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Listed by Erich M Reichenbach • Marcus & Millichap Real Estate Investment Services, Inc.
$8,500,000
Est. payment /mo
2,200 Beds
3 Baths
16,237 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 16,237 sqft
Price per Sqft $523
MLS Listing ID 325074489
Bedrooms 2200
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1960
Lot Size 0.592 Acres
Property Sub-Type 5 or More Units
Property Description
The subject property is a well-located 19-unit apartment complex situated on approximately 0.59 acres in the highly desirable community of Corte Madera, California. The property features an appealing unit mix, consisting of eighteen two-bedroom, one-bathroom units and one two-bedroom, two-bath unit. All units enjoy access to on-site storage, outdoor space, including balconies or patios, a well-maintained common area, on-site laundry facilities, and landscaped grounds that contribute to a relaxed, residential atmosphere. The building is ideally positioned near major transportation routes, top-rated schools, dining, and abundant outdoor recreational opportunities. Ample tenant and guest parking further enhances the property's accessibility and convenience. 801 Meadowsweet Drive provides an attractive blend of stable income, future upside potential, and pride of ownership in a premier Marin County location. Given its strong unit mix, lifestyle appeal, and proximity to the natural beauty of Mt. Tamalpais and the broader North Bay, this asset presents an exceptional opportunity for both new and experienced multifamily investors seeking long-term value and growth.
Location
State CA
County Marin
Area Corte Madera
Interior
Heating Central
Cooling None
Exterior
Parking Features Uncovered
Garage Spaces 19.0
Building
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Others
Special Listing Condition Offer As Is
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Rebecca Brooks
San Francisco Bay Area Team Leader/Broker Associate | License ID: 1249870
San Francisco Bay Area Team Leader/Broker Associate License ID: 1249870