Quality five-unit building in an ideal downtown Novato location. One 2BR/1.5 BA townhouse unit and four 1BR/1BA flats. Upper apartments feature a private deck. On-site coin operated laundry and extra tenant storage rooms. Ample off-street uncovered parking. The apartments were built in 1963 and are two story, wood-frame, and stucco construction with a flat roof behind a decorative mansard roof. Overall, the property seems to be in very good condition. The main electrical panel was replaced in 2018. The building's water heater was replaced also in 2018. At least two of the tenants have been in occupancy for over 20 years and are paying below market rents. These two units will need to be upgraded and remodeled but offer a value-add opportunity by bringing these ultimately up to market rents.
Multi-familyProperty Type
1963Year Built
7,501 sq ftLot Size
$452Price/Sq.Ft.
5 spacesParking
Listed by Michael Burke•DRE #00454938• Golden Gate Sotheby's International Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1963
Sq. Ft.
3,650
Year built
1963
Style
Multi-Family (5+ Unit)
County
Marin County
APN
141-262-16
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R10-4.5
Medium Density Multi-Family Residential District
The R10 zoning district is intended for areas appropriate for a variety of medium density dwelling units, including multi-family, two-family and single family residences, either attached or detached. The maximum allowable residential density ranges from 10.1 to 20 dwelling units per acre. The R10 zoning district is consistent with the Medium Density Multiple Family Residential land use designation of the General Plan.
Permitted uses
Include but are not limited to:
Livestock production
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Recreation
Communications tower
Aug 1, 2023 • Final
Residential trade
Replace an electrical sub panel located in the laundry room.
Electrical
Jan 28, 2022 • Final
Multi-family trade
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking & Garage Information
Parking Total: 5
Parking Features: Off Street
Interior
Heating & Cooling
Cooling: None
Heating: Wall Furnace
Interior Features
Laundry Features: Washer/Dryer Leased
# of Stories (Total): 2
Multi-Unit Information
# of Units (Total): 5
Unit 1 Information
# of Rooms: 4
# of Bedrooms (Total): 2
# of Bathrooms (Full): 1
# of Bathrooms (Partial): 1
# of Units: 4
Unit 2 Information
# of Rooms: 3
# of Bedrooms (Total): 1
# of Bathrooms (Full): 1
# of Units: 1
Exterior
Exterior Features
Patio And Porch Features: Varies By Unit
Roof: Flat, Shingle, Tar/Gravel
Property Information
Property Type: Residential Income
Property Sub Type: 5 or More Units
Lot Information
Lot Size Square Feet: 7,501
Lot Size Acres: 0.1722
Lot Size Source: Assessor Auto-Fill
Lot Features: Sidewalk
Utilities
Utilities Information
Sewer: Public Sewer
Location
HOA Information
Association YN: No
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,650
Stories: —
Lot Size: 7,500 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 1963
County: Marin County
APN: 141-262-16
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Lu Sutton Elementary School
Public K-5 • Assigned • 0.7mi
6/10
Sinaloa Middle School
Public 6-8 • Assigned • 1.4mi
7/10
San Marin High School
Public 9-12 • Assigned • 2.1mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 91° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Novato, CA • 94945
Average low and high temperatures (°F)
61
41
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71
47
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47
75
51
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81
55
87
55
84
58
78
51
65
46
58
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
Nov
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Sun exposure
In this area, properties receive around 10.8 hours in
June and 5 hours in December, placing it above the
U.S. average for solar exposure.