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Sold on 12/01/2021
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407 Maple St, Mill Valley, CA 94941

  • $1,774,000

    Last sold 12/01/2021 for $1.87M

  • bed

  • 4

    bath

  • 2,834

    Sqft ($663/Sqft)

Multi-family not for sale
Movoto is helping 6 homebuyers near you

About 407 Maple St

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Lot size 7,749 Sqft
Movoto estimate
Rental estimate
Property description
407 Maple Street presents a rare opportunity to reposition a Mill Valley multifamily property. Each unit has a remodeled kitchen and other upgrades. A new owner can completely reposition the property through new tenant selection and additional property upgrades, or simply lease the units as-is. 407 Maple is well located in a family-friendly neighborhood that is walkable and near to Good Earth Foods, an excellent full service grocery store, as well as a number of popular local dining and retail options. The property benefits from updated electrical service and subpanels. There is covered parking for 5-6 cars and surface parking for another 4 cars. Each unit has a dishwasher, built-in microwave, wood burning fireplace, and wall heater. The studios have large walk-in closets and extra-large decks with built-in seating.
Listed by
Listing Agent - John W Garrett
Listing Office - Marcus & Millichap Real Estate Investment Services, Inc.
Source: BAREIS mls logo
MLS#321082048 • last updated 4 years ago
Movoto checked BAREIS for data 5 minutes ago
Overview
Cooling/AC None
Heating Fireplace(s), Wall Furnace
Levels/Style 0
SqFt 2834
SubType 5 Or More Units
Type Residential Income
Year Built 1967
MLS # 321082048
Status Closed
On Market Date 2021-08-26
Lot Size (Acres) 0.1779
Lot Size (SqFt) 7749
Interior
Laundry Coin Operated, In Common Area
Exterior
# Covered Spaces 5
# Parking Spaces 9
Parking Covered
# Open Parking Spaces 4
Lot Desc Shape Regular
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
Area Mill Valley
County Marin
APN 050-241-39
Multifamily Details
1-BR: Rent Range 2325
Unit 4: # of Rooms 2
Unit 2: # Full Bathrooms 1
Unit 3 Studio, 1-bathroom
Unit 4: # Full Bathrooms 1
1-BR: % Occupied 97
Unit 2: # of Rooms 2
Unit 1 Studio, 1-bathroom
# of Studios Occupied 4
Unit 1: # Full Bathrooms 1
Unit 4 Studio, 1-bathroom
Unit 2 Studio, 1-bathroom
Unit 3: # Full Bathrooms 1
Unit 3: # of Rooms 2
Unit 1: # of Rooms 2
# of Units 6
# of 1-Bedroom Units 1
# of Studio Units 5
Total # of Buildings 1
Gross Rent Multiplier 14.2
Tenant Pays Electricity, Gas
Gross Scheduled Income $ 147840
Cap Rate 3.66
$1.77M
Range: $1.57M-$1.96M
Last 30 days 
Rental est.: $3,775/month
Gross rent multiplier: 41.5
  • 407 Maple St
    $1.87M
  • Tamalpais Valley
    $2.39M +59% y/y
  • 94941
    $1.79M -18% y/y
  • Mill Valley
    $1.79M -18% 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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