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Listed by Mark L Vasquez Mark Vasquez
$4,795,000
Est. payment /mo
16 Beds
2 Baths
6,476 SqFt
New
401 Ash ST Mill Valley, CA 94941
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,476 sqft
Price per Sqft $740
MLS Listing ID 325074924
Bedrooms 16
Full Baths 2
HOA Y/N No
Year Built 1960
Lot Size 0.315 Acres
Acres 0.3146
Property Sub-Type Multi Family
Property Description
Pride of ownership ten (10) unit apartment building available for purchase in Mill Valley, CA comprised of four (4) 1 Bedroom, 1 Bathroom and six (6) 2 Bedroom, 1 Bathroom units. Ideal location and unit mix appealing to a broad range of renters. In-place rents are below market with an additional $250+ in renovation premiums providing a value-add investor immediate upside. Low maintenance and low expense building with all units separately metered for PG&E and Water. Fifteen (15) off street parking spaces and an open courtyard for tenants to enjoy. Located approximately 14 miles north of San Francisco, just across the Golden Gate Bridge, the property provides tenants with easy access to a safe, suburban community with proximity to the City and the nature that surrounds it. This is a great opportunity to purchase a turn key asset in one of Marin's most desirable rental locations.
Location
State CA
County Marin
Area Mill Valley
Interior
Heating Wall Furnace, Natural Gas, Individual
Cooling None
Fireplace No
Laundry Coin Operated
Exterior
Total Parking Spaces 15
Building
Lot Description Irregular Lot
Sewer Public Sewer
Water Separate Meter, Water District
Level or Stories Two
New Construction Yes
Schools
School District Marin
Others
Tax ID 05024232
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
