Movoto Real Estate
Sold on 10/29/2025

5 Elm Ave, Kentfield, CA 94904

$1,380,000

Last sold 10/29/2025 after 167 Days

  • 4

    bed

  • 3

    bath

Multi-family not for sale

About 5 Elm Ave

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 4,400 Sqft
Parking 3 garage spaces
Property description
A rare chance to own a well-maintained triplex in the heart of Kentfield. This charming building has been in the same family for over 75 years. Featuring an upper unit with two bedrooms and one bathroom, complete with an attached balcony offering scenic views. The other two units are one-bedroom, one-bathroom layouts, ideally situated in one of Marin's most desirable and supply-constrained neighborhoods. two of the three units are currently vacant. Two units have been recently updated with new countertops, modern light fixtures, luxury vinyl plank (LVP) flooring, fresh paint, and in the occupied unit-newer carpet and kitchen flooring. Sewer is in compliance. Each unit offers a spacious layout, private garage parking, individual washer and dryer units, three separate gas/electric meters, and additional off street parking. Set in a peaceful, lush environment near the College of Marin and just off Sir Francis Drake Boulevard, residents enjoy proximity to Woodlands Market, Bon Air Center, restaurants, Phoenix Lake, and top-rated schools. With a strong rental market and excellent commuter access via Marin and Golden Gate Transit, HWY 101 and ferry, this is a rare opportunity to own a turnkey multifamily property in one of Marin's most sought-after communities.
Listed by
Listing Agent - Lori J Odisio
Listing Office - Compass
Source: BAREIS mls logo
MLS#325044392 • last updated 11 months ago
Movoto checked BAREIS for data 6 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Varies By Unit
Heating Central
Levels/Style 0, Contemporary
SubType Triplex
Type Residential Income
Year Built 1955
MLS # 325044392
Status Active
On Market Date 2025-05-15
Lot Size (Acres) 0.101
Lot Size (SqFt) 4400
Condition Updated/Remodeled
Interior
Laundry Varies By Unit, Other
Flooring Carpet, Laminate, Tile, Varies By Unit
Interior Features Formal Entry
Appliances Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater
Exterior
Foundation Concrete
Roof Tar/Gravel
# Garage Spaces 3
# Parking Spaces 6
Parking Attached, Garage, Off Street
# Open Parking Spaces 3
Exterior Features Yard Space
Lot Desc None
Amenities / Utilities
Water Source Water District
Utilities Internet Available
Sewer/ Septic Public Sewer
Location
Area Kentfield
County Marin
Elementary School District Kentfield
Middle School District Kentfield
APN 071-132-27
Multifamily Details
# of 1-BR Occupied 1
Unit 2: # Bedrooms 1
1-BR: Rent Range 2400 To 2600
Unit 2: # Full Bathrooms 1
Unit 3 Unit 5B Is Vacant 1bd/1ba W/ In Unit Laundry.
Unit 2: # of Rooms 3
Unit 1 Unit 5 Is 2bed/1ba With Outdoor Balcony And Scenic Views.
Unit 1: # Full Bathrooms 1
Unit 3: # Bedrooms 1
Unit 2 Unit 5A Is Tenant Occupied.
Unit 3: # Full Bathrooms 1
Unit 3: # of Rooms 3
Unit 1: # Bedrooms 2
Unit 1: # of Rooms 4
# of Units 3
# of 1-Bedroom Units 2
# of 2-Bedroom Units 1
Total # of Buildings 1
Separate Meters Electricity, Gas, Water
Gross Rent Multiplier 16.03
Tenant Pays Electricity, Gas
Gross Scheduled Income $ 102000
Cap Rate 4.08
We are not permitted to show value estimates for this property.
  • Year Property taxes Tax assessment
  • 2024
    $10,801 +2.5%
    $1,125,000 +241.42%
  • 2023
    $10,535 +2.5%
    $329,508 +4.04%
  • 2022
    $10,277 +3.0%
    $316,716 +2.0%
  • 2021
    $9,977 +2.7%
    $310,506 +1.04%
  • 2020
    $9,716 +4.9%
    $307,323
  • 2019
    $9,265 +5.5%
    $307,323 +2.0%
  • 2018
    $8,781 +4.9%
    $301,297 +2.0%
  • 2017
    $8,372 +4.6%
    $295,391 +2.0%
  • 2016
    $8,004 +3.0%
    $289,600
  • 2015
    $7,773
    —
  • 5 Elm Ave
    $1.38M
  • Altimira Park
    —
  • 94904
    $975K -48% y/y
  • Kentfield
    $1.99M -17% y/y
No chart available
Statistics calculated by Movoto

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9/10
Source: GreatSchools.org © 2026. All rights reserved.

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