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Sold on 11/19/2025
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65 Summit Ave, Mill Valley, CA 94941

  • $3,350,000

    Last sold 11/19/2025 after 65 Days

  • —

    bed

  • —

    bath

  • 6,244

    Sqft ($537/Sqft)

Multi-family not for sale
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About 65 Summit Ave

Property type Multi-family
Neighborhood
Year built 1917
HOA fee $0/month
Lot size 0.39 Acre
Movoto estimate
Rental estimate
Property description
Reduced! 4 story Victorian 9 units downtown Mill Valley. Mix of 1 3 bed, 4 2 bed, 2 one bed and 2 studios. Vintage charm mixed with modern conveniences. Covered parking at rear and total of 10 off street parking spaces. Many units have fireplaces, renovated kitchens and baths and hardwood floors. Five and 1/2 per cent CAP on current rents! Cash flows with rental upside! Great condition and runs full with waiting list!
Listed by
Listing Agent - Katherine J Higgins
Listing Office - Berkshire Hathaway
Source: BAREIS mls logo
MLS#325082750 • last updated 6 months ago
Movoto checked BAREIS for data 1 minute ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Central, Gas, Varies By Unit
Levels/Style 4, Victorian
SqFt 6244
SubType 5 Or More Units
Type Residential Income
Year Built 1917
MLS # 325082750
Status Closed
On Market Date 2025-09-15
Lot Size (Acres) 0.3898
Lot Size (SqFt) 16980
Condition Updated/Remodeled
Interior
Laundry Coin Operated, In Common Area
Flooring Tile, Varies By Unit, Wood
Appliances Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Varies By Unit
Exterior
Foundation Concrete Perimeter
Roof Composition
# Covered Spaces 5
# Parking Spaces 10
Parking Carport, Covered, Off Street, Uncovered
# Carport Spaces 5
Lot Desc Shape Irregular
Amenities / Utilities
Water Source Public
Utilities Cable Available, Electric, Natural Gas Connected
Sewer/ Septic Public Sewer
Security Features Double Strapped Water Heater, Fire Extinguisher, Smoke Detector
Location
Area Mill Valley
County Marin
APN 029-095-06
Multifamily Details
# of 3-BR Occupied 1
# of 2-BR Occupied 4
# of 1-BR Occupied 2
1-BR: Rent Range 1700-1700
3-BR: Rent Range 4200-4200
2-BR: Rent Range 3550-4200
# of Studios Occupied 2
# of Units 9
# of 1-Bedroom Units 2
# of 3-Bedroom Units 1
# of 2-Bedroom Units 4
# of Studio Units 2
Total # of Buildings 1
Separate Meters Electricity, Gas
Gross Rent Multiplier 13.06
Tenant Pays Cable TV, Electricity, Gas
Gross Scheduled Income $ 317700
Cap Rate 5.03
$3.2M
Range: $2.68M-$3.71M
Last 30 days 
Rental est.: $3,844/month
Gross rent multiplier: 83.5
  • 65 Summit Ave
    $3.35M
  • Cascade Canyon
    $1.49M -48% y/y
  • 94941
    $1.99M -16% y/y
  • Mill Valley
    $1.99M -16% y/y
No chart available
Statistics calculated by Movoto

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9/10
Tamalpais High School
public Grades 9-12
Tamalpais Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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