NOT LISTED FOR SALE
-- Bed
-- Bath
3,749 Sq Ft
7,046 Sq Ft Lot

Last Sold September 19, 2023

Last sale price $1,925,000 $513 Per Sq Ft

80 Days on Market

Highlights

  • No HOA
  • Coin Laundry
  • Wall Furnace
  • Mill Valley Middle School Rated A
  • Carpet

About This Home

As of September 2023

405 Maple Street is an exceptional investment opportunity in the heart of Tamalpias Valley. This fully leased 8-unit property offers eight well maintained 1-bedroom, 1-bathroom units, ensuring a steady stream of rental income. With dedicated parking and convenient onsite washer/dryers, this property offers convenience and comfort for both residents and property owners. Each unit is currently occupied, providing immediate cash flow and a hassle-free transition. Don't miss your chance to acquire this turnkey multifamily property in a prime location, poised to deliver outstanding returns and long-term value.

Last Agent to Sell the Property

Jerry Adamson

Ground Matrix License #01935945 Listed on: 06/27/2023

Last Buyer's Agent

Jerry Adamson

Ground Matrix License #01935945 Listed on: 06/27/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,046 Sq Ft Lot

Home Design

  • Frame Construction

Flooring

  • Carpet
  • Laminate

Parking

  • Carport
  • On-Street Parking

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 05024136

Community Details

Overview

  • No Home Owners Association
  • 3,749 Sq Ft Building
  • Bay East Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.16
  • Subdivision Name: Other
  • Directions: 1 Block off of Shoreline HWY
  • Carport Y N: Yes
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Basement: None
  • Other Equipment: Other
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Other
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carports - 2 Or More, On Street, Uncovered Park Spaces 2+

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Laundry Features: Coin Operated
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7046
  • Parcel Number: 05024136
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 1281
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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
02/04/2025 02/04/25 Off Market $1,925,000 -- --
09/19/2023 09/19/23 Sold $1,925,000 -7.2% $513 / Sq Ft
06/27/2023 06/27/23 For Sale $2,075,000 -- $553 / Sq Ft
Source: Bay East 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
2025 $46,193 $1,963,436 $765,000 $1,198,436
2024 $44,349 $1,925,000 $750,000 $1,175,000
2023 $31,390 $658,439 $149,403 $509,036
2022 $31,279 $645,594 $146,474 $499,120
2021 $31,718 $632,976 $143,595 $489,381
2020 $30,018 $626,520 $142,123 $484,397
2019 $27,203 $614,298 $139,336 $474,962
2018 $24,459 $602,317 $136,604 $465,713
2017 $21,451 $590,572 $133,926 $456,646
2016 $18,966 $579,057 $131,301 $447,756
2015 $17,619 $570,406 $129,328 $441,078
2014 $19,300 $559,297 $126,795 $432,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41031490

Bay East Association of REALTORS®

APN: 050-241-36