1300 Olive Avenue

Novato, CA 94945

$1,500,000
Last Sold Price
5
Beds
4
Baths
3,000 Sq. Ft.
$500 / Sq. Ft.
3,000
Sq. Ft.
$500
per Sq. Ft.

Description

Price Reduced! This 5-plex is fully occupied, do not disturb tenants. Unit 1 is free standing 2bd/1ba casita and rent is $2,761 per month Unit 2 is a 1bd/1ba and rent is $1,979 Units 3 & 4 are 1bd/1ba units and rent is $2,200 each Unit 5 is a 1bd/1ba ad rent is $2,142 Total monthly rent is $11,282 New flat portion of roof replaced in Nov. of 2022, shingled portion of roof replaced in March, 2016, new gutters, freshly painted exterior and interiors of units 3 & 4. There are separate PG&E meters for...Price Reduced! This 5-plex is fully occupied, do not disturb tenants. Unit 1 is free standing 2bd/1ba casita and rent is $2,761 per month Unit 2 is a 1bd/1ba and rent is $1,979 Units 3 & 4 are 1bd/1ba units and rent is $2,200 each Unit 5 is a 1bd/1ba ad rent is $2,142 Total monthly rent is $11,282 New flat portion of roof replaced in Nov. of 2022, shingled portion of roof replaced in March, 2016, new gutters, freshly painted exterior and interiors of units 3 & 4. There are separate PG&E meters for each unit. There is only 1 water meter. On site coin operated laundry. Lower units have small patios and upper units have newly built decks. Heat is supplied by gas powered wall furnaces. Great location, very close to Grant Avenue and all it has to offer.
  1. Listed by Matt Markham • DRE #02005124 • Brokerage DRE #01124649 • Marin Realty Group
  2. Listed by Lou La Gatta • DRE #01124649 • Brokerage DRE #01124649 • Marin Realty Group

Property Details for 1300 Olive Avenue

Architectural Style
Bungalow, Contemporary
Cross Street
Redwood
Total Parking Spaces
6

Location

Listing Courtesy of Marin Realty Group, Matt Markham, DRE #02005124; Marin Realty Group, Lou La Gatta, DRE #01124649

Sold By Bayview Residential, Behzad Zandinejad, DRE #01175448

Add your commute
LISTING UPDATED: 03/01/2024 09:42 AM

Property Details for 1300 Olive Avenue

StatusClosed
MLS #323049196
Days on Compass119
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1970
Lot Size0.22 AC / 9,748 SF
CountyMarin County

Location

Listing Courtesy of Marin Realty Group, Matt Markham, DRE #02005124; Marin Realty Group, Lou La Gatta, DRE #01124649

Sold By Bayview Residential, Behzad Zandinejad, DRE #01175448

Add your commute

Building Information for 1300 Olive Avenue

Stories-Residences-Year Built1970Building Size-Lot Size0.22 AC / 9,748 SF

Payment Calculator

$9,341 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,155

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1300 Olive Avenue

Summary
Location and General Information
  • Area/District: Novato
  • Area Short Display: A1700
  • Directions to Property: 101 to San Marin exit - left toward San Marin the make left onto Redwood to right on Olive OR DeLong to (R) Redwood to (L) Olive
  • Area Long Display: Novato
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 141-233-09
Parking
  • Parking Features: Carport, Covered, Detached, Uncovered
  • Carport Spaces: 5
  • Garage Spaces: 0
  • Open Parking Spaces: 1
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 3000.0
  • Square Footage Source: Not Verified
  • Year Built Source: Other
  • Lot Size Source: Owner
  • Lot Size Square Feet: 9750.0
  • Lot Features: None
  • Property Condition: Original,Updated/Remodeled
Property and Assessments
  • Buyer Financing: Conventional
  • Picture Count: 20
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Any offer of compensation is made exclusively to Broker Participants of the MLS where the subject listing is filed.<BR> Copyright &copy; 2024 Bay Area Real Estate Information Services, Inc. All rights reserved.<BR>Copyright</A> &copy;2024 <A name="trans">Rapattoni Corporation. All rights reserved.</A><BR>U.S. Patent 6,910,045
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 12.0
Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public, Water District
  • Separate Meters: Electricity, Gas
Interior and Exterior Features
Exterior Features
  • Foundation: Slab
  • Levels: One, Two
  • Patio And Porch Features: Balcony/Deck
  • Roof: Composition
  • # of Floors: 0
Interior Features
  • Heating: Gas, Wall Furnace
  • Cooling: Ceiling Fan(s)
  • Flooring: Carpet, Simulated Wood
  • Laundry Features: Coin Operated, In Common Area
  • # of Guest Space(s): 1
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Rent Range: 1979-2200
  • 1 Bedroom Annual Occupancy: 100.00%
  • # of 1 Bedrooms Occupied: 4
2 Bedroom Unit
  • # of 2 Bedroom Units: 1
  • 2 Bedroom Rent Range: 2761
  • 2 Bedroom Annual Occupancy: 100.00%
  • # of 2 Bedrooms Occupied: 1
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $135,384.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 2
  • # Of Units Total: 5
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: Free standing casita
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 3
  • Unit 1 Approx SqFt: 820
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: Lower left side unit
  • Unit 2 Full Baths: 1
  • Unit 2 # of Rooms: 3
  • Unit 2 Approx SqFt: 525
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: Unit 3 lower right side unitUnit 4 upper left unitBoth unkts receive $2200 per month
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 3
  • Unit 3 Approx SqFt: 525
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Description: UNIT 5
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 3
  • Unit 4 Approx SqFt: 525
  • Unit 4 Type: Apartment

Property History for 1300 Olive Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1300 Olive Avenue

Taxable ValueLand$222,597Additions$598,046Total$820,643
Tax Record2023$13,860 ($1,155 / month)
Home Facts
Lot Size9,593 SqFtStyleDuplexCountyMARINAPN141-233-09

Schools near 1300 Olive Avenue

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 - 7 to 10
Rating
School
Distance
Olive Elementary School
PublicK to 5

Sinaloa Middle School
Public6 to 8

San Marin High School
Public9 to 12

Nexus Academy
Public7 to 10

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marin Realty Group, Matt Markham, DRE #02005124; Marin Realty Group, Lou La Gatta, DRE #01124649

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.