The subject property is a well-located 19-unit apartment complex situated on approximately 0.59 acres in the highly desirable community of Corte Madera, California. The property features an appealing unit mix, consisting of eighteen two-bedroom, one-bathroom units and one two-bedroom, two-bath unit. All units enjoy access to on-site storage, outdoor space, including balconies or patios, a well-maintained common area, on-site laundry facilities, and landscaped grounds that contribute to a relaxed, residential atmosphere. The building is ideally positioned near major transportation routes, top-rated schools, dining, and abundant outdoor recreational opportunities. Ample tenant and guest parking further enhances the property's accessibility and convenience. 801 Meadowsweet Drive provides an attractive blend of stable income, future upside potential, and pride of ownership in a premier Marin County location. Given its strong unit mix, lifestyle appeal, and proximity to the natural beauty of Mt. Tamalpais and the broader North Bay, this asset presents an exceptional opportunity for both new and experienced multifamily investors seeking long-term value and growth.
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Corte Madera is located in California. Corte Madera, California has a population of 10,145. Corte Madera is more family-centric than the surrounding county with 42.51% of the households containing married families with children. The county average for households married with children is 33.06%.
The median household income in Corte Madera, California is $183,661. The median household income for the surrounding county is $131,008 compared to the national median of $69,021. The median age of people living in Corte Madera is 44.3 years.
The average high temperature in July is 76.7 degrees, with an average low temperature in January of 42.8 degrees. The average rainfall is approximately 40.6 inches per year, with 0 inches of snow per year.
