11 Commodore Marina, Mill Valley Loop #Unit B, Out Of Area, CA 94941 - Berkshire Hathaway HomeServices California Properties
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11 Commodore Marina, Mill Valley Loop #Unit B, Out Of Area, CA 94941

$420,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Robert Warner
Lic#: 02093031
Broker: Courtesy of eXp Realty of Greater Los Angeles

Agent Remarks

This stunning fully furnished upstairs Houseboat unit is fully furnished and features a raised platform bed to overlook the open water views, a full kitchen including a stacking washer/dryer, a full bath with heated floors and a private outside deck area. It is energy efficient and all electric with high-speed internet and a Sonos sound system installed throughout. Also included is a 60 sq. ft. climate-controlled storage unit below deck. The Unit has had lease approval from Commodore Marina to operate as a short-term rental since September 2022. Gross rental income in 2024 was $79,608 at 81% occupancy, making the GRM just 4.96 years, The NOI was $47,554, making the Cap rate 12.0%.

Listing Details

Property type: (Residential Income)
Status: Pending
MLS# 25-893
Price: $420,000
Beds: 0
Baths: 0
Built in 2022
0.00 acres
Lot size: 0.0000
County: Out of Area
Zoning: C-M
Parking description: Uncovered
Lot description: Near Public Transit
Heating description: Other,Radiant Flooring
MLS area: 97 - OUT OF AREA
Pets Allowed: Yes

Last Updated: 5/14/2025

 Days On Market (DOM): 73

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This listing belongs to the 97 - OUT OF AREA MLS area

Lat/Long: 37.879075, -122.512631.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692