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Mill Valley, CA, 94941 • Downtown/Lytton Square • Marin County
-$200,000 since Jan 29, 2026
6Beds
2Baths
0.1 acLot
1914Built
Character Home
Built 1914 · 112 years of history
This home is getting attention
Listed 200 days ago · 888 views · 23 saves
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23 saves
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200 days on market
Established listing
Multi Family · Built 1914 · Historic
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.
Based on current rates
Est. 6.38% rate · 30yr fixed · $2,240,000 loan
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3 schools rated nearby
Mill Valley, CA, 94941
2 events
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Mill Valley, CA • Marin County
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