Sold
Last Sold Price
8 beds3,831 sqft
159 Novato St, San Rafael, CA 94901
Multi FamilyProperty Type
0.04 acresLot Size
1962Year Built
$392/sq ftPrice per sq ft

Description

There is a reason the apartment buildings in this community do not come available often, and when they do, they don't last long. 159 Novato Street offers an ideal investment opportunity in centrally located San Rafael. The units are low maintenance and easy to manage, with HOA dues at just $1350/month. This gated, four-unit compound offers pools, laundry facilities and covered parking. All four units are tenant occupied. Unit #1: 3BR/2BA w/patio; Unit#2: 1BR/1BA w/deck; Unit #3: 1BR/1BA w/deck; Unit...There is a reason the apartment buildings in this community do not come available often, and when they do, they don't last long. 159 Novato Street offers an ideal investment opportunity in centrally located San Rafael. The units are low maintenance and easy to manage, with HOA dues at just $1350/month. This gated, four-unit compound offers pools, laundry facilities and covered parking. All four units are tenant occupied. Unit #1: 3BR/2BA w/patio; Unit#2: 1BR/1BA w/deck; Unit #3: 1BR/1BA w/deck; Unit #4: 2BR/1BA w/deck.

Listing Agent

  1. Matthew Clawson

    Matthew Clawson

    Listing Agent

    Coldwell Banker

    DRE #01985630

    P: (925) 200-3526

Listing closed: 04/29/2024 12:00 AM • Source: EBRD, MLS#: 41052086

Recent comparable sales

Median sold price

$1,675,000

Avg days on market

60

Sale-to-list ratio

96.9%

San Rafael, CA

9 comparable properties found

a view of a house with a deck
1

$1,675,000

Sold 09/16/26

8
Bedrooms
4,520
Square Feet
0.27
Acres
a living room with furniture a flat screen tv and a large window
1/32
2

$1,300,000

Sold 10/09/25

8
Bedrooms
3,200
Square Feet
0.20
Acres
$1,705,000 | 4 Oakhurst Road, San Rafael, CA 94901
3

$1,705,000

Sold 01/23/25

4
Bedrooms
3,640
Square Feet
0.55
Acres
an aerial view of residential houses with outdoor space
4

$1,625,000

Sold 11/07/24

4
Bedrooms
3,915
Square Feet
0.18
Acres
5

$1,531,000

Sold 08/21/26

4
Bedrooms
4.5
Bathrooms
3,343
Square Feet
0.32
Acres
6

$1,300,000

Sold 10/09/25

Unavailable
Bedrooms
5
Bathrooms
3,200
Square Feet
0.20
Acres
$1,680,000 | 111 Glenside Way, San Rafael, CA 94903
7

$1,680,000

Sold 10/15/25

5
Bedrooms
3,996
Square Feet
1.17
Acres
$3,100,000 | 19 Olive Avenue, San Rafael, CA 94901
8

$3,100,000

Sold 04/09/25

4
Bedrooms
3,661
Square Feet
0.16
Acres
a front view of a house with garden
9

$1,750,000

Sold 02/11/26

7
Bedrooms
2,707
Square Feet
0.11
Acres

Location

Listing Courtesy of Coldwell Banker, Matthew Clawson, DRE #01985630

Sold By Jefrey Henderson, Broker, Jefrey Henderson, DRE #01483399

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$10,122 per month

30 year fixed, 7.03% Interest

Principal and Interest

$8,008

Property Taxes

$2,114

HOA Dues

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Property Information for 159 Novato Street

Property Details
  • MLS Type: Residential Income / Fourplex
  • County: Marin County
  • Buyer's Agent Compensation: 2.5%
  • City: SAN RAFAEL
  • Building Type: FOURPLEX
  • Property Sub Type: FOURPLEX
  • Park Spaces Total: 4
Building Information
  • Residences: 4
  • Year Built: 1962
  • Lot Size: 0.04 AC / 1,915 SF
Features
Feature Details
  • Flooring: Carpet
  • Laundry: Common Room
Utility Details
  • Cooling: Other
  • Heating: Baseboard, Fireplace(s)
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Community Pool
Property Details
  • Additional Equipment: None
  • City Transfer Tax: No
  • Exterior: Stucco
  • Lot Description: Other
  • Lot Sq Ft Apx: 1915
  • Lot Size Square Feet: 1915.0
  • Roof: Tar and Gravel
  • Sq Ft Apx: 3831
  • Yard Description: Deck(s), Patio, Swimming Pool
  • Year Built: 1962
  • Acres: 0.04
Location Details
  • Directions to Property: Canal St. to Novato
  • FIPS Code: 06041
  • Parcel Number: 008-190-09
  • Printed Neighborhood Rpt: No
  • Board ID: CONTRA COSTA
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: Balcony/Patio, In Ground Pool
  • Parking Description: 4-7 Cars
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Year Lease
  • Tenant Pays: Cable TV, Electric, Gas
  • Financial Data Source: Owner
Unit 1 Details
  • Unit #/Address - 1: 159-1
  • Occupied By 1: Tenant
  • Bedrooms 1: 3
  • Bathrooms 1: 2
  • Parking Spaces 1: 1
  • Rent 1: $3,470
Unit 2 Details
  • Unit #/Address - 2: 159-2
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Rent 2: $2,992
Unit 3 Details
  • Unit #/Address - 3: 159-3
  • Occupied By 3: Tenant
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Parking Spaces 3: 1
  • Rent 3: $2,512
Unit 4 Details
  • Unit #/Address - 4: 159-4
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Rent 4: $2,992
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, In Ground Pool
Additional Information
Additional Information
  • Fireplace: No

Property History for 159 Novato Street

DateEvent & SourcePriceAppreciation
Apr 29, 2024

Sold

CRMLS #41052086

$1,500,000—
Apr 29, 2024

Sold

EBRD #41052086

$1,500,000—
Apr 29, 2024

Sold

MLSListings #CC41052086

$1,500,000—
DateEvent & SourcePrice
04/29/2024

Sold

CRMLS #41052086

$1,500,000
04/29/2024

Sold

EBRD #41052086

$1,500,000
04/29/2024

Sold

MLSListings #CC41052086

$1,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 159 Novato Street

Taxable ValueLand$728,280Additions$832,255Total$1,560,535
Tax Record2025$25,373 ($2,114 / month)
Home Facts
Total Finished SqFt3,831 SqFtAbove Grade Finished SqFt3,831 SqFtLot Size1,915 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1964CountyMARINAPN008-190-09

Schools near 159 Novato Street

This home is within San Rafael City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
San Pedro Elementary School
PublicK to 5

James B. Davidson Middle School
Public6 to 8

Terra Linda High School
Public9 to 12

San Rafael High School
Public9 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 159 Novato Street, San Rafael, CA 94901
$1,500,000
8
–
3,831
1,915
–
–
–
3,882
1,941
$1,060,000
8
3,828
1,912
$446,500
3
–
3,500
–
$1,330,182
–
5
3,828
1,914
–
–
–
149,544
280,526

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker, Matthew Clawson, DRE #01985630

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.