135 Redwood Ave | Corte Madera, CA 94925
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- LoopNet Team
135 Redwood Ave
Corte Madera, CA 94925
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Prime Corte Madera Location – Just steps from shopping, dining, and Corte Madera Town Park, with major retail centers less than a mile away.
- Significant Value-Add Potential – Scheduled rents are approximately 26% below market, with seven long-term tenants offering upside upon turnover.
- Charming, Boutique Property – Single-story buildings with a central courtyard, featuring period details like oak hardwood floors and vintage tile fini
- Convenient Tenant Amenities – Pedestrian-friendly setting with rear alley access to covered parking for eight cars.
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 6,675 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | RM, Corte Madera | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 6,675 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RM, Corte Madera |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Recycling
- Smoke Free
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 024-134-29 | Improvements Assessment | $1,425,672 |
| Land Assessment | $937,776 | Total Assessment | $2,363,448 |
PROPERTY TAXES
Parcel Number
024-134-29
Land Assessment
$937,776
Improvements Assessment
$1,425,672
Total Assessment
$2,363,448
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