801 Meadowsweet Dr Corte Madera, CA 94925
Estimated payment $51,102/month
Highlights
- 0.59 Acre Lot
- Mountain View
- Central Heating
- Neil Cummins Elementary School Rated A
- Garden
- Laundry Facilities
About This Home
The subject property is a well-located 19-unit apartment complex situated on approximately 0.59 acres in the highly desirable community of Corte Madera, California. The property features an appealing unit mix, consisting of eighteen two-bedroom, one-bathroom units and one two-bedroom, two-bath unit. All units enjoy access to on-site storage, outdoor space, including balconies or patios, a well-maintained common area, on-site laundry facilities, and landscaped grounds that contribute to a relaxed, residential atmosphere. The building is ideally positioned near major transportation routes, top-rated schools, dining, and abundant outdoor recreational opportunities. Ample tenant and guest parking further enhances the property's accessibility and convenience. 801 Meadowsweet Drive provides an attractive blend of stable income, future upside potential, and pride of ownership in a premier Marin County location. Given its strong unit mix, lifestyle appeal, and proximity to the natural beauty of Mt. Tamalpais and the broader North Bay, this asset presents an exceptional opportunity for both new and experienced multifamily investors seeking long-term value and growth.
Listing Agent
Marcus & Millichap Real Estate License #01860626 Listed on: 01/26/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960 | Remodeled
Lot Details
- 0.59 Acre Lot
- Garden
Property Views
- Mountain
- Mount Tamalpais
Interior Spaces
- 4 Bedrooms
- 16,237 Sq Ft Home
- 2-Story Property
Parking
- 19 Parking Spaces
- Uncovered Parking
Utilities
- No Cooling
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 025-181-26
Community Details
Overview
- 2 Buildings
- 19 Units
Additional Features
- Laundry Facilities
- Gross Income $637,020
Map
Home Values in the Area
Average Home Value in this Area
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 | $89,341 | $5,693,886 | $3,521,016 | $2,172,870 |
| 2024 | $83,035 | $5,582,416 | $3,451,992 | $2,130,424 |
| 2023 | $77,940 | $5,473,127 | $3,384,319 | $2,088,808 |
| 2022 | $77,450 | $5,365,969 | $3,317,966 | $2,048,003 |
| 2021 | $76,432 | $5,260,946 | $3,252,935 | $2,008,011 |
| 2020 | $76,513 | $5,207,090 | $3,219,586 | $1,987,504 |
| 2019 | $73,016 | $5,105,175 | $3,156,480 | $1,948,695 |
| 2018 | $72,645 | $5,005,254 | $3,094,608 | $1,910,646 |
| 2017 | $73,532 | $4,907,282 | $3,033,943 | $1,873,339 |
| 2016 | $69,910 | $4,713,174 | $2,974,456 | $1,738,718 |
| 2015 | $70,598 | $4,539,089 | $2,929,790 | $1,609,299 |
| 2014 | $66,820 | $4,380,000 | $2,872,400 | $1,507,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/26/2026 01/26/26 | For Sale | $8,500,000 | +94.1% | $523 / Sq Ft | |
| 09/30/2013 09/30/13 | Sold | $4,380,000 | 0.0% | $342 / Sq Ft | View Prior Sale |
| 09/17/2013 09/17/13 | Pending | -- | -- | -- | |
| 06/19/2013 06/19/13 | For Sale | $4,380,000 | -- | $342 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 326006128
APN: 025-181-26
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Ask me questions while you tour the home.