707 Diablo Avenue, Novato, CA 94947 | MLS 324007623 | Listing Information | Berkshire Hathaway HomeServices Drysdale Properties | Berkshire Hathaway HomeServices Drysdale Properties
FOR SALE
$9,400,000  

707 Diablo Avenue
Novato, CA 94947

Multi-Family
Residential
16,215
Sq. Ft.
0.7633
Acres Lot
Courtesy: Steve Level - Berkshire Hathaway
Newly renovated 24-Unit apartment complex with rental upside located in affluent Marin County, one of the strongest and most coveted rental markets in the Bay Area. Comprised of an excellent unit mix of twenty-one (21) 2-bedroom, 1-bath units and three (3) 1-bedroom, 1-bath units, the complex features a swimming pool, on-site laundry room, carport parking, individual meters for gas and electric and RUBS utility billing. Fourteen (14) of the units have been fully remodeled with updated kitchens, bathrooms, flooring, paint, fixtures, and lighting. Eleven (11) of the remodeled units have been upgraded with an in-unit stacked washer and dryer. All the 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. Recent property improvements include new decks and patios, hardscaping, landscaping, exterior paint, parking surface and striping, perimeter fencing, mailboxes, and building signage. The current ownership has invested over $800,000 in overall property improvements, and the previous ownership fully replaced the swimming pool and installed new roofs on both buildings in 2018.
324007623
Multi-Family, Other
Marin
1971
0.7633 Acres
Public
Public Sewer
16,215 Sq. Ft.
Yes -24 spaces
Detailed Room Information
Laundry
Common Area
Exterior / Lot Features
Parking
24 Carport Spaces. 36 Parking Spaces.
Roof
Composition, Shingle
Additional Exterior/Lot Features
Irregular Lot.
Financial Considerations
140-273-43
Courtesy: Steve Level - Berkshire Hathaway
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