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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 | $3,211,993 | |
| Land Assessment | $3,346,500 | Total Assessment | $6,558,493 |
Property Taxes
Parcel Numbers
Land Assessment
$3,346,500
Improvements Assessment
$3,211,993
Total Assessment
$6,558,493
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