$1,600,000

Estimated payment $10,402/month

8 Beds
8 Baths
4,308 Sq Ft
$371 Price per Sq Ft

About This Home

Pacheco Villas, a 16-unit multifamily portfolio comprising four individual fourplex buildings on a wooded hillside in Novato, the northern gateway to Marin County. Built in 1978 of wood-frame construction, the Property offers spacious two-bedroom residences averaging 996 square feet, each with its own in-unit washer and dryer. The offering is structured for flexibility: the four fourplexes at 1, 17, 30 and 33 Clay Court may be acquired together as a portfolio or purchased individually. Direct US-101 access and a SMART rail station connect residents south to San Francisco and the broader Bay Area employment base, while stringent land-use controls and Marin's decades-long undersupply of new multifamily housing continue to constrain competing supply and support durable, long-term rent growth

Listing Agent

Adam Foley

CBRE, Inc. License #02144332 Listed on: 07/20/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 4,308 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Pool

  • Private Pool

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Building Details

  • 4 Leased Units
  • Insurance Expense $1,186
  • Maintenance Expense $804
  • Manager Expense $4,174
  • Other Expense $29,062
  • Utility Expense $3,574
  • Operating Expense $59,768
  • Gross Income $151,009

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Zoning: n/a
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4308
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Living Sq Ft: 4308
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Shingle
  • Pool: Pool - In Ground

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 1570
  • HOA Exist: Yes

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9120.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 10.07
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1186
  • Expense Maintenance: 804
  • Expense Management: 4174
  • Expenses Other: 29062
  • Expenses Total: 59768
  • Expenses Utility: 3574
  • Income Annual Gross: 151009.00
  • Income Annual Rental: 157104
  • Income Gross Scheduled: 158957
  • Income Includes: Rents
  • Income Other: 1853
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Contract Services, Fee - Association, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Salary Employee(s), Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

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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 $22,930 $1,694,477 $888,450 $806,027
2025 $22,930 $1,661,289 $871,032 $790,257
2024 $22,531 $1,628,759 $853,960 $774,799
2023 $22,071 $1,596,854 $837,216 $759,638
2022 $21,541 $1,565,575 $820,800 $744,775
2021 $19,641 $1,370,679 $857,752 $512,927
2020 $19,351 $1,356,645 $848,960 $507,685
2019 $18,765 $1,330,085 $832,320 $497,765
2018 $18,466 $1,304,038 $816,000 $488,038
2017 $18,113 $1,278,500 $800,000 $478,500
2016 $13,517 $946,543 $275,660 $670,883
2015 $13,267 $932,355 $271,521 $660,834
2014 $12,946 $914,124 $266,203 $647,921
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
07/20/2026 07/20/26 For Sale $1,600,000 -- $371 / Sq Ft
Source: MLSListings

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
Grant Deed -- Old Republic Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,271,500 Stewart Title Of California
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $910,000 Old Republic Title Company
Interfamily Deed Transfer -- California Land Title Marin
Grant Deed $1,060,000 California Land Title Marin
Interfamily Deed Transfer -- --
Grant Deed $555,000 California Land Title Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Grant Deed $520,000 --
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
Previous Owner $1,500,000 Commercial
Previous Owner $682,500 New Conventional
Previous Owner $689,000 Purchase Money Mortgage
Previous Owner $581,250 Stand Alone First
Source: Public Records

Source: MLSListings

MLS Number: ML82054821

MLSListings

APN: 160-581-14

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