NOT LISTED FOR SALE

707 Diablo Ave Novato, CA 94947

Central Novato Neighborhood
45 Beds
-- Bath
16,215 Sq Ft
0.76 Acres

Last Sold September 06, 2019

Last sale price $8,305,000 $512 Per Sq Ft

65 Days on Market

Highlights

  • 0.76 Acre Lot
  • Central Heating
  • Washer and Dryer
  • Novato High School Rated A-
  • Laundry Facilities

About This Home

As of September 2019

24 Unit apartment complex comprised of 21-2BR units and 3-1BR units. Property features a swimming pool, on-site laundry room, carport parking, pitched roofs, separate meters for PG&E and RUBS. Units feature forced air heating, wall AC units in the living rooms, dual-pane windows throughout and most units have either a deck or fenced patio. New pool and roof in 2018. Under market rents. Great investment opportunity.

Last Agent to Sell the Property

Pat Ripple

Berkshire Hathaway License #00417952 Listed on: 06/18/2019

Berkshire Hathaway

Co-Listed By

Courtney DeAngelis

Samson Group License #01464718

Last Buyer's Agent

Steven Level

Berkshire Hathaway License #01184232

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.76

Home Design

  • 16,215 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Parking

  • 12 Open Parking Spaces
  • 24 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Additional Features

  • Washer and Dryer
  • 0.76 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 140-273-43

Community Details

Overview

  • 2 Buildings
  • 24 Units

Additional Features

  • Laundry Facilities
  • Gross Income $566,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Corner of Diablo Ave and Hill Rd. Novato, CA
  • Lot Size Acres: 0.7633
  • CapRate: 3.65
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 512.18
  • Square Footage: 16215
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Carport, Off Street, Street
  • Carport Spaces: 24
  • OpenParkingSpaces: 12

Utilities

  • Cooling: Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned

Lot Info

  • Assessor Parcel Number: 140-273-43
  • Lot Size Sq Ft: 33250

Building Info

  • Year Built: 1971

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1650-1775
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1850-2000
  • Number Of1 Bedrooms Occupied: 3
  • Number of 1 Bedroom Units: 3
  • Number Of2 Bedrooms Occupied: 21
  • Number of 2 Bedroom Units: 21
  • NumberOfUnitsTotal: 24

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $8,305,000 0.0% $512 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $8,305,000 -- $512 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Pat Ripple

    Seller's Agent in 2019

    Pat Ripple

    Berkshire Hathaway

    (415) 722-1149

    9 Total Sales

    Pat Ripple
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Courtney DeAngelis

    Samson Group

    (707) 328-9377

    15 Total Sales

    Courtney DeAngelis
    Section Image
  • Steven Level

    Buyer's Agent in 2019

    Steven Level

    Berkshire Hathaway

    (415) 722-1149

    1 in this area

    38 Total Sales

    Steven Level
    Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21915660

Bay Area Real Estate Information Services (BAREIS)

APN: 140-273-43

California Marin County Novato 94947 Central Novato

707 Diablo Ave, Novato, CA

This home is located at 707 Diablo Ave, Novato, CA 94947 since 18 June 2019. This property was built in 1971. 707 Diablo Ave is a home located in Marin County with nearby schools including Lu Sutton Elementary School, Novato High School, and Marin Christian Academy and North Bay Christian High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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