1319 1317 Leafwood DR, Novato, CA 94947
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1319 1317 Leafwood DR, Novato, CA 94947
1319 1317 Leafwood DR, Novato, CA 94947
1319 1317 Leafwood DR, Novato, CA 94947
1319 1317 Leafwood DR, Novato, CA 94947
Listed by Rick Trono Compass 

$1,832,500

Est. payment /mo

$2,195,000

16.5%
Est.Price: ?

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1319 1317 Leafwood DR Novato, CA 94947

7,700 SqFt

SOLD DATE : 04/03/2025

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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