Map location of 150 Shoreline Hwy, Mill Valley, CA 94941
$4,800,000
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150 Shoreline Hwy, Mill Valley, CA 94941

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- Beds
0 Baths
15,148 Sq Ft

3-Buildings 24 or 48-Units 15,148 Square Feet Total First-Time on the Market in 50-Years LOTS of Potential Uses INVESTORS ... good cash-flow and 5% Cap-Rates with the current Tenants INVESTORS #2 ... 10% Cap-Rates by converting back to market-rate housing INVESTORS #3 ... Convert to affordable condos to sell individually or make into live/work spaces ... over $3-million upside potential YMBY (YES in My Backyard) ... Non-Profit Groups - convert to housing for Disabled Veterans, or other vital programs YMBY #2 ... Potential to double the number of units to 48 studio apartments ... upstairs units can be adapted to have separate entrances ... see the Matterport Tour for a sample of an upstairs studio COMPANY HEADQUARTERS ... High-Visibility Location, excellent parking, campus-like setting and immediate access to Highway-101 make this an interesting option.A FEW NUMBERS : $100,000 or $200,000 per unit 24-units (1-bedroom) or 48-units (studio apartments) Possibly build more units 3 buildings - about 5,000 square feet per building The asking price is $318 per square foot, which is way below what it would cost to build in today's market OK to drive around the buildings - but, please DO NOT ENTER BUILDINGS or DISTURB TENANTS

Listing By: Kevin Obrien - Re/Max Accord caebrd Realty.com
  • MLS# 41042766
  • Date Listed10/24/2023
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.86 acres (37,501 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Marin
  • Year Built 1971
  • Water Public
  • Square Feet 15,148 sq. ft
  • Price Per Sq. Ft $316.87

Interior Features

  • Flooring Carpet
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnace

Exterior / Lot Features

  • Roof Shingle
  • Lot Size Acres 0.86
  • Lot Size SQFT 37,501.00
  • Lot Features Level, Waterfront

Directions

Hwy-101 at Hwy-1, Mill Valley

Financial Considerations

Nearby Schools

Source: School Digger

Edna Maguire Elementary School

Public • PK - 5 • Serves this home

2.92 mi

Distance

Neil Cummins Elementary School

Public • PK - 5

4.92 mi

Distance

Anthony G. Bacich Elementary School

Public • PK - 4

7.13 mi

Distance

Mill Valley Middle School

Public • 6 - 8 • Serves this home

2.12 mi

Distance

Bel Aire Elementary School

Public • 3 - 5

2.4 mi

Distance

Del Mar Middle School

Public • 6 - 8

3.17 mi

Distance

Hall Middle School

Public • 6 - 8

5.99 mi

Distance

Adaline E. Kent Middle School

Public • 5 - 8

7.36 mi

Distance

Tamalpais High School

Public • 9 - 12 • Serves this home

1.3 mi

Distance

San Andreas High (continuation) School

Public • 10 - 12

5.01 mi

Distance

Redwood High School

Public • 9 - 12

5.99 mi

Distance

Tamiscal High (alternative) School

Public • 9 - 12

5.99 mi

Distance

Headlands Preparatory School

Private • 06 - 12

3.68 mi

Distance

Soloquest School & Learning Center

Private • 06 - 12

3.97 mi

Distance

Marin Catholic High School

Private • 09 - 12

7.13 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 94941

Source: Walkscore

18/100

Car-Dependent

Walk Score ®

53/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 28/100, Transit Score: 0/100, Bike Score: 38/100.

Property Change History

Frequently Asked Questions for 150 Shoreline Hwy

Source: Realty.com

150 Shoreline Hwy, Mill Valley, CA 94941 is a Multi Family, Residential Income property listed for $4,800,000 The property is 15148 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 26 photos of 150 Shoreline Hwy.

Our records indicate that 150 Shoreline Hwy was built in 1971.

The full address for this home is 150 Shoreline Hwy, Mill Valley, CA 94941.

150 Shoreline Hwy has been listed on Realty.com since Tue October 24, 2023

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 28/100, Transit Score: 0/100, Bike Score: 38/100.

There are 3 schools assigned to this home. Check out the schools near 150 Shoreline Hwy. Edna Maguire Elementary School (Grades: PK - 5), Mill Valley Middle School (Grades: 6 - 8), Tamalpais High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Accord (tel: 925-283-9200)
Listing agent: Kevin Obrien (tel: 925-595-0422) (#159510306BE)

This content last refreshed on 2025-12-08 15:22:41. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 150 Shoreline Hwy, Mill Valley, CA 94941 : MLS# 41042766

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