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    2088 Paradise Drive

    Tiburon, CA 94920
    • $1,800,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: 22024751
    UPDATED: 175 min ago
    $1,800,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,100
      SQFT
    • $1,636
      $/SQFT
    Neighborhood:
    Tiburon
    Type:
    Multi-Family
    Built:
    1939
    County:
    Marin
    Area:
    Tiburon

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    Description

    A waterfront duplex with private beach just blocks from downtown Tiburon set amongst $5,000,000+ properties. Spectacular views across Racoon Straits to Angel Island. Value is in the land. Rent out while holding property for future appreciation or rent out while you get your plans approved for a new dream home or expansion on the existing. Remodel to create your Pied-a-tier with an additional unit to rent out or for guests. The existing tenant has just moved out and the duplex is available for sale now before scheduled clean up, painting and staging if you have vision enough to see past the work needed. The property was built in approximately 1939 and is currently configured as a duplex with a 1BR apartment on the top floor and another 1BR apartment below. There is a stairway joining the two units making the floorplan also suitable for a single-family home. Duplicate listing to res MLS #22024616.

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    © 2021 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 Zephyr Real Estate. Data last updated: 2021-01-18T23:55:57.047.
    www.teamobrienre.com/homes/110964838
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    2088 Paradise Drive Tiburon, CA 94920

    • Price: $1,800,000
    • Status: Active
    • Updated: 175 min ago
    • ID#: 22024751
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1,100
    SQFT
    $1,636
    $/SQFT
    1939
    Built
    Neighborhood:
    Tiburon
    County:
    Marin
    Area:
    Tiburon
    Property Description
    A waterfront duplex with private beach just blocks from downtown Tiburon set amongst $5,000,000+ properties. Spectacular views across Racoon Straits to Angel Island. Value is in the land. Rent out while holding property for future appreciation or rent out while you get your plans approved for a new dream home or expansion on the existing. Remodel to create your Pied-a-tier with an additional unit to rent out or for guests. The existing tenant has just moved out and the duplex is available for sale now before scheduled clean up, painting and staging if you have vision enough to see past the work needed. The property was built in approximately 1939 and is currently configured as a duplex with a 1BR apartment on the top floor and another 1BR apartment below. There is a stairway joining the two units making the floorplan also suitable for a single-family home. Duplicate listing to res MLS #22024616.
    Exterior Features

    Exterior Fiber CementShingle Foundation Construct Cc PerimeterPillars/PostNone Garage Parking On StreetNone Lot Description DownslopeBayfrontWaterfront Pool No Roof Composition Style BungalowCape Cod Type 2 Story View Yes Views PanoramicWater Yard Grounds Deck(S)

    Interior Features

    Basement Partial Fireplace Yes Floors Wood Laundry Appliance Common Room Unit1 Approx Sq Ft 0 Unit1 Baths Full 1 Unit1 Bedrooms 1 Unit1 Half Baths 0 Unit1 Includes Balcony/DeckFireplaceOven/RangeRefrigeratorView(S)Wall Furnace Unit1 Sq Ft Source Not Measured Unit1 Total Rooms 3 Unit2 Approx Sq Ft 0 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes Balcony/DeckFireplaceFloor FurnaceRefrigeratorView(S) Unit2 Sq Ft Source Not Measured Unit2 Total Rooms 3 Unit3 Approx Sq Ft 0 Unit3 Total Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Total Rooms 0

    Property Features

    Auction No Cap Rate 0.00 City Transfer Tax No City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 45300.00 Est Insurance Exp 2500.00 Est Maintenance Exp 3800.00 Est Management 0.00 Est Misc Expenses 0.00 Est Taxes 23400.00 Est Total Annual Exp 29700.00 Est Utilities Exp 0.00 Expense Source Broker GRM 24.00 Gross Scheduled Inc 75000.00 Monthly Expenses 2475.00 Monthly Income 6250.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc InsuranceMaintenanceTaxes/Assessments Planned Unit Develop No Projected Or Actual Projected Separate Meters ElectricityGasWater Sewer Septic Sewer Public Special Zones Flood Insurance Req Square Footage Source Not Verified Tenant Pays ElectricityGarbageGasWater Transaction Type Sale Unit1 Rents For 3225.00 Unit2 Rents For 2993.00 Unit3 Rents For 0.00 Unit4 Rents For 0.00 Utilities Pg&E Water Source Water-Public Year Built Source Other Zoning R2

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of Michael Burke of Golden Gate Sotheby's International Realty.


    © 2021 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 Zephyr Real Estate. Data last updated: 2021-01-18T23:55:57.047.
     
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