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1300 Olive Avenue

Novato, CA 94945
  • $1,500,000
  • STATUS: Closed
  • ON SITE: 307 Days
  • ID#: 323049196
Sold - 02/29/2024
$1,500,000
SOLD - 02/29/2024
  • 5
    BEDS
  • 0.22
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

Description

Price Reduced! This 5-plex is fully occupied, do not disturb tenants. Unit 1 is free standing 2bd/1ba casita and rent is $2,761 per month Unit 2 is a 1bd/1ba and rent is $1,979 Units 3 & 4 are 1bd/1ba units and rent is $2,200 each Unit 5 is a 1bd/1ba ad rent is $2,142 Total monthly rent is $11,282 New flat portion of roof replaced in Nov. of 2022, shingled portion of roof replaced in March, 2016, new gutters, freshly painted exterior and interiors of units 3 & 4. 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.

Sold by Behzad Zandinejad of Bayview Residential.

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-19T15:57:19.677.
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1300 Olive Avenue Novato, CA 94945

  • Price: $1,625,000
  • Status: Closed
  • On Site: 307 Days
  • Updated: 133 min ago
  • ID#: 323049196
5
Beds
4
Baths
0
½ Baths
0.22
Acres
3,000
SQFT
$0
$/SQFT
1970
Built
Neighborhood:
Novato
County:
Marin
Area:
Novato
Property Description
Price Reduced! This 5-plex is fully occupied, do not disturb tenants. Unit 1 is free standing 2bd/1ba casita and rent is $2,761 per month Unit 2 is a 1bd/1ba and rent is $1,979 Units 3 & 4 are 1bd/1ba units and rent is $2,200 each Unit 5 is a 1bd/1ba ad rent is $2,142 Total monthly rent is $11,282 New flat portion of roof replaced in Nov. of 2022, shingled portion of roof replaced in March, 2016, new gutters, freshly painted exterior and interiors of units 3 & 4. 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.
Exterior Features

Architectural Style BungalowContemporary Carport Spaces 5 Covered Spaces 0 Foundation Details Slab Independent Parking Spaces 0 Levels OneTwo Lot Features None Open Parking Spaces 1 Parking Features CarportCoveredDetachedUncovered Parking Total 6 Patio And Porch Features Balcony/Deck Roof Composition Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 4 2 Bedroom Units Total 1 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling Ceiling Fan(s) Flooring CarpetSimulated Wood Heating GasWall Furnace Laundry Features Coin OperatedIn Common Area Studio Units Total 0

Property Features

Association Fee 0 Association YN No Auction No Buyer Financing Conventional Gross Income 135384 Property Condition OriginalUpdated/Remodeled Property Sub Type 5 or More Units Property Type ResidentialIncome Separate Meters ElectricityGas Sewer Public Sewer Subtype Description ApartmentsHouse(s) Tenant Pays ElectricityGasWater Water Source PublicWater District

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Matt Markham of Marin Realty Group: 415-927-4443.


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-19T15:57:19.677.
 
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