NOT LISTED FOR SALE

801 Meadowsweet Dr Corte Madera, CA 94925

38 Beds
-- Bath
12,825 Sq Ft
0.59 Acres

Last Sold September 30, 2013

Last sale price $4,380,000 $342 Per Sq Ft

90 Days on Market

Highlights

  • 0.59 Acre Lot
  • View of Hills
  • Laundry Facilities
  • Neil Cummins Elementary School Rated A
  • Guest Parking
  • Carpet

About This Home

As of September 2013

The property is a 19-unit complex located in Corte Madera. The building is very conveniently located with close proximity to transportation, schools, dinning and outdoor activities. This investment offers a great unit-mix, location, attractive steady income and upside potential. As such, this property offers investors a compelling investment opportunity in the desirable Marin County market.

Last Agent to Sell the Property

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 06/19/2013

Last Buyer's Agent

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 06/19/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.59

Home Design

  • Concrete Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 12,825 Sq Ft Home
  • Carpet
  • Views of Hills

Parking

  • Guest Parking
  • Off-Street Parking

Additional Features

  • 0.59 Acre Lot
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 025-181-26

Community Details

Overview

  • 2 Buildings
  • 19 Units

Additional Features

  • Laundry Facilities
  • Gross Income $354,672

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Exit Hwy 101 Tamalpais Dr Lt Tamalpais Dr Lt Sanford St Lt Meadowsweet Dr
  • Lot Size Acres: 0.5916
  • CapRate: 4.50
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 341.52
  • Square Footage: 12825
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete
  • Roof: Tar/Gravel
  • View: Hills

Garage/Parking

  • Parking Features: Guest Parking Available, Off Street
  • Number Of Guest Spaces: 1

Utilities

  • Cooling: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Other
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 025-181-26
  • Lot Size Sq Ft: 25770

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1960

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $1,450-$1,615
  • Number Of2 Bedrooms Occupied: 19
  • NumberOfUnitsTotal: 19

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
09/30/2013 09/30/13 Sold $4,380,000 0.0% $342 / Sq Ft
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)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Erich Reichenbach

    Seller's Agent in 2013

    Erich Reichenbach

    Marcus & Millichap Real Estate

    (415) 625-2146

    13 Total Sales

    Erich Reichenbach
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21313952

Bay Area Real Estate Information Services (BAREIS)

APN: 025-181-26

California Marin County Corte Madera 94925

801 Meadowsweet Dr, Corte Madera, CA

Not Listed for Sale

MultiFamily

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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