Ideally located in the heart of affluent south-central Marin, this well-positioned property sits just two blocks east of the College of Marin. The highly desirable Kentfield location offers residents convenient access to major employers, retail, dining, and transportation corridors. Originally constructed in 1973, as a seven-unit building, a studio was added (#8) then expanded to a 1BR in 1996. 934 SFD has been meticulously maintained with substantial remodeling and upgrades – Truly “turnkey”. All electrical sub panels and the main panel have been replaced. All windows are a heavy-duty dual pane. Six of the eight units have been completely remodeled with laminate floors, SS appliances, black granite counters and seven units feature a fireplace. Most of the apartments have direct Mt Tam views. Four apartments have large private decks. This a full security building with a locking front door and a second secure entrance from the carport area. The unit mix consists of five 2-bedroom/2 bath apartments, and three 1-bedroom apartments. Parking accommodations include eight carports. Apartments are individually metered for, and tenants pay their own PG&E. There is an on-site laundry room with owned Maytag Commercial washers and dryers. A few of the units have in-unit laundry facilities. The non-ground floor apartments have a second entrance/exit. Year Built – 1973 as 7 units then a studio was added and expanded to a 1BR in 1996. Construction – Wood frame/stucco Foundation – Concrete perimeter and slab Roof – Torch down and tar & gravel Windows - Dual pane – heavy duty Electrical – Recently replaced sub and main panels Plumbing – copper Kitchens – Dishwasher in all except #8 Laundry – Laundry Room – owned equipment – Maytag Commercial, plus a couple of apartments with in-unit laundry Storage – 7 Individual storage closets plus owner’s units Lot size – 9,925 sf (Assessor) Building Size – 8,936 sf (Assessor) Decks – Being Inspected Heating: Electric baseboard - newer Price/sf - $ 414/sf Price/unit - $ 465,500 GSI - $ 269,000 current. NOI - $ 181,500 at current rents GRM – 13.75 at current rents CAP – 4.91% at current rents