1304-1306 Leafwood Drive Novato, CA 94947
20 bed / 7,700 Sq. Ft. / 16,139 Sq. Ft., 0.37 acres lot size / Multi-Family
Status: Sold
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6.07% Starting Cap Rate in Marin County! Excellent investment opportunity to own an upgraded 12-unit apartment complex with rental upside in coveted Marin County. Highlighted by a unit mix of eight (8) 2-bedroom, 1-bath units and four (4) 1-bedroom, 1-bath units, the subject property consists of two buildings located on three separate parcels in central Novato, CA. The property has undergone substantial renovations in the last few years including new roofs, new exterior stairways and decks, updated hardscape throughout including a newly paved courtyard, dual-pane windows in all units, new exterior paint and drought resistant landscaping. Two of the units have full interior remodels and four additional units have new flooring. The apartment complex features an on-site laundry room, carport parking and separate meters for gas and electric.
property details
Type
Multi-Family
Status
Closed
County
Marin
Year Built
1960
Sq. Ft.
7,700
Lot Size
16,139 Sq. Ft., 0.4 acres
Listing Id
324023387
Courtesy Of
Steven Level - Berkshire Hathaway steve@levelcommercial.com
List Office Phone
+1 (415) 329-6790
Interior Features
Beds
20
Living Area Units
Sq. Ft.
Exterior Features
Parking
On Street
Open
Off Street
Covered
Open
Off Street
Covered
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Wall Furnace
Building Area Total
7,700 Sq. Ft.
Architectural Style
2 Story
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
07/29/2024
07/29/2024
|
Sold |
$3,080,532
|
San Francisco Association of Realtors |
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Market Trends
Source: Constellation1
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