Home | Marin County | Mill Valley | 94941 | 158 E Blithedale Ave
MLS: BA325084247 | Status: | Price: $2,590,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 0 | 4,138 | 1914 |
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.
| Field | Value |
|---|---|
| MLS # | BA325084247 |
| MLS Source | Bay Area Real Estate Information Services, Inc. |
| Feature | Details |
|---|---|
| Cooling | None |
| Heating | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Garage: 0 Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Michael Johnston | Stephen Pugh |
| Engel & Voelkers San Francisco | |
| License #: 01370461 | License #: 00894530 |
| Phone: (415) 794-6453 | Phone: (415) 497-8307 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 0 | 1 | 1/0 | $1 | – | – |
| 2 | 0 | 1 | 1/0 | $1 | – | – |
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This listing information is up-to-date as of May 13, 2026. For the most current information, please contact Michael Johnston, (415) 794-6453.