$1,500,000
$1,625,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
1300 Olive AVE Novato, CA 94945
3,000 SqFt
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $500
MLS Listing ID 323049196
Sold Date 02/29/24
Style Bungalow,Contemporary
HOA Y/N No
Year Built 1970
Lot Size 9,750 Sqft
Acres 0.2238
Property Sub-Type 5 or More Units
Property Description
Price Reduced! This 5-plex is fully occupied, do not disturb tenants. Unit 1 is free standing 2bd/1ba casita and rent is $2,761 per month Unit 2 is a 1bd/1ba and rent is $1,979 Units 3 & 4 are 1bd/1ba units and rent is $2,200 each Unit 5 is a 1bd/1ba ad rent is $2,142 Total monthly rent is $11,282 New flat portion of roof replaced in Nov. of 2022, shingled portion of roof replaced in March, 2016, new gutters, freshly painted exterior and interiors of units 3 & 4. There are separate PG&E meters for each unit. There is only 1 water meter. On site coin operated laundry. Lower units have small patios and upper units have newly built decks. Heat is supplied by gas powered wall furnaces. Great location, very close to Grant Avenue and all it has to offer.
Location
State CA
County Marin
Area Novato
Interior
Heating Gas, Wall Furnace
Cooling Ceiling Fan(s)
Flooring Carpet, Simulated Wood
Laundry Coin Operated, Common Area
Exterior
Carport Spaces 5
Waterfront Description Public,Water District
Roof Type Composition
Porch Balcony/Deck
Total Parking Spaces 6
Private Pool No
Building
Lot Description None
Foundation Slab
Sewer Public Sewer
Water Public, Water District
Architectural Style Bungalow, Contemporary
Others
Tax ID 14123309
Financing Conventional
Special Listing Condition Standard
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