February 22, 2014

Low Income Housing… Marin Style

Thanks very much to Burbed reader Barbara for a look at what’s below median income in Mill Valley.

140221-tamalpais-redfin14 Tamalpais Commons Ln
Mill Valley, CA 94941
$328,555

HOA Dues: $308/mo.
0 Beds
1 Baths
400 Sq. Ft.
$821 / Sq. Ft.
Built: 2010
Lot Size: 401 Sq. Ft.
On Redfin: 5 days
Status: Active
HOA Dues: $308/month
Style: Contemporary
Community: Mill Valley
MLS#: 21403124
Property Type: Residential, Attached, Condominium/Coop/Other
Stories: 1
County: Marin

Welcome to Tamalpais Commons, a mixed-use ‘Build It Green’ luxury home development in central Mill Valley. This affordable studio unit is available to low-income buyers who earn $64,890 or less in gross income. The studio features southeast facing windows, maple floors, a full bath, a small balcony, a stacked washer/dryer, a range, dishwasher, and oven. This is an accessible unit and all appliances meet ADA guidelines.

Here’s Barbara on this Econobox:

Thought this might be worthy of burbed – $821/sq foot affordable housing

Yes, but it’s $821 a square foot affordable housing with really shiny floors.  And don’t forget the three hundred bucks for HOA fees on top of your $1317 a month mortgage!

Comments (3) -- Posted by: madhaus @ 7:01 am

3 Responses to “Low Income Housing… Marin Style”

  1. sprezzatura Says:

    for a 400 square foot condo?

  2. Real Estater Says:

    $6.3M to live on the wrong side of the Bay. Seriously?

  3. mtv-renter Says:

    Wow, that price will buy you a house with a 400 square foot bathroom in most sane parts of the country.


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