555 Larkspur Plaza Drive

Larkspur, CA, 94939

$2,135,000

$506 per ft²
$2,135,000
$506 per ft²
Sold
Sold
carpenters-square
4,214 ft²
property_type
Multi-family
calendar
Built 1971
Southern Marin investment property at its best. Five waterfront apartments on the Corte Madera Creek with a shared boat dock for your Kayak or canoe. Close to downtown Larkspur with all its restaurants, tennis club and parks. 2BR/2BA owner's unit was recently completely remodeled and expanded featuring a large deck and views of the creek. It would be ideal for an owner occupant or a relative. 4-1BR apartments in good condition but would benefit from upgrades. 1971 construction, lovingly cared for and upgraded through the years. On-site laundry, covered parking and separately metered for PG&E. Two story wood frame with stucco/stone exterior on a concrete foundation with a composition shingle roof. Rents are below market due to the long-term occupancy of some tenants. There is significant upside in the rental income. Rents have not been raised since the start of COVID. Property sits along a creek and is in a flood zone. Larkspur Plaza Drive can have seasonal flooding.
MLS® ID:
322055836
Updated:
10/4/22

Interior Features

Kitchen Appliances
Dishwasher, Free Standing Electric Range, Free Standing Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated, In Common Area, Washer/Dryer Leased
Cooling
None
Heating
Central

Exterior/Building Features

Lot Size
10,489 ft² lot
Exterior Features
Landscape Back, Landscape Front
Architectural Style
Contemporary
Lot Details
Landscape Back, Landscape Front
Roof
Composition
Sewer
Public Sewer

Other Property Details

Area Name
Larkspur
Garage
No
Parking
Carport, Uncovered
Parking Total
8.0
View
N
County
Marin
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
9/6/22
Sold
-
-
9/6/22
Price Change
$2,135,000
-7%
7/28/22
Pending
-
-
7/4/22
Active
-
-
7/4/22
Price Change
$2,300,000
-7%
6/27/22
Pending
-
-

Bought with Sherry Ramzi, Golden Gate Sotheby''s International Realty and Listed by Michael Burke, Golden Gate Sotheby's International Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Eric Gelman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Bay Area Real Estate Information Services, Inc. All Right Reserved.

Contact