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
August 23, 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
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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