Beds
Baths
3,240 Sq. Ft.
$528 / Sq. Ft.
3,240
Sq. Ft.
$528
per Sq. Ft.

Description

31 Reed Boulevard #14, offers an investor the unique opportunity to purchase a pride of ownership four-unit building located in Mill Valley. 31 Reed is located in the Strawberry area of Mill Valley and is a short walk to Safeway and the other retail shops and restaurants of the Strawberry Village Shopping Center. The property consists of one, two-story building situated in a small multifamily community. The unit-mix consists of two large two-bedroom/one-bath units, one large three-bedroom/two-bath...31 Reed Boulevard #14, offers an investor the unique opportunity to purchase a pride of ownership four-unit building located in Mill Valley. 31 Reed is located in the Strawberry area of Mill Valley and is a short walk to Safeway and the other retail shops and restaurants of the Strawberry Village Shopping Center. The property consists of one, two-story building situated in a small multifamily community. The unit-mix consists of two large two-bedroom/one-bath units, one large three-bedroom/two-bath unit and one one-bedroom/one-bath unit. Each unit has its own gas meter and electric meters and covered parking space. Tenants are able to take advantage of the beautiful amenities which consist of Pool, designated BBQ area and onsite laundry. The Villa Tiburon Community provides all the upkeep which is covered in the monthly the HOA dues.
  1. Listed by Philip Batlin • DRE #01873218 • Brokerage DRE #01240999 • Marcus & Millichap • 415-625-2189

Property Details for 31 Reed Boulevard

MLS City Name
MILL VALLEY
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 08/07/2018 04:00 PM

Property Details for 31 Reed Boulevard

StatusSold
MLS #ML81704559
Days on Compass53
Taxes$21,217 / year
HOA Fees$1,525
Condo/Co-op Fees-
Compass TypeMulti Family|Townhouse
MLS TypeResidential Income
Year Built1964
Lot Size0.07 AC / 3,240 SF
CountyMarin County

Location

Listing Courtesy of Marcus & Millichap, Philip Batlin, DRE #01873218

Sold By McGuire Real Estate, Jim ONeil, DRE #01501936

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Building Information for 31 Reed Boulevard

Stories2Residences4Year Built1964Building Size-Lot Size0.07 AC / 3,240 SF

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OriginPoint Mortgage or Rocket Mortgage1

$11,592 per month

30 year fixed, 6.11% Interest

Principal and Interest

$8,299

Property Taxes

$1,768

HOA Dues

$1,525

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Property Information for 31 Reed Boulevard

Features
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 3240
  • Pool: Yes
  • Pool Type: None
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 1
  • HOA Fee: $1,525
Property Details
  • Area Text: Mill Valley
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 31
  • Street Name: Reed
  • Street Suffix: Boulevard
  • Area ID: 21161
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3240
  • Structure SqFt Source: Assessor
  • Age: 54
Development Information
  • Zoning Detail: R3
Location Information
  • Parcel Number: 043-330-14
  • County Name: Marin
  • City Name: MILL VALLEY
  • City Postal ID: 274
  • Postal Code: 94941
  • Elementary School District: 1594
  • High School District Text: Tamalpais Union High
Lot Information
  • Foundation: Wood Frame
  • Horse Property: No
  • Lot Acres: .07
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $21,217
  • Building Unit Total: 4
  • Capitalization Rate: 3.95
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Hot Water
  • Income Includes: None
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $1,000
  • Expense Landscape: $0
  • Expense Maintenance: $4,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $26,217
  • Operating Expenses Include: Fee - Parking
  • Gross Rent Multiplier: 18.24
  • Income Annual Gross: $99,372
  • Income Annual Rental: $101,400
  • Income Gross Scheduled: $101,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,700
Unit 2 Information
  • Unit 2 Approx Square Footage: 800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,175
Unit 3 Information
  • Unit 3 Approx Square Footage: 800
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,175
Unit 4 Information
  • Unit 4 Approx Square Footage: 1000
  • Unit 4 Full Bathrooms: 2
  • Unit 4 Number of Bedrooms: 3
  • Unit 4 Rent: $2,400
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 31 Reed Boulevard

DateEvent & SourcePriceAppreciation
Aug 3, 2018

Sold

SDMLS #ML81704559

$1,710,000
Aug 3, 2018

Sold

MLSListings #ML81704559

$1,710,000
Aug 3, 2018

Sold

EBRD #ML81704559

$1,710,000
Jun 30, 2018

Pending

MLSListings #ML81704559

Jun 30, 2018

Pending

EBRD #ML81704559

May 8, 2018

Listed (Active)

SDMLS #ML81704559

$1,850,000
May 8, 2018

Listed (Active)

EBRD #ML81704559

$1,850,000
May 8, 2018

Listed (Active)

