NOT LISTED FOR SALE
16 Beds
-- Bath
6,476 Sq Ft
11,099 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $4,192,000 $647 Per Sq Ft

21 Days on Market

Highlights

  • Corner Lot
  • Mill Valley Middle School Rated A
  • Coin Laundry

About This Home

As of January 2022

401 Ash Street is a 10-unit Multifamily investment opportunity located in Mill Valley, CA. The asset is comprised of four X 1-bedroom, 1-bathroom units, and six X two-bedroom, 1-bathroom units. Built in 1958/1970, the 6,476 Sq. Ft. two-story structure is situated on Ash Street on a 11,097 Sq. Ft. lot. The property consists of 15 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 Mill Valley property provides tenants with easy access to a safe, suburban community with proximity to the city and the nature that surrounds it. Mill Valley was voted one of the top 100 cities to live in by Money Magazine due to the shops, entertainment, restaurants, art galleries, and culture that the downtown area has to offer to its residents. Additionally, Marin County is home to the best public school system in the State of California and is ranked 5th in the nation according to niche.com.

Last Agent to Sell the Property

Keith Manson

Cushman & Wakefield License #DRE #01490046 Listed on: 11/22/2021

Last Buyer's Agent

Mark Vasquez

Mark Vasquez License #01236949

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 6,476 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 15 Parking Spaces
  • Open Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 10 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 050-242-23

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Property Condition: Varies By Unit
  • Levels: Two
  • Stories: 2
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Basement: None
  • Laundry Features: Coin Operated, In Each Unit
  • Price Per Square Foot: 647.31
  • Square Footage: 6476.00

Exterior Features

  • Foundation: See Remarks
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Parking Features: Open, See Remarks
  • Total Parking Spaces: 15.00

Utilities

  • Cooling: See Remarks
  • Heating: Gas, Wall Furnace
  • Sewer: See Remarks
  • Water Source: See Remarks

Lot Info

  • Assessor Parcel Number: 050-242-23
  • Lot Features: Corner
  • Lot Size Acres: 0.2548
  • Lot Size Sq Ft: 11097.00
  • Lot Size Units: SqFt
  • Price Per Acre: 16452119.31

Building Info

  • Number of Units Total: 10

Multi Family

  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • Number Of1 Bedrooms Occupied: 4
  • Number Of2 Bedrooms Occupied: 6
  • Separate Meters: Electricity, Gas, Water
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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 Prior Sale
01/05/2022 01/05/22 Sold $4,192,000 -1.4% $647 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $4,250,000 +13.9% $656 / Sq Ft
05/04/2016 05/04/16 Sold $3,730,000 0.0% $569 / Sq Ft View Prior Sale
05/04/2016 05/04/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $3,730,000 -- $569 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

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
2022 $2,160 $111,550 $111,550 --
2021 $2,125 $109,363 $109,363 $0
2020 $2,098 $108,242 $108,242 $0
2019 $2,133 $106,120 $106,120 $0
2018 $1,727 $104,040 $104,040 $0
2017 $1,700 $102,000 $102,000 $0
2016 $1,126 $54,519 $54,519 $0
2015 $1,141 $53,700 $53,700 $0
2014 $1,062 $52,649 $52,649 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 321109294

San Francisco Association of REALTORS®

APN: 050-242-21

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