$1,600,000
UNDER CONTRACT

Estimated payment $9,660/month

Total Views 7,210
8 Beds
8 Baths
4,004 Sq Ft
$400 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Landscaped
  • Wood Siding
  • San Marin High School Rated A-
  • Central Heating

About This Home

Four 2BR/1.5 BA Townhouse apartments on a level lot near downtown Novato, but just far enough away. Located in the desirable far west side of the downtown area. All apartments feature individual laundry rooms and a private fenced in back yard area. Ample off-street parking with each apartment having two spaces - one carport and one open. The property was built in 1979 and has been well cared for since. Wood frame two story construction on a concrete perimeter foundation with a composition roof. There is a shared easement driveway with the building next door, which is also available for sale.

Listing Agent

Pamela Burke

Golden Gate Sotheby's License #02156257 Listed on: 05/27/2026

Golden Gate Sotheby's

Co-Listing Agent

Michael Burke

Golden Gate Sotheby's License #00454938

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 6,803 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,004 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Open Parking Spaces
  • 4 Carport Spaces

Utilities

  • No Cooling
  • Central Heating

Community Details

  • 4 Units
  • Gross Income $144,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978 | Remodeled

Lot Details

6,803 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Lot Size Acres: 0.1562
  • CapRate: 6.8
  • Levels: Two
  • ArchitecturalStyle: Contemporary
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: 7A2676
  • Co List Office Mls Id: 7A2676
  • Directions: From US 101, take the DeLong exit, then right on Novato Blvd, left on Vallejo to 7th Street.
  • Living Area: 4004
  • Power Production Type: None
  • Special Features: UnderContract

Interior Features

  • Basement: None
  • NumberOfBuildings: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Construction Materials: Wood
  • Lot Features: Landscape Front
  • Property Condition: Original, Updated/Remodeled
  • Roof: Composition
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Carport, Uncovered
  • Carport Spaces: 4
  • OpenParkingSpaces: 4

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Individual
  • Laundry Features: In Unit

Lot Info

  • Lot Size Sq Ft: 6803

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1978

Multi Family

  • NumberOfUnitsTotal: 4
  • Annual Gross Income: 144000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,304 $637,981 $165,740 $472,241
2025 $11,304 $625,504 $162,491 $463,013
2024 $11,062 $613,272 $159,305 $453,967
2023 $10,800 $601,280 $156,182 $445,098
2022 $10,526 $589,523 $153,120 $436,403
2021 $10,506 $577,997 $150,118 $427,879
2020 $10,380 $579,587 $148,579 $431,008
2019 $9,903 $560,902 $145,666 $415,236
2018 $9,720 $549,937 $142,810 $407,127
2017 $9,516 $539,186 $140,010 $399,176
2016 $8,927 $528,646 $137,265 $391,381
2015 $8,747 $520,732 $135,204 $385,528
2014 $8,484 $510,564 $132,556 $378,008
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2026 07/07/26 Price Changed $1,600,000 -3.0% $400 / Sq Ft
05/28/2026 05/28/26 Price Changed $1,650,000 +3.1% $412 / Sq Ft
05/27/2026 05/27/26 For Sale $1,600,000 -- $400 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $1,300,000 New Conventional
Closed $1,125,000 Negative Amortization
Closed $1,046,000 Balloon
Closed $520,000 Unknown
Closed $521,500 Unknown
Source: Public Records

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326045963

Bay Area Real Estate Information Services (BAREIS)

APN: 141-251-30

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