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401 Ash St

Tamalpais-Homestead Valley CA 94941

16
2
15
6476 sq. ft.
13704 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

16 bedrooms
2 bathrooms
15 carspaces
6476 sq. ft. floor area
13704 sq. ft. lot size
Multi-Family

Property history for 401 Ash St

2022
Sold
$4,192,000
05 Jan 2022 by Keith Manson, of CBRE
2016
Sold
$3,730,000
04 May 2016 by Erich Reichenbach, of Marcus & Millichap
2016
Sold
$3,730,000
04 May 2016

Happy sellers in Tamalpais-Homestead Valley

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Local market activity for 16 bedroom multi families in Tamalpais-Homestead Valley

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