$2,700,000
PENDING

135 Redwood Ave Corte Madera, CA 94925

Estimated payment $16,959/month

Total Views 8,104
3 Beds
3 Baths
5,568 Sq Ft
$485 Price per Sq Ft

About This Home

This is a prime value add apartment investment opportunity in Corte Madera. Hampton Court is a boutique 8-unit property located just one block north of Tamalpais Drive and two blocks from Corte Madera Town Park, this pedestrian-friendly community offers an unbeatable blend of suburban tranquility and urban convenience. Residents enjoy easy access to local dining and retail within 1-3 blocks, while major shopping destinations, including high-end retailers and grocery stores, are less than a mile away. The property consists of two single-story buildings, each featuring four units with classic period details, including oak hardwood floors and vintage two-tone tile kitchen countertops and shower surrounds. The unit mix includes two 2-Bed/1-Bath units and six 1-Bed/1-Bath units. Rear alley access leads to covered parking for eight cars, enhancing convenience for tenants. Situated in one of the wealthiest counties in the country, this investment opportunity provides immediate cash flow with substantial upside in a high-demand rental market.

Listing Agent

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Irregular Lot

Home Design

  • Garden Apartment

Interior Spaces

  • 3 Bedrooms
  • 5,568 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter
  • Separate Water Meter

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 024-134-29

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Garden Apartments
  • Directions To Property: Use gps.
  • Lot Size Acres: 0.3417
  • Levels: One
  • Actual or Scheduled: Scheduled
  • Special Features: UnderContract

Interior Features

  • Square Footage: 5568.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Shape Irregular

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Carport Spaces: 8.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 024-134-29
  • Lot Size Sq Ft: 14884.00

Building Info

  • Year Built: 1950

Multi Family

  • Number of 1 Bedroom Units: 6
  • Number of 2 Bedroom Units: 2
  • NumberOfUnitsTotal: 8

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 Pending -- -- --
08/30/2025 08/30/25 Off Market $2,700,000 -- --
07/09/2025 07/09/25 Price Changed $2,700,000 -10.0% $485 / Sq Ft
04/17/2025 04/17/25 For Sale $3,000,000 -- $539 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325034065

Bay Area Real Estate Information Services (BAREIS)

APN: 024-134-29