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Listed by Adam Foley • CBRE, Inc., DRE#02144332
$1,600,000
Est. payment /mo
8 Beds
6 Baths
3,984 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $401
MLS Listing ID ML82054825
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Fees $1,570
HOA Y/N 1
Year Built 1978
Lot Size 6,545 Sqft
Property Sub-Type Fourplex
Property Description
Pacheco Villas, a 16-unit multifamily portfolio comprising four individual fourplex buildings on a wooded hillside in Novato, the northern gateway to Marin County. Built in 1978 of wood-frame construction, the Property offers spacious two-bedroom residences averaging 996 square feet, each with its own in-unit washer and dryer. The offering is structured for flexibility: the four fourplexes at 1, 17, 30 and 33 Clay Court may be acquired together as a portfolio or purchased individually. Direct US-101 access and a SMART rail station connect residents south to San Francisco and the broader Bay Area employment base, while stringent land-use controls and Marin's decades-long undersupply of new multifamily housing continue to constrain competing supply and support durable, long-term rent growth.
Location
State CA
County Marin
Area Novato
Interior
Heating Other
Cooling Other
Exterior
Parking Features Covered Parking
Pool Pool - In Ground
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Slate
Building
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Others
Tax ID 160-581-12
Security Features Other
Horse Property No
Special Listing Condition Not Applicable
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