107 Stadium Ave
Mill Valley, CA 94941
Multifamily Property For Sale · 3 Units

Retaining all the charm of a vintage San Francisco styled Victorian; these three units have been lovingly updated and remodeled through the years. Each apartment has its own private entrance and special individual setting. There is ample off-street parking. Located in a prime southern Marin location – the Almonte/Homestead Valley neighborhood of Mill Valley. The apartments are near shopping, public transportation and schools. Mill Valley’s shops, restaurants and shopping centers are only minutes away. The triplex features three very large and distinctive one-bedroom apartments. Each apartment has its own private entrance; one in front, one along the side and one in the back of the building. The site is wide enough to afford each apartment a private large outside deck area. While this is a sought-after rental property from tenants, it also offers an opportunity for an owner to occupy one apartment and rent out the others to keep down the cost of home ownership. The top two floors potentially combine to make a larger unit if needed (see floor plan). Overall, the property seems to be well cared for and in very good condition. Originally built in 1915, this triplex has experienced extensive remodeling and upgrading throughout is history. All the apartments are separately metered for PG&E. Tenants pay for their own PG&E with the exception on Unit #1 which also includes the outside lights and common laundry. This meter is paid by the owner. The electrical appears to have been upgraded with circuit breaker panels and newer wiring visible in the lower storage area. Insulation has been added and there is a soundproofing layer between the two floors. Each apartment has its own hot water heater. Apartment #1: Top floor front unit with tall ceilings, spacious living room with fireplace and vintage windows. Pleasant wooded views. Kitchen and bath have been recently remodeled. This apartment has use of the original garage which is now a storage area and common laundry room. Apartment #2: Mid-level apartment extensively remodeled in 2008/09. Bedroom with walk-in closet and French doors to a private deck. Updated kitchen and bath. Separate in-unit laundry room. This apartment has use of the garage. Apartment #3: Top floor unit with private entrance at the rear of the property. High ceilings and vintage windows with a garden setting and outlook.