Pending

Contingent - No Show

1317-1319 Leafwood Dr

Novato CA, 94947

$2,195,000


$285.06 per sqft

Pending

Contingent - No Show

2 Baths

7,700 sqft

Multi-family

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.

324092309

MLS ID

February 1, 2025

Listed

February 3, 2025

Updated

Map

1317-1319 Leafwood Dr
Novato CA, 94947

Interior Features

Total Stories

0


Total Bathrooms

2


Full Bathrooms

2


Appliances

Dishwasher, Free Standing Gas Oven


Laundry Description

Coin Operated, Washer/Dryer Owned


Floor Description

Laminate, Simulated Wood, Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.18 Acres


Exterior Features

Curb(s), Garden, Sidewalk


Lot Features

Curb(s), Garden, Sidewalk


Architectual Style

Mid-Century, Other


Roof

Bitumen


Sewer

Public Sewer

Other Property Details

Area Name

Novato


Garage

No


Parking

Off Street, Street


Parking Total

8


View

Yes


View Description

Garden/Greenbelt


County

Marin


Water Source

Public, Water District


Pool

No

Listing History

Date

Event

Price

2/3/2025

Pending

2/2/2025

Under contract

Listed by Rick Trono (01045523) with Compass

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sammy Caishpal | CA DRE# 02127043 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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