Comm Ri Multi-units 5+ For Sale
21,300 Sqft - 210 Lower Via Casitas, GREENBRAE (LARKSPUR), California 94904
Property Description
Significant value-add upside that has excellent unit mix with large units averaging over 900 square feet each. Residents can live in a suburban setting while being close to major urban employment centers; highly desirable in a post-pandemic environment. The property is located next to Bon Air Greenbrae Shopping Center, which has over 40 restaurants shops, restaurants, and other services. Residents have easy access to San Francisco via Highway 101 through the Golden Gate Bridge and through the Larkspur Ferry Terminal within a short walk from the property. The median home value of $1.9M in Greenbrae while there are limited opportunities for development, making any available property highly desired.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81856753
Price : $10,880,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 21,300 Sqft
Year Built : 1975
Lot Area : 0.80 Sqft
Features
Heating System : Electric
Address Map
Country : US
State : CA
County : Marin
City : GREENBRAE (LARKSPUR)
Zipcode : 94904
Street : Lower Via Casitas
Street Number : 210
Floor Number : 0
Longitude : W123° 28' 23.2''
Latitude : N37° 56' 46.7''
MLS Addon
Office Name : Marcus & Millichap
Building Type : Other
Area : Larkspur
Address : 210 Lower Via Casitas
LA1User Code : MLL478730
LA1Agent First Name : Carlos
LA1Agent Last Name : Azucena
Status Category : Active
Tot # Parking Spaces : 21
Tot # of Units : 23
Zoning : None
List $/SqFt : $0
Age : 46
Apx Lot Sq Ft : 34,848 Sqft
Type of Building : Apt Complex
Annual Taxes : $153,795
Total Deposits : $0
ALL UNITS HAVE : Dishwasher, Refrigerator
DISABLED FEATURES : Elevator
OPERATING EXPENSES : Electric, Gas, Insurance, Janitorial, Trash Removal, Vacancy Factor, Water
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.67
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $12,000,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 690577
Net Oper Income : 399702
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 13828
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 15.75
List Agent DRE Num. : 01738155
Filtered Address : 210 Lower Via Casitas
LA1Agent License ID : 01738155
LA1Old Agent ID : 224356
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 022-153-16
Showing : See Confidential Remarks
LO1Main Office ID : 74903
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 10880000
Address Search Number : 210
Listing Agent : 267802
Listing Office : 74903
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 6
Input Date : 04/08/2021 19:04:21
Update Date : 13/10/2021 10:03:04
PhotoTimestamp : 13/10/2021 05:40:28
First Photo Add Timestamp :
List Date : 04/08/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 04/08/2021
Price Date :
Off Market Date :
Status : Active
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 70
Cumulative DOMLS : 70
Unit # 1 Approx. SqFt: 600
Unit # 1 Rent: 1800
Unit # 2 # of Bedrooms: 1
Unit # 2 Approx. SqFt: 945
Unit # 2 Rent: 2250
Unit # 3 # of Bedrooms: 2
Unit # 3 Approx. SqFt: 945
Unit # 3 Rent: 2325
Unit # 4 # of Bedrooms: 2
Unit # 4 Approx. SqFt: 1200
Unit # 4 Rent: 2975