1 Clay CT, Novato, CA 94949
Listed by Adam Foley • CBRE, Inc., DRE#02144332
$6,400,000
Est. payment /mo
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2 Beds
1.5 Baths
3,984 SqFt
Active

1 Clay CT Novato, CA 94949

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Vivian Chen

Vivian Chen

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,984 sqft

Price per Sqft $1,606

MLS Listing ID ML82047120

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $5,729

HOA Y/N 1

Year Built 1978

Lot Size 6,700 Sqft

Property Sub-Type Five or More Units

Property Description

Pacheco Villas, a 16-unit multifamily portfolio comprising four individual fourplex buildings on a wooded hillside in Novato, the northern gateway to Marin County. Built in 1978 of wood-frame construction, the Property offers spacious two-bedroom residences averaging 996 square feet, each with its own in-unit washer and dryer. The offering is structured for flexibility: the four fourplexes at 1, 17, 30 and 33 Clay Court may be acquired together as a portfolio or purchased individually. Direct US-101 access and a SMART rail station connect residents south to San Francisco and the broader Bay Area employment base, while stringent land-use controls and Marin's decades-long undersupply of new multifamily housing continue to constrain competing supply and support durable, long-term rent growth.

Location

State CA

County Marin

Area Novato

Interior

Heating Other

Cooling Other

Exterior

Parking Features Covered Parking

Pool Pool - In Ground

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Shingle

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Tax ID 160-581-16

Security Features Other

Special Listing Condition Not Applicable

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Vivian Chen

Vivian Chen

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+1(415) 350-8864

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1 Clay CT

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