Pending

210 Lower Via Casitas, Greenbrae (larkspur)

Greenbrae ( larkspur ) CA, 94904

$8,250,000


$387.32 per sqft

Pending

21,300 sqft

Commercial

Built in 1975

Under the same ownership for over 25 years! A+, affluent location with tremendous value add upside over a 6% cap rate. 210 Lower Via Casitas is a 23-unit complex that offers all the desired amenities paired with an excellent location. The property boasts an impressive unit mix that consists of (2) Std, (9) 1/1.25 with a den, (11) 2/1.25, and (1) 2/ 2.5 townhome. 10 of 23 units recently renovated. Strong unit mix averaging over 900 square feet each. Residents can live in a suburban setting and be close to major urban employment centers; desirable in a post-pandemic environment. Excellent area schools. Easy access to San Francisco via Highway 101 through the Golden Gate Bridge and the Larkspur Ferry Terminal. Located next to Bon Air Greenbrae Shopping Center, which has over 40 restaurants shops, restaurants, and other services. Limited opportunities for development has created a very limited supply of rental housing.

ML81937084

MLS ID

August 3, 2023

Listed

May 9, 2024

Updated

Map

210 Lower Via Casitas, Greenbrae (larkspur)
Greenbrae ( larkspur ) CA, 94904

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.8 Acres

Other Property Details

Area Name

Greenbrae (larkspur)


Garage

No


Parking

Assigned


View

No


County

Marin


Water Source

Public


Pool

No


Zoning

null


Buyer Agency Compensation

1%

Listing History

Date

Event

Price

4/10/2024

Price Change

$8,250,000

-15%

12/7/2023

Pending

Listed by Carlos Azucena with Marcus & Millichap
Listing Contact: 408-205-2679 

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