Address
1300 Olive Ave, Novato, CA
Price
$ 1,750,000
Property Attributes
- MLS#323049196
- TypeMulti-Family
- CountyMARIN
- CityNovato
- AreaNovato
- Zip94945
- StyleBungalow,Contemporary
- Price$ 1,750,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3000
- Lot Size9,749 SqFt
Data Source:
Bay Area Real Estate Info Services (BAREIS)
Property Description
2 units (#s 3 & 4) are vacant, have lockboxes and have been upgraded. The other units are occupied, do not disturb tenants. New roof, new gutters, freshly painted exterior and in units 3 & 4. All units have long term tenants. 2 long term tenants recently moved and those 2 units have been upgraded. There are separate PG&E meters for each unit. There is only 1 water meter. On site coin operated laundry. Lower units have small patios and upper units have newly built decks. Heat is supplied by gas powered wall furnaces. Great location, very close to Grant Avenue and all it has to offer.
| Price History | |
|---|---|
| 9/15/2023 | Listed $1,750,000 |
General Features
| # Of Guest Space(s) | 1 |
|---|---|
| Architectural Style | Bungalow, Contemporary |
| Association Y/N | No |
| Auction | No |
| Cap Rate | 5.00 |
| Carport Spaces | 5.00 |
| City | Novato |
| Close Price | 0.00 |
| Cooling | Ceiling Fan(s) |
| County | Marin |
| Directions | 101 to San Marin exit - left toward San Marin the make left onto Redwood to right on Olive OR DeLong to (R) Redwood to (L) Olive |
| Garage Spaces | 0.00 |
| Gross Income | 133992 |
| Gross Rent Multiplier | 13.06 |
| Heating | Gas, Wall Furnace |
| Levels | One, Two |
| Lot Size Square Feet | 9750.00 |
| MLS Area | Novato |
| Open Parking Spaces | 1.00 |
| Patio/Porch Features | Balcony/Deck |
| Possession | Close Of Escrow, Subject To Tenant Rights |
| Property Condition | Original, Updated/Remodeled |
| Property SubType | 5 or More Units |
| Property Type | Residential Income |
| Roof | Composition |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | Olive |
| Subtype Description | Apartments, House(s) |
| Tenant Pays | Electricity, Gas, Water |
| Total Units | 5 |
| Year Built | 1970 |
| Year Built Source | Other |
Interior Features
| Flooring | Carpet, Simulated Wood |
|---|---|
| Laundry Features | Coin Operated, In Common Area |
| Livingareasource | Not Verified |
| Street Suffix | Avenue |
| Unit 1 # Of Rooms | 3 |
| Unit 1 Approx Sqft | 820 |
| Unit 1 Bedroom Units Total | 4 |
| Unit 1 Bedrooms | 2 |
| Unit 1 Description | Free standing vasita |
| Unit 1 Full Baths | 1 |
| Unit 2 # Of Rooms | 3 |
| Unit 2 Approx Sqft | 525 |
| Unit 2 Bedroom Units Total | 1 |
| Unit 2 Bedrooms | 1 |
| Unit 2 Description | Lower left side unit |
| Unit 2 Full Baths | 1 |
| Unit 2 Type | Apartment |
| Unit 3 # Of Rooms | 3 |
| Unit 3 Bedrooms | 1 |
| Unit 3 Description | Unit 3 lower right side unit & Unit 4 upper left side unit are vacant with lockboxes |
| Unit 3 Full Baths | 1 |
| Unit 3 Type | Apartment |
| Unit 4 Bedrooms | 1 |
| Unit 4 Description | Upper right side unit |
| Unit 4 Full Baths | 1 |
Exterior Features
| Buyer Agent Compensation | 2.5 |
|---|---|
| Buyer Agent Compensation Type | % |
| Covered Spaces | 0.00 |
| Foundation Details | Slab |
| Lot Features | None |
| Lot Size Acres | 0.2238 |
| Lot Size Source | Owner |
| Lot Size Units | SqFt |
| Number of Buildings | 2 |
| Parking Features | Carport, Covered, Detached, Uncovered |
| Total Parking | 6.00 |
| Water Source | Public, Water District |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 94945
Price
Visits
Year Built
Walkscore
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