158-160 E Blithedale Avenue, Mill Valley, CA 94941
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
158-160 E Blithedale Avenue,Mill Valley, CA 94941
$2,800,000
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael b johnston, stephen m pugh
Office: engel & voelkers san francisco
MLS#:325084247
Source:CABCREIS
Price summary
- Price:$2,800,000
About this home
Price reduced! One unit will now be delivered vacant; now a 5.2 CAP. 158-160 E. Blithedale Avenue is an extremely rare mixed-use opportunity in downtown Mill Valley. The property consists of 12 total unitssix apartments and six office/retail suitesacross three buildings totaling approximately 5,760 SF. With a long history of stable tenancy and a strong mix of residential and commercial uses, this asset combines steady in-place income with significant upside potential through rent growth and modernization. Apartments are tucked away off the street for privacy, while retail and office spaces enjoy excellent street visibility on a high-traffic corridor. The property has been well-maintained with updates to units, dual-pane windows, and modern features. Amenities include covered parking, private decks, in-unit laundry in select apartments, and a communal pergola-shaded picnic area that creates a sense of community. Some units enjoy views of the redwoods and surrounding hillsides. This is a rare chance to own a private-feeling income property in the heart of Mill Valley, combining lifestyle appeal with investment fundamentals.
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Home facts
- Year built:1914
- Listing ID #:325084247
- Added:146 day(s) ago
- Updated:February 10, 2026 at 04:06 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
Structure and exterior
- Year built:1914
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,800,000
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