1304-1306 Leafwood Drive
1304-1306 Leafwood Drive
$3,150,000
—
7,700
7,700
$409
Contingent - No Show
Description
6.07% Starting Cap Rate in Marin County! Excellent investment opportunity to own an upgraded 12-unit apartment complex with rental upside in coveted Marin County. Highlighted by a unit mix of eight (8) 2-bedroom, 1-bath units and four (4) 1-bedroom, 1-bath units, the subject property consists of two buildings located on three separate parcels in central Novato, CA. The property has undergone substantial renovations in the last few years including new roofs, new exterior stairways and decks, updated...6.07% Starting Cap Rate in Marin County! Excellent investment opportunity to own an upgraded 12-unit apartment complex with rental upside in coveted Marin County. Highlighted by a unit mix of eight (8) 2-bedroom, 1-bath units and four (4) 1-bedroom, 1-bath units, the subject property consists of two buildings located on three separate parcels in central Novato, CA. The property has undergone substantial renovations in the last few years including new roofs, new exterior stairways and decks, updated hardscape throughout including a newly paved courtyard, dual-pane windows in all units, new exterior paint and drought resistant landscaping. Two of the units have full interior remodels and four additional units have new flooring. The apartment complex features an on-site laundry room, carport parking and separate meters for gas and electric.
- Listed by Steven Level • DRE #01184232 • Brokerage DRE #01499008 • Berkshire Hathaway
Property Details for 1304-1306 Leafwood Drive
Cross Street
Sunset Pkwy
Total Parking Spaces12
Location
LISTING UPDATED: 05/17/2024 03:34 PM
Property Details for 1304-1306 Leafwood Drive
Status | Contingent - No Show |
---|---|
MLS # | 324023387 |
Days on Compass | 4 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1960 |
Lot Size | 0.37 AC / 16,138 SF |
County | Marin County |
Location
Building Information for 1304-1306 Leafwood Drive
Stories-Residences-Year Built1960Building Size-Lot Size0.37 AC / 16,138 SF
Payment Calculator
$17,191 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1304-1306 Leafwood Drive
Property History for 1304-1306 Leafwood Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1304-1306 Leafwood Drive
This home is within Novato Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Lynwood Elementary School PublicK to 5 | ||
San Jose Intermediate Public6 to 8 | ||
Novato High School Public9 to 12 | ||
Nova Education Center PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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