Sold

Closed

1101 Magnolia Ave

Larkspur CA, 94939

$2,145,000


$444.84 per sqft

Sold

Closed

4,822 sqft

Commercial

Built in 1947

RECENT PRICE REDUCTION on this mixed-use investment opportunity in central Marin County, California. This property offers two separate structures on one parcel; a commercial building consisting of approximately 2,800 square feet, and a detached three-unit apartment building, with two single-car garages and additional storage, consisting of approximately 2,173 square feet. The commercial building is in impeccable condition and is suitable for a wide variety of uses. The apartment building contains a studio unit, a one-bedroom unit, and a two-bedroom unit; all are leased on new leases, and offer an upside opportunity to achieve market rents. This offering represents an opportunity for an investor or an owner-user to secure a once-in-a-lifetime investment property in sophisticated Larkspur, California. With ease of access to Highway 101, this charming property sits in a community setting with dining, retail, and all service-related industries within walking distance. This truly is a rare gem, and a must-see! Mixed-use investment: commercial and apartments Convenient and central location in Marin County Excellent demographics Value-add opportunity

323008325

MLS ID

February 13, 2023

Listed

May 31, 2024

Updated

Map

1101 Magnolia Ave
Larkspur CA, 94939

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

Larkspur


Garage

No


View

No


County

Marin


Pool

No


Buyer Agency Compensation

2.5%

Bought with Nathan Ballard with Keegan & Coppin Co, Inc and Listed by Nathan Ballard with Keegan & Coppin Co, Inc

Listing Contact:  

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