Beds
Baths
3,749 Sq. Ft.
$513 / Sq. Ft.
3,749
Sq. Ft.
$513
per Sq. Ft.

Description

405 Maple Street is an exceptional investment opportunity in the heart of Tamalpias Valley. This fully leased 8-unit property offers eight well maintained 1-bedroom, 1-bathroom units, ensuring a steady stream of rental income. With dedicated parking and convenient onsite washer/dryers, this property offers convenience and comfort for both residents and property owners. Each unit is currently occupied, providing immediate cash flow and a hassle-free transition. Don't miss your chance to acquire this...405 Maple Street is an exceptional investment opportunity in the heart of Tamalpias Valley. This fully leased 8-unit property offers eight well maintained 1-bedroom, 1-bathroom units, ensuring a steady stream of rental income. With dedicated parking and convenient onsite washer/dryers, this property offers convenience and comfort for both residents and property owners. Each unit is currently occupied, providing immediate cash flow and a hassle-free transition. Don't miss your chance to acquire this turnkey multifamily property in a prime location, poised to deliver outstanding returns and long-term value.
  1. Listed by Jerry Adamson • DRE #01935945 • Ground Matrix

Property Details for 405 Maple Street

City
MILL VALLEY
Dist Neighborhood Subdiv
Other
Building Type
5 or More Units
Property Sub Type
5 or More Units
Total # Parking Spaces
5
LISTING UPDATED: 09/20/2023 10:35 AM

Property Details for 405 Maple Street

StatusSold
MLS #41031490
Days on Compass80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1959
Lot Size0.16 AC / 7,046 SF
CountyMarin County

Location

Listing Courtesy of Ground Matrix, Jerry Adamson, DRE #01935945

Sold By Ground Matrix, Jerry Adamson, DRE #01935945

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Building Information for 405 Maple Street

Stories-Residences8Year Built1959Building Size-Lot Size0.16 AC / 7,046 SF

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OriginPoint Mortgage or Rocket Mortgage1

$13,542 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,693

Property Taxes

$3,849

HOA Dues

$0

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Property Information for 405 Maple Street

Features
Feature Details
  • Flooring: Carpet, Laminate
  • Laundry: Coin Operated
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: No
  • Exterior: Wood Frame
  • Lot Description: Other
  • Lot Sq Ft Apx: 7046
  • Lot Size Square Feet: 7046.0
  • Roof: None
  • Sq Ft Apx: 3749
  • Year Built: 1959
Location Details
  • Directions to Property: 1 Block off of Shoreline HWY
  • FIPS Code: 06041
  • Census Tract: 1281
  • Parcel Number: 050-241-36
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 8
  • Basement: None
  • Tenant Pays: Cable TV, Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Balcony/Patio, Extra Storage
  • Apx Lot Acres: 0
  • On Site Parking Description: Carports - 2 Or More, On Street, Uncovered Park Spaces 2+
  • Tot Ann Oper Exp: 66579.0
Income / Expense Details
  • Gross Income: $172,800
  • Gross Rent Multiplier: 12
Other Financial Information
  • Cap Rate: 5.12
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 405 Maple Street

DateEvent & SourcePriceAppreciation
Sep 19, 2023

Sold

CRMLS #41031490

$1,925,000
Sep 19, 2023

Sold

EBRD #41031490

$1,925,000
Sep 19, 2023

Sold

MLSListings #BE41031490

$1,925,000
DateEvent & SourcePrice
09/19/2023

Sold

CRMLS #41031490

$1,925,000
09/19/2023

Sold

EBRD #41031490

$1,925,000
09/19/2023

Sold

MLSListings #BE41031490

$1,925,000

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

Public Records for 405 Maple Street

Taxable ValueLand$765,000Additions$1,198,436Total$1,963,436
Tax Record2025$46,193 ($3,849 / month)
Home Facts
Lot Size7,046 SqFtStyleDuplexYear Built1959Year Renovated1965CountyMARINAPN050-241-36

Schools near 405 Maple Street

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 - 10 to 12
Rating
School
Distance
Strawberry Point Elementary School
PublicK to 5

Mill Valley Middle School
Public6 to 8

Tamalpais High School
Public9 to 12

San Andreas High (Continuation) School
Public10 to 12

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 Ground Matrix, Jerry Adamson, DRE #01935945

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.