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26 Lovell Ave, Mill Valley, CA 94941

$2,147,000

Last sold 02/24/2021 for $2.1M

4
bed
3
bath

Multi-family not for sale

About 26 Lovell Ave

Property type Multi-family

Neighborhood

Year built 1957

HOA fee $0/month

Lot size 2,914 Sqft

Movoto estimate

Parking 3 garage spaces

Property description

An 89 walk score to Downtown Mill Valley shops/restaurants,the Mill Valley Market,& the Depot Bookstore and Cafe! This fully tenant occupied triplex has been meticulously maintained and self-managed by the current owners for over 20 years.This character building in Old Town Mill Valley has tons of charm,w/traditional hardwood floors,moldings,& custom built-ins.Each easy-to-rent unit has fantastic sunlight,rarely has a vacancy,& the current tenants all plan to stay long term.A huge plus is the 3-car garage,1 for each unit.The common grounds offer a sunny,manicured garden w/space to grow roses.Unit 1's deck faces downtown;unit 2's deck is on the ground-level on Bernard;& upstairs,unit 3's large deck has stunning neighborhood/hillside views & enough space for ample outdoor furniture.The fabulous Mill Valley schools are a huge attraction.Shared,onsite laundry & extra storage,too.Check out the #s, you won't be disappointed!See more details on each photo. This one will not last long!

Listed by

Listing Agent - Candace Nordstrom

Listing Office - Coldwell Banker Realty

Source: BAREIS

MLS#321002033 • last updated 5 years ago

Movoto checked BAREIS for data 44 minutes ago

Overview
Cooling/AC	None
Heating	Wall Furnace
Levels/Style	2, Mid-Century
SubType	Triplex
Type	Residential Income
Year Built	1957
MLS #	321002033
Status	Closed
On Market Date	2021-02-08
Lot Size (Acres)	0.0669
Lot Size (SqFt)	2914

Interior
Laundry	In Common Area, Washer/Dryer Owned
Flooring	Tile, Wood
Appliances	Free Standing Electric Range, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater

Exterior
Roof	Tar/Gravel
# Garage Spaces	3
# Parking Spaces	3
Parking	Attached, Garage, Street
Lot Desc	Corner, Landscape Back, Landscape Front, Sidewalk

Amenities / Utilities
Water Source	Public
Sewer/ Septic	Public Sewer

Location
Area	Mill Valley
County	Marin
Elementary School District	Mill Valley
Middle School District	Mill Valley
APN	028-054-02

Multifamily Details
# of 3-BR Occupied	2
# of 2-BR Occupied	1
# of 1-BR Occupied	1
Unit 2: # Bedrooms	1
1-BR: Rent Range	2500-2800
3-BR: Rent Range	3600-3800+
Unit 2: # Full Bathrooms	1
Unit 3	Long Term Tenant With Lease To 6-30-2021. Tenant Would Like To Renew Lease. 951 Sq Ft Per Appraisal.
2-BR: % Occupied	100
3-BR: % Occupied	100
1-BR: % Occupied	100
Unit 2: # of Rooms	4
Unit 1	Long Term Tenant Who Would Love To Renew Lease.Lease Ends 6-30-2021.620 Square Feet Per Appraisal.
2-BR: Rent Range	2850-3000+
Unit 1: # Full Bathrooms	1
Unit 3: # Bedrooms	2
Unit 2	New Tenant With Lease To 6-30-2021. Tenant Would Like To Renew Lease. 743 Square Feet Per Appraisal.
Unit 3: # Full Bathrooms	1
Unit 3: # of Rooms	5
Unit 1: # Bedrooms	1
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
Tenant Pays	Cable TV, Electricity, Gas, Insurance
Gross Scheduled Income $	100200
Cap Rate	4