logo

Property Details

7

BEDS

6

FULL BATHS

2

PARTIAL BATHS

$2,999,000

PRICE

164 Almonte Boulevard, 167-169 Lavender Lane Mill Valley CA 94941

This well-maintained property offers a detached vintage home, 2 English-style townhomes, and 2 studios, with an application submitted to create a legal ADU for one studio and the potential of an additional unit by the new owner.

The remodeled one-story vintage residence has 3BR/2Baths, FP, one car garage, and a private fenced yard, and would be a fine home to live in, with the rental income to offset the cost of ownership. Built in 1992, each upgraded townhome has 2BR/ 1.5 Baths, FP, in-unit laundry, and 2 Car parking, plus the separate lower-level studios with LR, BR, Bath, in-unit laundry, and parking.

The location of this in-town property is ideal, with Mill Valley’s top-rated schools, downtown shopping, Rec Center, bike path, public transportation, and Highway 101 nearby. A trophy investment in a high-rent marketplace allows the investor the opportunity to increase future cash flow while adding potential income with the creation of two legal ADU units for short or long-term rentals.

  • Share