17 Roque Moraes Ct - Apartments FOR SALE


Mill Valley, CA 94941- Enchanted Knolls
$2,900,000 USD
415-877-1077
17 Roque Moraes Ct, Mill Valley, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/12
null | 4.31% Cap Rate

17 Roque Moraes Ct
Mill Valley, CA 94941
Enchanted Knolls


OVERVIEW

17 Roque Moraes Ct. – Prime hillside location, and easy access to Hwy 101. 17 Roque Moraes is a well-maintained, six-unit, 1958 building with Mt. Tam views, private decks, and an unbeatable location—Whole Foods across the street, Hwy 101 minutes away. Located in the coveted Enchanted Knolls neighborhood, these properties rarely come on the market and sell quickly—an exceptional opportunity for investors seeking both rental income and increased property value. The property has two one-bedroom and four two-bedroom units. Open-air floor plans with picture windows frame stunning views of Mt. Tamalpais. Each unit features a private deck, spacious floor plans, on-site laundry facilities, covered parking, and storage space. A rare mix of modern amenities and natural beauty makes this six-unit building highly desirable for today’s renters and investors. Discover the Magic of Mill Valley Living Living in Mill Valley Tucked beneath the redwood-covered slopes of Mt. Tamalpais, Mill Valley offers the perfect blend of small-town charm and modern convenience. At 17 Roque Moraes Court, residents enjoy a peaceful hillside setting just moments from the heart of town. Tree-lined streets, inviting boutiques, and a vibrant dining scene create a welcoming community that feels both sophisticated and relaxed. Outdoor enthusiasts treasure the endless hiking and biking trails through Muir Woods and Mount Tam, while the town’s cultural heartbeat thrives with live music at the historic Sweetwater, film festivals, and local art galleries. Families are drawn to top-rated schools, friendly neighborhoods, and a strong sense of community. Just minutes from the Golden Gate Bridge, Mill Valley provides quick access to San Francisco while preserving a village-like atmosphere. Life at 17 Roque Moraes captures the very best of Mill Valley—natural beauty, modern convenience, and timeless appeal. Mill Valley Accolades ?? • Top 20 Best Small Towns in America – Smithsonian Magazine • One of the 100 Best Places to Live in the U.S. – Money Magazine (CNN/Money) • Ranked among the Safest & Richest Bay Area Cities – GoBankingRates / KTVU With its breathtaking scenery, vibrant culture, top-rated schools, and community spirit, Mill Valley consistently earns national recognition as one of the most desirable places to live. 17 Roque Moraes is a solid investment opportunity in a desirable location with stable tenants. The property is a three-story wood-frame structure with a stucco exterior, situated on a concrete perimeter foundation. There is covered parking for six cars, as well as ample off-street parking. Tenants benefit from an on-site laundry room and individual storage lockers. SB721 certified decks and 2012 seismic upgrades. Year Built – 1958 Construction – Wood Frame/Stucco Foundation – Concrete Perimeter Roof – torch down, 2016, report available Laundry – On-site, laundry Room Storage – Individual Storage Lockers Lot size – 8,865 sf (Assessor) Building Size – 4,576 sf (Assessor) Decks – SB721 Certified Seismic – Upgraded in 2012. May need current MV certification Windows – Upgraded Dual Pane and Thermal Pane in LR Electrical Sub Panels – Older, but not Fed Pacific or Zinsco Price/sf - $644 Price/unit - $483,000 GSI - $190,100 NOI - $123,200 GRM – 15.3 CAP – 4.2%

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$493 USD /SF

# OF UNITS

6

PRICE/UNIT

$483,333

CAP RATE

4.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

030-191-18

ASK ABOUT THIS PROPERTY

Michael BurkeGolden Gate Sotheby's International RealtyMore Info
415-877-1077

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Michael BurkeGolden Gate Sotheby's International RealtyMore Info
415-877-1077

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.