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230 San Andreas Drive

Novato, CA 94945
  • $1,250,000
  • STATUS: Pending
  • ON SITE: 20 Days
  • ID#: 326024223
Pending
$1,250,000
  • 6
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,592
    SQFT
  • $482
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

Description

230 San Andreas Drive presents a clean, well-maintained triplex comprising three townhouse-style units. This is an efficient, low-maintenance asset poised for stable cash flow and long-term appreciation. Each unit offers a multi-level floor plan, each with private, fenced patios, which drives tenant demand and retention, reducing turnover and vacancy exposure. The property has been consistently maintained, minimizing near-term capital expenditures and supporting predictable operating performance. Investment Highlights: * Desirable townhome-style configuration (premium rental appeal vs. flat units) * Stable in-place income with a clear path to rental upside * Low deferred maintenance; operationally efficient asset * Favorable unit mix for broad tenant pool * Strong Novato submarket with consistent demand. Strategically located with immediate access to Hwy 101 and Novato's retail/employment corridors, the property benefits from durable occupancy fundamentals and rent growth potential. Ideal for investors seeking a low-friction acquisition with day-one income and the ability to optimize returns through rent repositioning over time.

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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: 2026-04-19T23:56:46.387.
www.hiraethhomes.com/homes/174564766
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230 San Andreas Drive Novato, CA 94945

  • Price: $1,250,000
  • Status: Pending
  • On Site: 20 Days
  • ID#: 326024223
6
Beds
3
Baths
0
½ Baths
0.22
Acres
2,592
SQFT
$482
$/SQFT
1972
Built
Neighborhood:
Novato
County:
Marin
Area:
Novato
Property Description
230 San Andreas Drive presents a clean, well-maintained triplex comprising three townhouse-style units. This is an efficient, low-maintenance asset poised for stable cash flow and long-term appreciation. Each unit offers a multi-level floor plan, each with private, fenced patios, which drives tenant demand and retention, reducing turnover and vacancy exposure. The property has been consistently maintained, minimizing near-term capital expenditures and supporting predictable operating performance. Investment Highlights: * Desirable townhome-style configuration (premium rental appeal vs. flat units) * Stable in-place income with a clear path to rental upside * Low deferred maintenance; operationally efficient asset * Favorable unit mix for broad tenant pool * Strong Novato submarket with consistent demand. Strategically located with immediate access to Hwy 101 and Novato's retail/employment corridors, the property benefits from durable occupancy fundamentals and rent growth potential. Ideal for investors seeking a low-friction acquisition with day-one income and the ability to optimize returns through rent repositioning over time.
Exterior Features

Carport Spaces 3 Construction Materials Shingle SidingStucco Covered Spaces 0 Foundation Details Slab Independent Parking Spaces 0 Levels Two Lot Features CornerLandscape Front Open Parking Spaces 3 Parking Features CarportSide-by-SideUncovered Parking Total 6 Patio And Porch Features Uncovered Patio Roof Foam Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 0 2 Bedroom Units Total 3 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Appliances DishwasherDisposalElectric Water HeaterFree Standing Electric OvenFree Standing RefrigeratorSelf/Cont Clean Oven Commercial Units Total 0 Cooling None Flooring CarpetVinyl Heating Central Laundry Features Other Studio Units Total 0

Property Features

Accessibility Features None Association Fee 0 Association YN No Auction No Gross Income 101100 Property Condition Updated/Remodeled Property Sub Type Triplex Property Type Residential Income Security Features Carbon Mon Detector Separate Meters Common Area MeterElectricityGas Sewer Public Sewer Subtype Description Townhouses Tenant Pays Cable TVElectricityGas Utilities Cable AvailableElectricInternet AvailableNatural Gas ConnectedSewer Connected Water Source Water District

Listing information © 2026 Bay Area Real Estate Information Services. Listing courtesy of Eric Blomendale of Coldwell Banker Realty: 415-461-3220.


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: 2026-04-19T23:56:46.387.
 
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