Sold
Closed
1000 8th St
Novato CA, 94945
$3,925,000
$443.60 per sqft
Sold
Closed
2 Baths
8,848 sqft
Multi-family
Built in 1962
3-2BR and 10-1BR apartments plus a large 1,836 sf office space. Off-street parking for 16 cars. On-site leased laundry facilities. Extra storage lockers for tenants' use. The apartments were built in 1962 and are two-story, wood-frame, and stucco construction with a flat roof. Overall, the property seems to be in very good condition. The roof was replaced in 2012. The main electrical panels and service were replaced in 2017. The sewer lateral was redone in 2019. The building would benefit from some updating and remodeling. The windows are original single pane. Kitchens do not feature dishwashers or disposals. Parking is uncovered. Many tenants are long-term with rents below the current market. There is a value-add opportunity to remodel the units and bring the rents up to market. The ground floor southwest corner of the building has a 1,836 square foot (per Assessor records) office suite. It was previously occupied for many years by The Neptune Society.
321115280
MLSⓇ ID
January 3, 2022
Listed
October 2, 2024
Updated
Map
1000 8th St
Novato CA, 94945
Interior Features
Total Stories
0
Total Bathrooms
2
Full Bathrooms
2
Laundry Description
Coin Operated, Washer/Dryer Leased
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Central, Varies by Unit, Wall Furnace
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Corner, Landscape Back
Lot Features
Corner, Landscape Back
Architectual Style
Contemporary
Roof
Flat
Sewer
Public Sewer
Other Property Details
Area Name
Novato
Garage
No
Parking
Off Street
Parking Total
16
View
No
County
Marin
Water Source
Public
Pool
No
Bought with John A Warner with John Warner, Broker and Listed by Michael J Burke with Golden Gate Sotheby's International Realty
Listing Contact:
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