Bought with Sherry S Ramzi • Golden Gate Sotheby's International Realty
For more information regarding the value of a property, please contact us for a free consultation.
555 Larkspur Plaza DR Larkspur, CA 94939
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,135,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,214 sqft
Price per Sqft $506
MLS Listing ID 322055836
Sold Date 09/06/22
Bedrooms 1200
HOA Y/N No
Year Built 1971
Lot Size 10,489 Sqft
Property Description
Southern Marin investment property at its best. Five waterfront apartments on the Corte Madera Creek with a shared boat dock for your Kayak or canoe. Close to downtown Larkspur with all its restaurants, tennis club and parks. 2BR/2BA owner's unit was recently completely remodeled and expanded featuring a large deck and views of the creek. It would be ideal for an owner occupant or a relative. 4-1BR apartments in good condition but would benefit from upgrades. 1971 construction, lovingly cared for and upgraded through the years. On-site laundry, covered parking and separately metered for PG&E. Two story wood frame with stucco/stone exterior on a concrete foundation with a composition shingle roof. Rents are below market due to the long-term occupancy of some tenants. There is significant upside in the rental income. Rents have not been raised since the start of COVID. Property sits along a creek and is in a flood zone. Larkspur Plaza Drive can have seasonal flooding.
Location
State CA
County Marin
Area Larkspur
Interior
Heating Central
Cooling None
Exterior
Garage Carport, Uncovered
Garage Spaces 8.0
Roof Type Composition
Building
Foundation Concrete
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Others
Special Listing Condition Probate Listing
Read Less
Copyright 2024 , Bay Area Real Estate Information Services, Inc. All Right Reserved.