For sale

Price cut: $220K (8/6)

$4,880,000

1st Cortemadera, Corte Madera, CA 94925

3beds

3baths

6,709sqft

$33,762/mo

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Five Or More Units, Residential Income

Built in 1923

-- sqft lot

$-- Zestimate^®

$727/sqft

$-- HOA

What's special

Large storefront windows

29 1st St (The Property) is a truly one-of-a-kind mixed use investment opportunity in Corte Madera. Featuring two expansive first floor retail spaces, five fully renovated residential units comprising three (3) large studios, one (1) one bedroom, one bathroom unit, and one (1) penthouse taking up the entire top floor with two bedrooms and one bathroom. The Property also features an additional standalone single-story retail property with large storefront windows. The Property offers investors the chance to acquire a diverse income producing asset near downtown Corte Maderas extensive shops, restaurants and amenities, as well as close proximity to Highway 101.

127 days

235

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Central Forced Air

Cooling

Central Air

Features

Doors: Other

Interior area

Total structure area: 6,709
Total interior livable area: 6,709 sqft

Property

Parking

Parking features: Guest, On Street
Has carport: Yes

Accessibility

Accessibility features: Other

Lot

Size: 8,625 Square Feet

Details

Parcel number: 02503618
Zoning: N/A
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income

Materials

Foundation: Other
Roof: Composition

Condition

Year built: 1923

Utilities & green energy

Gas: IndividualGasMeters, PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public

Community & HOA

Location

Region: Corte Madera

Financial & listing details

Price per square foot: $727/sqft
Date on market: 4/17/2026
Listing agreement: ExclusiveAgency
Lease term: Month To Month

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/6/2026	Price change	$4,880,000-4.3%$727/sqft
Source: MLSListings Inc #ML82043477 Report a problem
4/17/2026	Listed for sale	$5,100,000$760/sqft
Source: MLSListings Inc #ML82043477 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 94925

Getting around

51 / 100

Somewhat Walkable

65 / 100

Bikeable

Nearby schools

GreatSchools rating

10/10
The Cove School
Grades: K-5Distance: 0.8 mi
9/10
Hall Middle School
Grades: 6-8Distance: 1.6 mi
10/10
Redwood High School
Grades: 9-12Distance: 1.2 mi

Schools provided by the listing agent

District: Larkspur

Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.