Address
859 Diablo Ave Novato, CA
Price
$ 2,695,000
Property Attributes
- MLS#22031219
- TypeMulti-Family
- CountyMARIN
- CityNovato
- AreaNovato
- Zip94947
- Style
- Price$ 2,695,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5150
- Lot Size0.32 Acres
Listing Provided Courtesy Of:
Erich M Reichenbach with Marcus & Millichap - 818-212-2700
Data Source:
Bay Area Real Estate Information Services
Property Description
Subject property is an upscale boutique, live-work building located in the Novato's downtown district. This is a rare opportunity for an investor to own a completely remodeled, high-quality mixed-use (live-work)property, in one of the Bay Area's strongest rental markets. This property provides investors the opportunity to acquire a quality asset in the coveted market of Novato. The property has benefitted from an extensive remodel, including the reconfiguration into both residential and office uses, including three high-end residential units. There are an additional five commercial spaces that are designated as live/work units. There is a common area kitchen, bathroom and a conference room. This investment offers attractive current income, combined with upside in rents and income.
| Price History | |
|---|---|
| 1/27/2021 | Listed $2,695,000 |
General Features
| Appliances | Solar Water Heater |
|---|---|
| Auction | No |
| Availability Date | 1800-01-01T00:00:00 |
| Cooling | Central |
| Flooring | Carpet, Tile, Wood |
| MLS Area | Novato |
| Open Parking Spaces | 17 |
| Parking Features | Uncovered |
| Property SubType | 5 or More Units |
| Property Type | Residential Income |
| Roof | Composition |
| Sewer | Public Sewer |
| Total Units | 7 |
| Unittypecommercialunitstotal | 5 |
Interior Features
| Laundry Features | In Each Unit |
|---|---|
| Living Area | 5150 |
| Unit 2 Bedroom Units Total | 1 |
| Unit 3 Bedroom Units Total | 1 |
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Lot Features | City |
| Lot Size Acres | 0.3157 |
| Lot Size Source | Assessor Auto-Fill |
| Lot Size Square Feet | 13752 |
| Lot Size Units | Acres |
| Number of Buildings | 1 |
| Water Source | Public |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 94947
Price
Visits
Year Built
Walkscore
Copyright 2021, Bay Area Real Estate Information Services, Inc. All Right Reserved.
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of BAREIS - Bay Area Real Estate Information Services MLS and may not be the listings of the site owner. All the listing data contained in this site is the copyrighted and confidential material of the Bay Area Real Estate Information Services MLS. Such information cannot be duplicated or distributed
