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Fourplex With Decks And Pool
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231 Corte Madera Ave, Corte Madera, CA 94925

Four separately metered 2BR/1BA units in a two-story building with decks or patios and a shared swimming pool.

Property SizeContact for details
Days on Market141

Property Features for 231 Corte Madera Ave

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Year Built 1959
Stories 2
Tenancy Multi
Listing Agency: Golden Gate Sotheby's International Realty
Listed By: Michael Burke · License #CA 00454938
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 5:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Gate Sotheby's International Realty

Investment Insights

Based on property information with market context.

This pride-of-ownership fourplex offers four 2BR/1BA apartments within a two-story building. Each unit includes a very large deck or fenced-in patio overlooking or adjacent to the swimming pool. Inside, the layout is highlighted by spacious living rooms with a large picture window, and dining rooms with sliding glass doors to outdoor space. The building includes four carport parking spaces plus four uncovered off-street spaces, with additional tenant storage and an on-site laundry room.

The property is situated above Corte Madera Town Square, with easy freeway access for commuting and a location only blocks from downtown Larkspur’s restaurants and shops. The building was originally built in 1959 and has been substantially remodeled and upgraded over the years. Units are separately metered, and tenants pay their own PG&E.

Upper units feature open beam ceilings. Two apartments have been nicely remodeled, while the other two will benefit from additional upgrades.

Key Highlights

  • Four 2BR/1BA units in a two‑story building, with each unit having a large deck or fenced‑in patio area by the pool
  • Units have bay views across Corte Madera; upper units feature open beam ceilings
  • Two apartments have been remodeled, while the other two will benefit from upgrades

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby

Demographics for 94925, CA

10,204
Population
4,147
Households
2.5
Avg Household Size
44
Median Age
77%
College-Educated
99%
High-School Grad
3.2 sq mi
ZIP Area
3,189
Density / Sq Mi
$220,771
Median Household Income
$120,154
Median Earnings
$3,468
Median Rent
$1,702,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered 2BR/1BA units in a two-story building with decks or patios and a shared swimming pool.
Where is this quadplex located?
The property is located at 231 Corte Madera Ave Corte Madera, CA.
What are key features of this property?
This property features: Four 2BR/1BA units in a two‑story building, with each unit having a large deck or fenced‑in patio area by the pool; Units have bay views across Corte Madera; upper units feature open beam ceilings; Two apartments have been remodeled, while the other two will benefit from upgrades
(415) 461-7200 Call to check price and availability
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