washer/Dryer Owned

Exterior

Carport Spaces 12

Waterfront Description Public

Total Parking Spaces 25

Private Pool No

Building

Lot Description Garden

Sewer Public Sewer

Water Public

Schools

School District Marin

Others

Tax ID 04301121

Special Listing Condition Standard

Bay Area Real Estate Info Services (BAREIS)

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(707) 738-5803

edwin.alvarado@lptrealty.com

19 Knoll LN Mill Valley, CA 94941