
Mill Valley, CA 94941
Strawberry Knoll Apartments consists of 24 apartments across two buildings on adjoining parcels in Mill Valley. The property is located 2.5 blocks from the Strawberry Village shopping center with convenient access to Highway 101 and nearby recreation. 13 units have been renovated to luxury condo-quality condition. The remaining units have some upgraded finishes and are in generally good to excellent condition. The property has been well maintained, with improvements including plumbing upgrades, a remodeled swimming pool, recent exterior paint, and SB721 repairs. The unit mix includes nine spacious two-bedroom apartments and fifteen one-bedroom apartments. Select residences feature in-unit laundry, vaulted ceilings, remodeled kitchens and bathrooms, and private patios or balconies. Common amenities include a landscaped garden courtyard, swimming pool, shared laundry room, and shaded barbecue area for tenant use. This is a generational investment opportunity ideal for a 1031 exchange buyer, or an investor looking to capitalize on the spillover effect created by the robust San Francisco rental market.
Property is new construction or fully renovated.
While originally built in 1964, over 50% of the units (13 of 24) have undergone luxury condo-quality renovations within the last 5 years, featuring modern waterfall islands, high-end cabinetry, and designer bathrooms. The property also boasts significant recent capital improvements including plumbing upgrades, SB721 balcony repairs, a remodeled pool, and fresh exterior paint, placing it in mint, move-in ready condition.
Situated in highly desirable Mill Valley, the property is just blocks from Strawberry Village and offers immediate access to Highway 101, making it a premier choice for commuters to San Francisco.
With 13 units renovated to luxury condo-quality and recent upgrades to plumbing, the pool, and SB721 compliance, the property offers reduced immediate CapEx for a new investor.
The complex features high-demand amenities including a remodeled swimming pool, landscaped courtyard, and private outdoor spaces, which enhance tenant retention and rental value.
Originally constructed in 1964, the property may require ongoing maintenance and long-term oversight of systems not addressed in recent renovations.
With 24 units totaling approximately 9,296 square feet, the average unit size is relatively small, which may limit appeal for tenants seeking more expansive living areas.
No exterior & parking available.
No sensitive facilities data found.
Sep 11, 2026
$11,500,000
Initial Listing
Apr 11, 2022
$9,400,000
Public Record
Jul 22, 1998
$1,320,000
Public Record