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$3,500,000
164 Almonte Blvd, Mill Valley, CA 94941
0 Beds
0 Baths
4,429 SqFt

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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.
  • Price:
  • $3,500,000
  • Square Footage:
  • 4,429
  • Acreage:
  • 0.22
  • Listing ID #:
  • 322045982
  • Street Address:
  • 164 Almonte Blvd
  • City:
  • Mill Valley
  • State:
  • California
  • Postal Code:
  • 94941
  • County:
  • Marin
  • Community:
  • Mill Valley
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
School District: Mill Valley
  • Architecture Style:
  • English, Traditional
  • Building Condition:
  • Updated/Remodeled
  • Building Security:
  • Carbon Mon Detector, Fire Alarm, Smoke Detector
  • Exterior Features:
  • Fenced Yard, Yard Space
  • Flooring:
  • Carpet, Marble, Simulated Wood, Varies By Unit, Wood
  • Interior Features:
  • Storage Area(s)
  • Number Of Units:
  • 3
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 4429
  • Unit1 Bedrooms:
  • 3
  • Unit1 Features:
  • Remodeled Kitchen And Baths, Vintage Millwork, Private Fenced Yard, Decks, Garage. Below Market Rent
  • Unit1 Full Bathrooms:
  • 2
  • Unit1 Total Rooms:
  • 6
  • Unit2 Bedrooms:
  • 2
  • Unit2 Features:
  • Upgraded, Private Deck, In-Unit Laundry, 2 Car Parking, Includes Studio/Bath.
  • Unit2 Full Bathrooms:
  • 2
  • Unit2 Half Bathrooms:
  • 1
  • Unit2 Total Rooms:
  • 6
  • Unit3 Bedrooms:
  • 2
  • Unit3 Features:
  • Upgraded, Deck, In-Unit Laundry, Includes Studio/Bath. Long Term Tenant - Below Market Rent
  • Unit3 Full Bathrooms:
  • 2
  • Unit3 Half Bathrooms:
  • 1
  • Unit3 Total Rooms:
  • 6
  • Year Built Description:
  • Against Co. Policy
  • Gross Income:
  • 188400
  • Approximate Lot Size Range Source:
  • Assessor Auto-Fill
  • Lot Features:
  • Private
  • Lot Measurement Type:
  • Acres
  • Lot Square Footage:
  • 9374
  • On Market Date:
  • 2022-05-23
  • Originating Mls:
  • Bareis Mls
  • Price Per Acre:
  • 16263940.52
  • Price Per Square Foot:
  • 790.25
  • Laundry Description:
  • In Each Unit
  • Garage Parking Spaces:
  • 1
  • Parking Description:
  • Garage, Guest Parking Available, Off Street
  • Parking Spaces:
  • 8
  • Appliances:
  • Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Gas Water Heater, Insulated Water Heater, Microwave
  • Existing Water:
  • Public
  • Heating:
  • Central, Gas
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Courtesy of MJ Roney with Golden Gate Sotheby's International Realty
  • Copyright 2022, Bay Area Real Estate Information Services, Inc. All Rights Reserved. CABAREIS

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