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Listed by John W Garrett • Marcus & Millichap Real Estate Investment Services, Inc.
$ 3,000,000
Est. payment | /mo
2,100 Beds
2 Baths
5,568 SqFt
$ 3,000,000
Est. payment | /mo
2,100 Beds
2 Baths
5,568 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,568 sqft
Price per Sqft $538
MLS Listing ID 325034065
Bedrooms 2100
HOA Y/N No
Year Built 1950
Lot Size 0.342 Acres
Property Sub-Type 5 or More Units
Property Description
This is a prime value add apartment investment opportunity in Corte Madera. Hampton Court is a boutique 8-unit property located just one block north of Tamalpais Drive and two blocks from Corte Madera Town Park, this pedestrian-friendly community offers an unbeatable blend of suburban tranquility and urban convenience. Residents enjoy easy access to local dining and retail within 1-3 blocks, while major shopping destinations, including high-end retailers and grocery stores, are less than a mile away. The property consists of two single-story buildings, each featuring four units with classic period details, including oak hardwood floors and vintage two-tone tile kitchen countertops and shower surrounds. The unit mix includes two 2-Bed/1-Bath units and six 1-Bed/1-Bath units. Rear alley access leads to covered parking for eight cars, enhancing convenience for tenants. Situated in one of the wealthiest counties in the country, this investment opportunity provides immediate cash flow with substantial upside in a high-demand rental market.
Location
State CA
County Marin
Area Corte Madera
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Carport
Garage Spaces 8.0
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
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Milli Cannata
Broker Associate | Lic# DRE# 01990936