18 Walnut Ave - Apartments FOR SALE


Larkspur, CA 94939- Outer San Rafael/Larkspur
$1,395,000 USD
415-246-4081
18 Walnut Ave, Larkspur, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/21
null | 7.08% Cap Rate


HIGHLIGHTS

  • Irreplaceable Downtown Larkspur
  • Add-Value Opportunity with Strong Year-0 Cashflow
  • On-Site Laundry, off-street parking

OVERVIEW

Rare add-value opportunity in the heart of Larkspur. Irreplaceable location across from Equator Coffee. Walkable to all that Larkspur has to offer. Off-street covered parking. Strong in-place rent roll with one vacancy starting mid-July. Perfect opportunity to tackle differed maintenance, update, and re-rent. Contact agent for reports, disclosures, and showing times. Do not disturb.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

4

PRICE/UNIT

$348,750

CAP RATE

7.08%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1972

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,516 SF

ZONING

R-1-H, Larkspur

APN/PARCEL ID

021-103-06

ASK ABOUT THIS PROPERTY

Matthew ReaganColdwell BankerMore Info
415-246-4081

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Matthew ReaganColdwell BankerMore Info
415-246-4081

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