Property summary
This exceptional mixed-use investment opportunity in Larkspur, CA, presents a compelling value-add proposition. The property, located at 1131 Magnolia Ave, 94939, comprises three buildings situated on a 15,000 square foot lot in the thriving North Magnolia commercial area. The main structure, a 5,000 square foot CMU retail building, houses two established tenants: Balloon Delights and Gloss Beauty. An underutilized storage area offers expansion potential. A separate freestanding commercial… building at 1129 Magnolia Ave is available for lease, adding to the income stream. Additionally, a residential duplex (1131) provides further diversification. The property boasts a total of 8,171 square feet, currently operating at 85% occupancy, generating a Net Operating Income (NOI) of $69,708.76, and a current cap rate of 2.32%. A pro-forma cap rate of 4.42% highlights the significant upside potential. The asking price is $3,000,000, translating to $367.15 per square foot. Built in 1925, this property benefits from its strategic location adjacent to the new Magnolia Village development, a key thoroughfare connecting Larkspur to neighboring communities. With five units and a remaining lease term of two years, this property offers a blend of immediate income and long-term growth prospects in a highly desirable Marin County location. The property's mixed-use nature, multiple buildings on a single parcel, and established tenants make it an attractive investment for discerning buyers seeking a value-add opportunity in a prime location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 14 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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