707 Diablo Avenue Novato, CA 94947
Newly renovated 24-Unit apartment complex with rental upside located in affluent Marin County, one of the strongest and most coveted rental markets in the Bay Area. Comprised of an excellent unit mix of twenty-one (21) 2-bedroom, 1-bath units and three (3) 1-bedroom, 1-bath units, the complex features a swimming pool, on-site laundry room, carport parking, individual meters for gas and electric and RUBS utility billing. Fourteen (14) of the units have been fully remodeled with updated kitchens, bathrooms, flooring, paint, fixtures, and lighting. Eleven (11) of the remodeled units have been upgraded with an in-unit stacked washer and dryer. All the units feature forced air heating, wall AC units in the living rooms, dual-pane windows throughout and most units have either a deck or fenced patio. Recent property improvements include new decks and patios, hardscaping, landscaping, exterior paint, parking surface and striping, perimeter fencing, mailboxes, and building signage. The current ownership has invested over $800, 000 in overall property improvements, and the previous ownership fully replaced the swimming pool and installed new roofs on both buildings in 2018.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMarin
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site100 Days
- MLS StatusActive
- MLS ID Number324007623
- Home Size Source Appraiser
- Year Built1971
- Lot Size0.7633 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking CarportCoveredOff StreetOpenStreet
- Parking Spaces 36
- Sewer Public Sewer
- Number of Stories 0
- Acreage 0.7633
- Water Public
- Cross Street Hill Rd
- Garage Spaces 0
- Attached Garage No
Interior Features
- Cooling Wall Unit(s)
- Heating Other
- Laundry Features In Common AreaVaries by UnitWasher/ Dryer Hookups
Exterior Features
- Roof CompositionShingle
- Waterfront Property No
- Lot Landscape FrontShape IrregularSidewalk
Community Features
- Association Dues 0
- MLS Area Novato