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Strawberry Knoll Apartments 2 Multifamily Properties Offered at $13,000,000 in Mill Valley, CA



Investment Highlights
- Mill Valley is one of the most highly desirable and exclusive communities in the Bay Area
- Less than 500 New units delivered in the last 20+ years
- Significant capital has been invested across the asset, with approximately $2.5 million spent on comprehensive renovations and upgrades
- Significant value add opportunity
Executive Summary
Strawberry Knoll Apartments at 19 Knoll Lane & 1030 Redwood Highway Frontage Road, a rare multifamily investment opportunity located in the world-renowned city of Mill Valley. Constructed in 1957 & 1964 and remodeled in 2021, this well-maintained asset offers a unique opportunity to acquire a multifamily property in one of the Bay Area’s most prestigious and desirable Marin County locations.
The asset consists of two well-maintained multifamily buildings totaling 24 units across (2) contiguous, individual parcels totaling .75 acres. The unit mix includes (15) one-bedroom units (avg. 595 SF) and (9) two-bedroom units (avg. 894 SF) with the opportunity to add (1) 1-bedroom unit. On-site amenities include assigned (covered & uncovered) parking for each unit, a swimming pool, BBQ area, a newly remodeled lounge space, and in-unit laundry for select units at 19 Knoll Lane. 1030 Redwood Hwy Frontage Rd provides storage space and an on-site laundry facility adding convenience for tenants.
Ideally located, the property offers easy access to over 175,000 SF of retail, dining, and attractions at Strawberry Village. Highway 101 provides a quick commute to San Francisco. The area is known for its scenic beauty, top schools like Tamalpais High, and vibrant community.
With its prime location, desirable amenities, and strong tenant demand, this property presents a compelling investment opportunity in one of Marin County’s most sought-after submarkets.
The asset consists of two well-maintained multifamily buildings totaling 24 units across (2) contiguous, individual parcels totaling .75 acres. The unit mix includes (15) one-bedroom units (avg. 595 SF) and (9) two-bedroom units (avg. 894 SF) with the opportunity to add (1) 1-bedroom unit. On-site amenities include assigned (covered & uncovered) parking for each unit, a swimming pool, BBQ area, a newly remodeled lounge space, and in-unit laundry for select units at 19 Knoll Lane. 1030 Redwood Hwy Frontage Rd provides storage space and an on-site laundry facility adding convenience for tenants.
Ideally located, the property offers easy access to over 175,000 SF of retail, dining, and attractions at Strawberry Village. Highway 101 provides a quick commute to San Francisco. The area is known for its scenic beauty, top schools like Tamalpais High, and vibrant community.
With its prime location, desirable amenities, and strong tenant demand, this property presents a compelling investment opportunity in one of Marin County’s most sought-after submarkets.
Property Facts
| Price | $13,000,000 | Number of Properties | 2 |
| Price / SF | $889.80 / SF | Individually For Sale | 0 |
| Cap Rate | 4.34% | Total Building Size | 14,610 SF |
| Sale Type | Investment | Total Land Area | 1.17 AC |
| Status | Active |
| Price | $13,000,000 |
| Price / SF | $889.80 / SF |
| Cap Rate | 4.34% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,610 SF |
| Total Land Area | 1.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Strawberry Knoll Apartments
19 Knoll Ln, Mill Valley, CA 94941 |
Multifamily | 8,130 SF | 1958 | - |
| 1030 Redwood Hwy Frntg Rd, Mill Valley, CA 94941 | Multifamily | 6,480 SF | 1958 | - |
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