2 Shelley Dr | Mill Valley, CA 94941
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- LoopNet Team
2 Shelley Dr
Mill Valley, CA 94941
Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Irreplaceable Location in Southern Marin’s Most Exclusive Communities
- All Units Extensively Remodeled, Turnkey Investment Opportunity
- Significant Recent Capital Expenditures, Seismic Retrofit Completed in 2017
- Ideal Unit Mix of Twelve 2-Bdr/1-Bath, and Two 1-Bdr/1-Bath Apartments
- Tenant reimbursement program in place for water and garbage
- Excellent Demographics - Median household income $209,000 with single-homes averaging $2,545,281
PROPERTY FACTS
| No. Units | 14 | Building Size | 11,634 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | RM2 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 11,634 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | RM2 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Fireplace
- Views
- Deck
- Double Pane Windows
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $3,132 | 657 |
| 2+1 | 12 | $2,395 | 860 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,149,129 | |
| Land Assessment | $3,280,890 | Total Assessment | $6,430,019 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,280,890
Improvements Assessment
$3,149,129
Total Assessment
$6,430,019
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