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2078 Paradise Dr, Belvedere Tiburon, CA 94920

7 beds, 4 baths, 2,316 sqft
Off Market
Zestimate®: $1,979,778
Rent Zestimate®: $7,550/mo
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A rare opportunity to own a very special blue chip investment property in one of the most coveted locations in the bay area. This special four unit building sits on its own private beach with world class views of the San Francisco Bay, Angel Island, Berkeley and beyond. Located approximately ½ mile from the quaint downtown area of Tiburon this property this offers incredible convenience to restaurants, shops and the Tiburon Ferry all located just a few minutes stroll away. Just inside the protective wing of Lyford Cove along Paradise Drive this gem is situated in the Tiburon "Banana Belt" a unique, mild micro climate protected from the wind. Inhale the fresh ocean air, listen to the waves of the bay lap the private beach and launch your kayak or paddle board from your own private beach. It doesn't get any better than this.Each of the four units are unique, charming, spectacular and in high demand. Starting at the top is a cozy studio unit ideal for one person featuring chic white washed wood tongue and groove walls throughout, a sleeping nook for double bed/or office, efficient kitchen, full bath and a large window offering spectacular views. Access to the private beach, kayak storage area, laundry and storage are just a few flights of stairs down.Unit Two is a simply spectacular 2 bedroom 1 Bath unit also featuring chic vintage white washed wood tongue and groove walls throughout, a full kitchen, dining room, a vintage red brick fireplace and a large covered deck with terra cotta tiles deck that runs the full length of the building. No need to go on vacation when you live at this magical locale. Unit Three is a 2 bedroom 1 bath unit which was fully renovated in 2013 and offers sleek modern lines, granite countertops in the kitchen, new cabinets, new appliances, a new high efficiency heating unit, new carpeting and a large deck with terra cotta tiles. This special unit is all tuned up and looks fantastic.Unit Four is a 2 bedroom 1 bath unit and is closest to the beach and the water offering a real opportunity to connect with nature. This classy vintage unit offers beautiful hardwood floors, gorgeous white washed wood tongue and groove walls throughout, a classic red brick fireplace, dining area overlooking the beach & bay and a large wood full length deck. You can practically reach out and touch the waves from here, a very special unit indeed.All three of the 2 bedroom units come with their own garage, which is extremely valuable in an area with limited parking. There is a large storage area in the basement with a coin operated washer & dryer and a smaller storage area one level down from the street level.All units are individually metered for utilities which are paid by the tenants, monthly ownership expense is a nominal PG & E house meter.This unique and special property offers steady cash flow with the potential for long term appreciation and improving rental rates. The current tenants are excellent and enjoy a nice community environment. For questions or to schedule a showing of this special blue chip investment opportunity, qualified buyers and their agents please contact the listing agent Kenton Wolfers 415-609-5138.  MoreLess
 
Facts
  • Lot: 10,078 sqft
  • Multi Family
  • Built in 1940
  • Heating: Other
  • Last sold: Mar 2004 for $1,940,000
Features
  • Deck
  • Fireplace
  • Flooring: Carpet, Hardwood
  • Parking: Garage - Attached
  • View: Water
  • Waterfront
Appliances Included
  • Dishwasher
  • Dryer
  • Range / Oven
  • Refrigerator
  • Washer
Construction
  • Roof type: Other
  • Structure type: Other
Other
  • Floor size: 2,316 sqft
  • Heating: Gas, Other
  • Last remodel year: 1960
  • Laundry: In Unit
  • Parcel #: 05918189
  • Unit floor #: 4
  • Zillow Home ID: 80741589
Home Values
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$1,979,778
+$72,848 Last 30 daysd
$1.82M
$2.12M
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$7,550/mo
+$526 Last 30 daysd
$5.7K
$9.9K
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Neighborhood for 2078 Paradise Drive

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Zillow predicts 94920 home values will increase 2.8% next year, compared to a 4.3% increase for Tiburon as a whole. Among 94920 homes, this home is valued 5% less than the midpoint (median) home, but is valued 0.6% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 94920, the number of foreclosures waiting to be sold is 15% less than in Tiburon, and 55.8% less than the national average. This lower local number could help 94920 home values rise more quickly than other regions in Tiburon.

Learn more about forecast calculations or 94920 home values.
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     Other Units in this Building (1)ZestimateBedsBathsSqft

    Nearby Schools in Tiburon

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