MLSListings #ML81704559

$1,850,000
Jan 13, 2015

Sold

REBAREIS #21424935

$1,215,000
Dec 2, 2014

Pending

REBAREIS #21424935

Nov 3, 2014

Listed (Active)

REBAREIS #21424935

$1,195,000
Feb 28, 2014

Sold

RESFAR #415171

$1,125,000
Feb 26, 2014

Pending

RESFAR #415171

Nov 11, 2013

Listed (Active)

RESFAR #415171

$1,168,000
Jul 27, 2006

Sold

RESFAR #307222

$1,082,750
Jul 3, 2006

Pending

RESFAR #307222

May 29, 2006

Listed (Active)

RESFAR #307222

$1,150,000
May 24, 2006

Withdrawn

RESFAR #303364

$1,150,000
Mar 19, 2006

Listed (Active)

RESFAR #303364

$1,150,000
Dec 5, 2003

Sold

RESFAR #20327215

$946,962
Nov 6, 2003

Pending

RESFAR #20327215

Oct 7, 2003

Listed (Active)

RESFAR #20327215

$925,000
Jun 18, 2003

Sold

RESFAR #20312661

$915,000
Jun 13, 2003

Pending

RESFAR #20312661

May 16, 2003

Listed (Active)

RESFAR #20312661

$950,000
Dec 17, 1997

Sold

RESFAR #5026889

$490,000
Sep 1, 1997

Pending

RESFAR #5026889

Apr 19, 1997

Price Change

RESFAR #5026889

$4,975,000
Apr 19, 1997

Listed (Active)

RESFAR #5026889

$497,500
Sep 1, 1996

Expired

RESFAR #5020456

Feb 6, 1996

Listed (Active)

RESFAR #5020456

$499,000
Jan 31, 1995

Sold

RESFAR #5089330

$1
Nov 21, 1994

Pending

RESFAR #5089330

Jan 5, 1994

Price Change

RESFAR #5089330

$515,000
Jan 5, 1994

Listed (Active)

RESFAR #5089330

$475,000
DateEvent & SourcePrice
08/03/2018

Sold

SDMLS #ML81704559

$1,710,000
08/03/2018

Sold

MLSListings #ML81704559

$1,710,000
08/03/2018

Sold

EBRD #ML81704559

$1,710,000
06/30/2018

Pending

MLSListings #ML81704559

06/30/2018

Pending

EBRD #ML81704559

05/08/2018

Listed (Active)

SDMLS #ML81704559

$1,850,000
05/08/2018

Listed (Active)

EBRD #ML81704559

$1,850,000
05/08/2018

Listed (Active)

MLSListings #ML81704559

$1,850,000
01/13/2015

Sold

REBAREIS #21424935

$1,215,000
12/02/2014

Pending

REBAREIS #21424935

11/03/2014

Listed (Active)

REBAREIS #21424935

$1,195,000
02/28/2014

Sold

RESFAR #415171

$1,125,000
02/26/2014

Pending

RESFAR #415171

11/11/2013

Listed (Active)

RESFAR #415171

$1,168,000
07/27/2006

Sold

RESFAR #307222

$1,082,750
07/03/2006

Pending

RESFAR #307222

05/29/2006

Listed (Active)

RESFAR #307222

$1,150,000
05/24/2006

Withdrawn

RESFAR #303364

$1,150,000
03/19/2006

Listed (Active)

RESFAR #303364

$1,150,000
12/05/2003

Sold

RESFAR #20327215

$946,962
11/06/2003

Pending

RESFAR #20327215

10/07/2003

Listed (Active)

RESFAR #20327215

$925,000
06/18/2003

Sold

RESFAR #20312661

$915,000
06/13/2003

Pending

RESFAR #20312661

05/16/2003

Listed (Active)

RESFAR #20312661

$950,000
12/17/1997

Sold

RESFAR #5026889

$490,000
09/01/1997

Pending

RESFAR #5026889

04/19/1997

Price Change

RESFAR #5026889

$4,975,000
04/19/1997

Listed (Active)

RESFAR #5026889

$497,500
09/01/1996

Expired

RESFAR #5020456

02/06/1996

Listed (Active)

RESFAR #5020456

$499,000
01/31/1995

Sold

RESFAR #5089330

$1
11/21/1994

Pending

RESFAR #5089330

01/05/1994

Price Change

RESFAR #5089330

$515,000
01/05/1994

Listed (Active)

RESFAR #5089330

$475,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 31 Reed Boulevard

This home is within Tamalpais Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Strawberry Point Elementary School
PublicK to 5

Mill Valley Middle School
Public6 to 8

Tamalpais High School
Public9 to 12

Edna Maguire Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Philip Batlin, DRE #01873218

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.