339 329 Olema RD, Fairfax, CA 94930
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339 329 Olema RD, Fairfax, CA 94930
339 329 Olema RD, Fairfax, CA 94930
339 329 Olema RD, Fairfax, CA 94930
339 329 Olema RD, Fairfax, CA 94930
Listed by Michael J Burke Golden Gate Sotheby's International Realty 

$1,850,000

Est. payment /mo

$2,250,000

17.8%
Est.Price: ?

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339 329 Olema RD Fairfax, CA 94930

8,568 SqFt

SOLD DATE : 08/04/2025

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 8,568 sqft

Price per Sqft $215

MLS Listing ID 325057485

Sold Date 08/04/25

Style Contemporary

HOA Y/N No

Year Built 1964

Lot Size 0.779 Acres

Acres 0.7789

Property Sub-Type 5 or More Units

Property Description

An incredible Marin County investment opportunity in the unincorporated section west of Fairfax. The property is located on .78 acres (33,927 sf) of land and features three spacious side-by-side duplexes with 3BR/1.5 BA townhouse units. Each apartment is 1,428sf. They are thoughtfully designed for modern living. The property's open layout gives each building a sense of privacy and lends itself to future development, such as ADUs. Three separate parcels; however, necessary easements for driveway, parking, utilities, etc between the properties still need to be created and recorded. Buyer to confirm with the County. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units previously rented in the $4500 range. Overall, the property seems to be in good condition, however, a neighboring property caused a mudslide above the middle upper duplex. These two units remain empty and still need substantial repairs, as well as the hillside directly above. Three duplexes priced at $916,000 each with one discounted $500,000 for repairs needed. Properties being sold as a package for $2,250,000 AS IS. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. Live in one or Fix and Flip.

Location

State CA

County Marin

Area Fairfax

Interior

Heating Central

Cooling None

Laundry In Unit

Exterior

Waterfront Description Public

View Garden/Greenbelt, Hills

Roof Type Composition

Porch Enclosed Patio, Uncovered Deck

Total Parking Spaces 9

Private Pool No

Building

Lot Description Secluded

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Others

Tax ID 17405130

Financing Conventional

Special Listing Condition Standard

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