$1,832,500
$2,195,000
16.5%For more information regarding the value of a property, please contact us for a free consultation.
1319 1317 Leafwood DR Novato, CA 94947
7,700 SqFt
Key Details
Sold Price $1,832,500
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,700 sqft
Price per Sqft $237
MLS Listing ID 324092309
Sold Date 04/03/25
Style Mid-Century,Other
HOA Y/N No
Lot Size 7,850 Sqft
Acres 0.1802
Property Sub-Type 5 or More Units
Property Description
Discover an exceptional investment opportunity in Marin County with this 12-unit multifamily apartment complex located in central Novato, CA this property is comprised of 2 two-story buildings. Property Highlights: Unit Mix - 8 spacious 2-bedroom, 1-bath units - 4 comfortable 1-bedroom, 1-bath units. Amenities & Features: On-site laundry room for tenant convenience. Covered carport parking. Individually metered utilities for gas and electric. Prime Location: Located just minutes from Vintage Oaks Shopping Center, tenants enjoy access to popular retailers like Costco, Target, and Starbucks, along with dining favorites such as In-N-Out Burger, Panera Bread and Hopmonk Tavern. The property is ideally positioned 20 miles north of San Francisco and under 25 miles from Sonoma, offering convenience for commuters and weekend adventurers alike. Steady Income & Upside Potential: This apartment complex has a history of high occupancy with minimal tenant turnover, reflecting strong demand in the area. The property offers peace of mind to investors. Chase Bank assumable loan and seller will carry a second.
Location
State CA
County Marin
Area Novato
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Laminate, Simulated Wood, Tile, Vinyl
Appliance Dishwasher, Free-Standing Gas Oven
Laundry Coin Operated, Washer/Dryer Owned
Exterior
Utilities Available Cable Available, Natural Gas Connected
Waterfront Description Public,Water District
View Garden/Greenbelt
Roof Type Bitumen
Porch Balcony/Deck
Total Parking Spaces 8
Private Pool No
Building
Lot Description Curb(s), Garden, Sidewalk
Foundation Slab
Sewer Public Sewer
Water Public, Water District
Architectural Style Mid-Century, Other
Others
Tax ID 15211117
Financing Conventional
Special Listing Condition Offer As Is
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