NOT LISTED FOR SALE

461 Cane St Larkspur, CA 94939

3 Beds
-- Bath
-- Sq Ft
1969 Built

Last Sold April 05, 2013

Last sale price $2,373,000

38 Days on Market

Highlights

  • View of Trees or Woods
  • Neil Cummins Elementary School Rated A
  • Carpet

About This Home

As of April 2013

10 units a block from historic downtown Larkspur. Located on part of the site of the famous Rose Bowl dance. Same family ownership since built in 1969; first time on market for sale. Mission style building w/red tile roof. Creekside setting in the Redwoods. Most apartments feature fireplaces and tall vaulted ceilings. Substantial upside potential in the rental income. Request full brochure for important additional property details.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 02/18/2013

Golden Gate Sotheby's

Last Buyer's Agent

Robert Ravasio

Coldwell Banker Realty License #01495983

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Property Views

  • Woods
  • Forest

Home Design

  • Concrete Foundation
  • Tile Roof

Flooring

  • Carpet

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 10 Units
  • Gross Income $171,600

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 020-271-02

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Downtown Larkspur, Cane Street one block.
  • CapRate: 4.30
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, LVYN
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Forest, Woods

Garage/Parking

  • Parking Features: Carport, Off Street

Utilities

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

Lot Info

  • Assessor Parcel Number: 020-271-02

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1969

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: see brochure
  • Number Of1 Bedrooms Occupied: 3
  • Number of 1 Bedroom Units: 3
  • Number of Studio Units: 7
  • NumberOfUnitsTotal: 10
  • Number Studios Occupied: 7
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Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $2,373,000 0.0% --
03/28/2013 03/28/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $2,373,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21303200

Bay Area Real Estate Information Services (BAREIS)