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Listing Summary
Listing
#323044706
$1,595,000 (LP)
$1,580,000 (SP)
SP % OP
:
83.38
120 Villa Ave, San Rafael, CA 94901-1323
Closed
(09/01/23)
SqFt:
3373*
Lot Size Acres:
0.2984*
Area/District
:
A2300
Yr
:
1906
*
Remarks
OFFER DATE: Monday July 17 5:00PM. This stunning property is an ideal blend of convenience & versatile living options: two separate single-family homes on the premises. This property provides flexibility with potential rental income. Currently, the property is utilized as two separate single-family homes. Zoned for up to four units, utilize future expansion and development opportunities. The lot is ~13,000 sqft. The larger of the two homes is an updated 4 bed 3.5 bath two story home, while the 3 bed 2 bath smaller home is single level. Ideal for multi-generational living. In the Dominican Neighborhood this is an easy commute to San Francisco, while residing in the serene beauty of Marin County. Enjoy the ideal weather that makes this home an outdoor lover's paradise, complete with nearby hiking and biking trails to explore. Local schools are sought after in this part of San Rafael. This home boasts all day sun, a quaint backyard patio dining area, with a rear deck and expansive rear and front yards. Room for abundant level lawn or a large home garden. Parking for 4+ cars in the motor court is available in addition to the attached 2 car garage. Enjoy local weekend farmer's markets, flea markets, local fine dining, ample live music and shopping in Marin's largest city.
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Showing Information
Directions to Property
Grand Avenue North. Grand merges into Villa Ave and becomes Villa Ave. Park in motor court or on Villa Ave
Remarks
Agent and Office Information
Agent
Stefan Schermerhorn
Primary: Lic: 01880641
Office
Holmes Burrell Real Estate
Phone: 415-446-9444, FAX: 415-366-8477 Office Lic: 01935507
Number of Offers
1
Price, Dates and Commissions
Broker Co-op
Broker Co-op
2.5
# Of Units Total
2
Unit Information
# Of Buildings
2
# Of Units Leased
0
# Of Units Month to Month
0
# Of Units Vacant
0
# of 1 Bedroom Units
0
# of 2 Bedroom Units
0
# of 3 Bedroom Units
1
# of 4 Bedroom Units
1
# of Studio Units
0
# Commercial Units
0
Unit 1 Bedrooms
3
Unit 1 Full Baths
2
Unit 1 Partial Baths
0
Unit 1 Rent
$
3500
Unit 1 Description
The single Level 3 bedroom, 2 bath home.
Unit 1 Approx SqFt
1100
Unit 1 # of Rooms
4
Unit 1 Occupancy
Vacant
Unit 1 Rent Source
N/A
Unit 1 SqFt Source
Not Measured
Unit 2 Bedrooms
4
Unit 2 Full Baths
3
Unit 2 Partial Baths
1
Unit 2 Rent
$
5500
Unit 2 Description
The two Story home that lives large like a single family home.
Unit 2 Approx SqFt
2273
Unit 2 # of Rooms
7
Unit 2 Occupancy
Owner
Unit 2 Rent Source
N/A
Unit 2 SqFt Source
Not Measured
Unit 3 Bedrooms
0
Unit 3 Full Baths
0
Unit 3 Partial Baths
0
Unit 3 Rent
$
0
Unit 3 # of Rooms
0
Unit 4 Bedrooms
0
Unit 4 Full Baths
0
Unit 4 Partial Baths
0
Unit 4 Rent
$
0
Unit 4 # of Rooms
0
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
0
# of 2 Bedrooms Occupied
0
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
1
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
108000
Gross Rent Multiplier
17.00
Net Operating Income
$
98520
Total Deposit
$
0
Total # Leasable
0
Total # Section 8
0
Utilities Expense
$
0
Operating Expense Includes
None
Tax Annual Amount
$
0
Actual or Scheduled
Scheduled
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Possession
Close Of Escrow
Property Information
Subtype Description
House(s)
Approx SqFt
3,373*
SqFt Source
Assessor Auto-Fill
Price / SqFt
468.43
Lot Sq Ft
(
approx
)
12,998*
Lot Acres
(
approx
)
0.2984
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
0
Year Built
1906*
Year Built Source
Assessor Auto-Fill
Stories
2
Levels
One, Two
Special Listing Conditions
None
Property Condition
Updated/Remodeled
Property Location
County
Marin
Cross Street
Myrtle Ave
Area/District
San Rafael
Subdistrict
Interior Information
Cooling
None
Heating
Central, Fireplace(s), Natural Gas
Laundry Features
Laundry Closet
Construction Information
Foundation
Concrete, Concrete Perimeter, Raised
Roof
Composition
Water Source
Public
Sewer
Public Sewer
Parking Information
Garage Spaces
2
Total Parking Spaces
6
Covered Spaces
0
Carport Spaces
0
Open Parking Spaces
0
# of RV/Boat
0
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Attached, Covered, Off Street, Uncovered
Lot and Outdoor Information
Lot Features
Landscape Back, Landscape Front
View Description
City, Hills, Ridge
Topography
Level, Lot Sloped
Association Information
Association
No
School Information
School District (County)
Marin (Elementary School District: San Rafael City Schools; Middle or Junior School District: San Rafael City Schools; Senior High School District: San Rafael City Schools)
Green Information
Other Listing Information
Mortgage Info
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