Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
Listing photo for 707 Diablo Avenue, Novato, CA
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707 Diablo Avenue,

Novato, CA $9,800,000

$9,800,000

16,215 Sqft
0.76 Acre

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.

Facts & Features
MLS® # 324007623
Price $9,800,000
Square Footage 16,215
Acres 0.76
Year Built 1971
Type Residential Income
Sub-Type Apartments
Status Active
Community Information
Address 707 Diablo Avenue
Area Novato
City Novato
County Marin
State CA
Zip Code 94947-4067
Amenities
Parking Spaces 36
Parking Carport, Covered, Off Street, Open, Street
Has Pool No
Interior
Heating Other
Cooling Wall Unit(s)
Fireplace No
Exterior
Lot Description Landscape Front, Sidewalk, Shape Irregular
Roof Composition, Shingle
Listing Courtesy of:
Agent Steven Level
Office Berkshire Hathaway

Data last updated: May 1st, 2024 at 8:46pm PDT and updating occurs quarter-hourly

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