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    21-25 Millwood Street

    Mill Valley, CA 94941
    • $2,250,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: 22016703
    UPDATED: 42 min ago
    $2,250,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,983
      SQFT
    • $565
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    **Price Improvement** On the market for the first time in over 60 years, Millwood offers the opportunity to acquire a well-situated multifamily property in the heart of Mill Valley. The five-unit property consists of two joined buildings, with two large units in the southern building and three units in the northern building. Plumbing in the southern building has been upgraded to copper with modernized electrical service. Units 25 and 21B were once conjoined and were separated without a permit at some point in the past.

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    © 2020 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: 2020-09-20T21:55:53.663.
    www.teamobrienre.com/homes/108035740
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    21-25 Millwood Street Mill Valley, CA 94941

    • Price: $2,250,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 22016703
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,983
    SQFT
    $565
    $/SQFT
    1909
    Built
    Neighborhood:
    Mill Valley
    County:
    Marin
    Area:
    Mill Valley
    Elementary School:
    Park
    Middle School:
    Mill Valley
    High School:
    Tam High
    School District:
    Mill Valley
    Property Description
    **Price Improvement** On the market for the first time in over 60 years, Millwood offers the opportunity to acquire a well-situated multifamily property in the heart of Mill Valley. The five-unit property consists of two joined buildings, with two large units in the southern building and three units in the northern building. Plumbing in the southern building has been upgraded to copper with modernized electrical service. Units 25 and 21B were once conjoined and were separated without a permit at some point in the past.
    Exterior Features

    Carports 0 Drainage Storm Drain Exterior Stucco Foundation Construct Cc Perimeter Garages 1 Height Limit Unknown Location Other Lot Description Irregular On Site Parking Garage Open Uncovered Spaces 0 Roof CompositionShingle Rv Boat Spaces 0 Type 2 Story Underground Spaces 0 Yard Grounds Fenced YardFront Landscaped

    Interior Features

    Accessibility Feat None Energy Conservation Low-Flow ShowerLow-Flow Toilet Floors Part CarpetSimulated WoodTileVinyl/LinoleumWood Heat Cool Wall Furnace

    Property Features

    1 Bdrm Ann Occupancy 0.00 1 Bdrms Occupied 4 1 Bedroom Rent Range 1625-2300 1 Bedrooms 4 2 Bdrm Ann Occupancy 0.00 2 Bdrms Occupied 1 2 Bedroom Rent Range 2900 2 Bedrooms 1 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Projected Auction No Cap Rate 3.48 City Transfer Tax Yes City Transfer Tax Rate 0.00 Comm Units Rent Rang 0 Commercial Units 0 Common Int Dev No Est Insurance Exp 5000.00 Est Maintenance Exp 5000.00 Est Management 0.00 Est Misc Expenses 1800.00 Est Net Income 76620.00 Est Taxes 32457.00 Est Total Annual Exp 51420.00 Est Utilities Exp 7163.00 Expense Source Broker Furnished Units 0 GRM 17.57 Gross Scheduled Inc 128040.00 Guest Spaces 0 Laundry Appliance None Lease Deposit 0.00 Lease Terms Month To Month Lot Size Source (Realist Public Rec) Monthly Expenses 4285.00 Monthly Income 10670.00 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc ElectricityGarbageGasInsuranceJanitor ServicesLicense FeesMaintenanceMiscellaneousTaxes/AssessmentsWater Pending Litigation No Planned Unit Develop No Seller Will Consider Cash Only Separate Meters Electricity Sewer Septic Sewer Public Special Zones Unknown Square Footage Source Appraiser Studio Ann Occupancy 0.00 Studio Rent Range 0 Studios 0 Studios Occupied 0 Tenant Pays Cable TvElectricity Transaction Type Sale Utilities ElectricNatural GasPg&E Water Source Water-Public Year Built Source Realist Public Rec Zoning Rm 3.5

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Joseph Tapia of Joseph M Tapia, Broker.


    © 2020 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: 2020-09-20T21:55:53.663.
     
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