$2,500,000

Estimated payment $15,767/month

Total Views 135
7 Beds
9 Baths
4,170 Sq Ft
$600 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Central Heating
  • Mill Valley Middle School Rated A
  • 8 Car Attached Garage
  • Baseboard Heating

About This Home

219 E Blithedale is a rare Mill Valley mixed use opportunity just blocks from downtown, offering prime location, modern construction, and multiple income streams. Two street-front office/retail spaces with excellent exposure. Two 2-bedroom apartments above, in a high-demand rental market. Standalone 3BR/2BA townhouse at the rear with separate covered parking. Exempt from Mill Valley soft story'' and State deck inspection laws. Separately metered PG&E for all units. Washer/Dryer hookups in each partment. Near-market rents with upside through future increases. 219 E Blithedale is a true pride of ownership building just blocks from downtown Mill Valley. Built in 1995, these are the original family owners and the first time on the market for sale. There are two buildings - one in front with two office/retail spaces and two large 2BR apartments above. Apartments and the retail spaces each have their own covered parking and additional storage areas. The apartments feature high ceilings, a large 7.5' x 19' deck, and interior washer and dryer hookups. There is a dining area off the kitchen. The kitchen includes a dishwasher. The building has dual pane windows and is fully fire sprinklered. The second building to the rear of the property is a standalone 3BR/2BA townhouse unit with three carport spaces, a living room fireplace and interior washer and dryer hookups. There is an oversized primary bedroom and bath or family room on the first level. There are two additional bedrooms and a bath on the second level. Tall 9' ceilings. With its superior condition and location, this asset is poised to attract strong interest.

Listing Agent

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 02/18/2026

Golden Gate Sotheby's

Co-Listing Agent

Pamela Burke

Golden Gate Sotheby's License #02156257

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 7,198 Sq Ft Lot
  • Corner Lot

Home Design

  • Contemporary Architecture
  • Mixed Use
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 7 Bedrooms
  • 4,170 Sq Ft Home
  • 2-Story Property
  • Fire Suppression System
  • Laundry in unit

Parking

  • 8 Car Attached Garage
  • 1 Open Parking Space
  • 7 Carport Spaces

Utilities

  • No Cooling
  • Central Heating
  • Baseboard Heating
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 028-025-08

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Gross Income $159,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

7,198 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Mixed Use
  • Directions To Property: E Blithedale exit of 101 to property. Blocks from downtown. Cross Street Dell.
  • Lot Size Acres: 0.1652
  • CapRate: 4.50
  • Levels: Two
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Number Commercial Units: 2
  • Reso Window Features: Dual Pane Full
  • Special Features: None

Interior Features

  • Square Footage: 4170.00
  • NumberOfBuildings: 2

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete Perimeter
  • Lot Features: Corner, Sidewalk
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Carport
  • Total Parking Spaces: 8.00
  • Carport Spaces: 7.00
  • OpenParkingSpaces: 1.00

Utilities

  • Cooling: Varies By Unit, None
  • Security Features: Fire Suppression System
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
  • Heating: Baseboard, Central, Varies By Unit
  • Laundry Features: In Each Unit, Varies By Unit
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 028-025-08
  • Lot Size Sq Ft: 7198.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1995

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 2950
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 3350
  • Number Of2 Bedrooms Occupied: 2
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 5

Map

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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 List to Sale Price per Sq Ft
02/18/2026 02/18/26 For Sale $2,500,000 -- $600 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326011994

Bay Area Real Estate Information Services (BAREIS)
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