$2,961,000
SOLD DEC 9, 2024

33 W Blithedale Ave Mill Valley, CA 94941

Downtown Mill Valley Neighborhood
8 Beds
3 Baths
5,626 Sq Ft
9,731 Sq Ft Lot

Recently Sold

$526 Per Sq Ft

9% Below List Price

56 Days on Market

Highlights

  • Central Heating
  • Mill Valley Middle School Rated A
  • Laundry Facilities

About This Home

As of December 2024

Introducing 33 W. Blithedale Ave, Mill Valley located in the heart of downtown Mill Valley. This boutique 5,626 SF, 8-unit multifamily property offers all eight spacious 1 bedroom/1 bathroom units with private decks, floor to ceiling windows, extra storage, and covered on-site parking. The epitome of downtown Mill Valley living with all conveniences within walking distance and a stellar walk score of 92. The property is nestled in the magical redwoods with outdoor recreation access on Mount Tamalpais at the front door. The property's prime location and charm make it an attractive asset for investors seeking to expand their portfolio in the highly sought after Mill Valley market. A strong value-add opportunity with rents on average 59% below market. This property presents an ideal opportunity for a seasoned investor looking to acquire a building in one of the best rental markets and one of the highest income cities for a long-term hold.

Last Agent to Sell the Property

Samuel Ko

Meridian Commercial License #01894341

Last Buyer's Agent

Samuel Ko

Meridian Commercial License #01894341

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,731 Sq Ft Lot

Home Design

  • 5,626 Sq Ft Home

Parking

  • 8 Parking Spaces
  • Covered Parking

Utilities

  • No Cooling
  • Central Heating

Community Details

  • 8 Units
  • Laundry Facilities
  • Gross Income $181,500

Listing and Financial Details

  • Assessor Parcel Number 028-014-12

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: W. Blithedale Ave after Throckmorton
  • Lot Size Acres: 0.2234
  • CapRate: 2.79
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 5626.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: None

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 8.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Water District
  • Heating: Central
  • Laundry Features: Coin Operated

Lot Info

  • Assessor Parcel Number: 028-014-12
  • Lot Size Sq Ft: 9731.00

Building Info

  • Year Built: 1955

Multi Family

  • 1 Bedroom Rent Range: 1,550 - 2,350
  • Number of 1 Bedroom Units: 8
  • NumberOfUnitsTotal: 8

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $2,961,000 -8.9% $526 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $3,250,000 -- $578 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324074968

Bay Area Real Estate Information Services (BAREIS)

APN: 028-014-12

California Marin County Mill Valley 94941 Downtown Mill Valley

33 W Blithedale Ave, Mill Valley, CA

Homes for Sale in Mill Valley, CA

This home is located at 33 W Blithedale Ave, Mill Valley, CA 94941 and is currently priced at $2,961,000, approximately $526 per square foot. This property was built in 1955. 33 W Blithedale Ave is a home located in Marin County with nearby schools including Mill Valley Middle School, Tamalpais High School, and Marin Horizon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.