$1,850,000
$2,250,000
17.8%For more information regarding the value of a property, please contact us for a free consultation.
339 329 Olema RD Fairfax, CA 94930
8,568 SqFt
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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