50 Corte Real

Greenbrae, CA 94904

$5,400,000
Price
4
Beds
4
Baths
2
1/2 Baths
12,165 Sq. Ft.
$444 / Sq. Ft.
12,165
Sq. Ft.
$444
per Sq. Ft.

Description

50 Corte Real is rare multifamily investment opportunity in Greenbrae, Marin County. This property consists of a best in class nine (9) unit building with some of the largest apartment floor plans in Marin. The building is divided into two separate buildings. Six units consist of a highly sought after townhome two-story layout that is 2 bedrooms / 2.5 baths at approx. 1,500 SF. Three units consist of 2 bedrooms / 2 baths at approx. 1,350 SF each with front and rear decks. Each unit consist of multiple...50 Corte Real is rare multifamily investment opportunity in Greenbrae, Marin County. This property consists of a best in class nine (9) unit building with some of the largest apartment floor plans in Marin. The building is divided into two separate buildings. Six units consist of a highly sought after townhome two-story layout that is 2 bedrooms / 2.5 baths at approx. 1,500 SF. Three units consist of 2 bedrooms / 2 baths at approx. 1,350 SF each with front and rear decks. Each unit consist of multiple decks, Mt. Tamalpais views, fireplaces, central heating, and ample storage. The large parcel of 20,000 SF (.46 acres) provides a peaceful open space setting for some of the best apartment living Marin is known for. Many big ticket items have been replaced including roof, seismic, and decks. In addition, a 10th ADU studio unit is possible with a former unused space already built out and 7 ft. ceilings. Estimated market rent to be $1,900 per month. Buyer to research ADU possibility with the County of Marin. Don't miss this rare Marin multifamily opportunity with strong upside!
  1. Listed by Samuel Ko • DRE #01894341 • Brokerage DRE #01877174 • Meridian Commercial

Property Details for 50 Corte Real

Cross Street
S. Eliseo Drive
Total Parking Spaces
0
LISTING UPDATED: 06/20/2024 03:52 PM

Property Details for 50 Corte Real

StatusActive
MLS #324048767
Days on Compass184
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1972
Lot Size0.46 AC / 19,998 SF
CountyMarin County

Building Information for 50 Corte Real

Stories-Residences-Year Built1972Building Size-Lot Size0.46 AC / 19,998 SF

Property Information for 50 Corte Real

Summary
Location and General Information
  • Area/District: Larkspur
  • Area Short Display: A1200
  • Directions to Property: Enter address in your GPS.
  • Area Long Display: Larkspur
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 022-283-03
Parking
  • Parking Features: None
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 12165.0
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 19998.0
  • Lot Features: None
Property and Assessments
  • Picture Count: 17
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Actual or Scheduled: Scheduled
  • Gross Rent Multiplier: 0.0
Utilities
  • Sewer: Sewer Public
  • Water Source: Water District
Interior and Exterior Features
Exterior Features
  • Levels: Three
  • # of Floors: 0
Interior Features
  • Heating: Central
  • Cooling: None
  • Laundry Features: Coin Operated
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Rent Range: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 9
  • 2 Bedroom Rent Range: 0
  • 2 Bedroom Annual Occupancy: 100.00%
  • # of 2 Bedrooms Occupied: 9
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 2
  • # Of Units Total: 9
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: Townhome unit 2 / 2.5
  • Unit 1 Full Baths: 2
  • Unit 1 Partial Baths: 1
  • Unit 1 # of Rooms: 2
  • Unit 1 Approx SqFt: 1500
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: Townhome unit 2 / 2.5
  • Unit 2 Full Baths: 2
  • Unit 2 # of Rooms: 0
  • Unit 2 Approx SqFt: 1500
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 0
  • Unit 3 Approx SqFt: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 0
  • Unit 4 Approx SqFt: 0

Property History for 50 Corte Real

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 50 Corte Real

Taxable ValueLand$2,143,472Additions$2,343,199Total$4,486,671
Tax Record2024$65,676 ($5,473 / month)
Home Facts
Total Finished SqFt12,165 SqFtAbove Grade Finished SqFt12,165 SqFtLot Size20,000 SqFtStyleDuplexYear Built1972Year Renovated1982CountyMARINAPN022-283-03

Schools near 50 Corte Real

This home is within Kentfield Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Anthony G. Bacich Elementary School
PublicK to 4

Adaline E. Kent Middle School
Public5 to 8

Redwood High School
Public9 to 12

Tamiscal High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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50 Corte Real is a multi-family home for sale in Greenbrae, CA 94904. This property was listed for sale on June 20, 2024 by Meridian Commercial, it's currently listed at $5,400,000. It has been on the market for a total of 184 days and was last sold on October 21, 2005. This listing's school districts are Kentfield Elementary School District, Tamalpais Union High School District. Nearby schools include Anthony G. Bacich Elementary School, Adaline E. Kent Middle School and Redwood High School. 50 Corte Real is a 4-bed, 5-bath, 12,165 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Meridian Commercial, Samuel Ko, DRE #01894341

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.