NOT LISTED FOR SALE
3 Beds
3 Baths
15,800 Sq Ft
0.78 Acre Lot

Sale Details

Date Sold: April 11, 2022

Last sale price $9,400,000 $595 Per Sq Ft

36 Days on Market

Highlights

  • 0.78 Acre Lot
  • Central Heating
  • Laundry Facilities
  • Mill Valley Middle School Rated A

About This Home

As of April 2022

Strawberry Knoll Apartments is a legacy investment opportunity in Southern Marin, tucked behind the Strawberry Village shopping center in Mill Valley. The property offers 21 beautiful apartment homes in two buildings that sit on separate, but adjacent parcels. The property has been beautifully maintained and 13 of the apartments have been remodeled with luxury finishes. There is a remodeled pool and garden courtyard that sits between the two buildings offering an oasis for tenants to enjoy. There is off-street parking for up to 28 cars and an on-site laundry facility. The location is excellent, just a stroll to Strawberry Village, and easy access to Hwy 101. Most of the units have below market rents providing a new investor with future upside. This is truly a rare opportunity to acquire a one-of-a-kind investment property in Southern Marin.

Last Agent to Sell the Property

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 02/09/2022

Last Buyer's Agent

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 02/09/2022

Property Details

Home Type

  • Multi-Family

Lot Details

  • 33,977 Sq Ft Lot

Home Design

Interior Spaces

  • 3 Bedrooms
  • 15,800 Sq Ft Home
  • 3-Story Property
  • Leased Washer and Dryer

Parking

  • 16 Open Parking Spaces
  • 28 Parking Spaces
  • 12 Carport Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 043-011-21

Community Details

Overview

  • 2 Buildings
  • 21 Units

Additional Features

  • Laundry Facilities
  • Gross Income $595,020

Property Details

Home Type

Multi-Family

Lot Details

0.78 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: South on Reed Blvd, East on Knoll Ln.
  • Lot Size Acres: 0.7800
  • Stories: 3
  • CapRate: 3.72
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Price Per Square Foot: 594.94
  • Square Footage: 15800.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: None

Garage/Parking

  • Parking Features: Covered, Off Street, Uncovered
  • Total Parking Spaces: 28.00
  • Carport Spaces: 12.00
  • OpenParkingSpaces: 16.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased

Lot Info

  • Assessor Parcel Number: 043-011-21
  • Lot Size Sq Ft: 33977.00

Multi Family

  • One Bedroom Annual Occupancy: 97
  • 1 Bedroom Rent Range: 1780-2295
  • Two Bedroom Annual Occupancy: 97
  • Two Bedroom Rent Range: 2430-2900
  • Number Of1 Bedrooms Occupied: 13
  • Number of 1 Bedroom Units: 13
  • Number Of2 Bedrooms Occupied: 8
  • NumberOfUnitsTotal: 21

MLS Schools

  • School District (County): Marin
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $9,400,000 +0.2% $595 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $9,380,000 -- $594 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $84,444 $6,496,795 $2,188,725 $4,308,070
2024 $79,950 $6,216,184 $2,145,825 $4,070,359
2023 $68,794 $5,182,604 $2,103,750 $3,078,854
2022 $32,427 $1,948,198 $583,497 $1,364,701
2021 $32,014 $1,910,075 $572,058 $1,338,017
2020 $31,964 $1,890,527 $566,193 $1,324,334
2019 $30,424 $1,853,536 $555,093 $1,298,443
2018 $27,862 $1,817,269 $544,211 $1,273,058
2017 $26,680 $1,781,713 $533,542 $1,248,171
2016 $24,867 $1,746,855 $523,082 $1,223,773
2015 $24,658 $1,720,672 $515,226 $1,205,446
2014 $23,734 $1,687,037 $505,133 $1,181,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322012195

Bay Area Real Estate Information Services (BAREIS)

APN: 043-011-21

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