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listing
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Residential IncomeFor Sale
$2,999,000
164 Almonte Boulevard
Mill Valley, CA 94941
Courtesy of Golden Gate Sotheby's International Realty - MJ Roney
MLS: BAREIS MLS
7Baths
4,429Sq Ft
Est. Mortgage
$15,580/mo

This well-maintained property offers a detached vintage home, 2 English-style townhomes, and 2 studios, with application submitted to create a legal ADU for one studio and the potential of an additional unit by the new owner. The remodeled one-story vintage residence has 3BR/2Baths, FP, one car garage and private fenced yard, and would be a fine home to live in, with the rental income to offset the cost of ownership. Built in 1992, each upgraded townhome has 2BR/ 1.5 Baths, FP, in-unit laundry, and 2 Car parking, plus the separate lower-level studios with their own baths, laundry, and parking. The location of this in-town property is ideal, with Mill Valley's top-rated schools, downtown shopping, Rec Center, bike path, public transportation, and Highway 101 nearby. A trophy investment in a high-rent marketplace allows the investor the opportunity to increase future cash flow, while adding potential income with the creation of two legal ADU units for short- or long-term rentals.

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Information courtesy of Golden Gate Sotheby's International Realty is subject to verification and is not guaranteed.
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