1212 1214 2nd Street
Novato, CA 94945
- – beds
- – baths
- 2,130 sqft
- 7,601 sqft lot
- $505 per sqft
- 1960 build
- – on site
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Welcome to 1212-1214 2nd Street, located in the flats of Novato. This beautifully updated multi-family property consists of two distinct units, offering an exceptional investment opportunity ideally for an owner-occupant looking to offset costs with rental income from one of the units. Situated in a prime location, it is within walking distance to Trader Joe's shopping ctr and historic downtown Novato, where you'll find shopping, dining, and easy access to transportation. Left side residence, #1214 entry is accessible with ramp, single-level ground floor unit features 2 bedrooms, 1.5 bathrooms, updated kitchen/baths, newly refinished hardwood flooring, fresh interior paint, tankless water heater, private and spacious backyard with room to garden and a Tuff Shed. Unit #1212, single level on 2nd level (above garages,) includes 2 bedrooms, 1 bathroom, updated kitchen/bath, hardwood floors, and a private yard. EACH unit boasts an oversized one-car garage w/storage, a laundry room with a washer/dryer, separate meters and a mini-split system for heating & air conditioning, dual-pane windows, water filtration system, Tesla leased solar panels on the roof for low utility bills. Whether you're a homeowner or investor seeking rental income, this fine duplex offers an ideal opportunity!
Listing courtesy of BAREIS / Kristen Palmer / RE/MAX Gold / Bought with Miles H Daly / Compass
Last checked:
Checking…
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Last updated Dec 11, 2024
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MLS# 324084084 —
The Building
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Year Built:1960
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Year Built Source:Assessor Auto-Fill
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Roof:Composition, Shingle
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Construction Materials:Stucco, Wood Siding
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Architectural Style:Mid-Century
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Window Features:Dual Pane Full
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Subtype Description:Flats
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Patio And Porch Features:Balcony/Deck, Enclosed Patio, Varies by Unit
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Accessibility Features:Accessible Approach with Ramp, Grab Bars, Varies By Unit
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# of Buildings:1
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Foundation:Concrete Perimeter, Raised
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Energy Efficient:Cooling, Water Heater
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# of Units Total:2
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SqFt:2,130 Sqft
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SqFt Source:Appraiser
Interior
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Interior Features:Storage Area(s)
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Flooring:Tile, Wood, Other
Financial & Terms
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Terms:Conventional
Location
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Directions:Redwood to Olive to right on 2nd St
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Area:Novato
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Cross Street:Olive
The Property
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Property Type:Residential Income
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Property Type:Duplex
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Lot Features:Shape Regular
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7601Lot SqFt:
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Lot Size Measurement:Acres
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View Description:Downtown, Varies by Unit
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0.1745Acres:
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Exterior Features:Fenced Yard, Yard Space
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Assessors Parcel Number:141-234-03
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central, Other
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Cooling:Ceiling Fan(s), Central, Separate, Whole House Fan, See Remarks
Utilities
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Water Source:Public
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Sewer:Public Sewer
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Separate Meters:Electricity, Gas, Water
Appliances
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Appliances:Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Refrigerator, Gas Water Heater, Microwave, Tankless Water Heater
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Laundry Features:In Each Unit
Schools
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Elementary School District:Novato Unified
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Middle Or Junior School District:Novato Unified
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Senior High School District:Novato Unified
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School District (County):Marin
The Community
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Association:No
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Cap Rate:2.46
Parking
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Garage Spaces:2.00
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Total Parking Spaces:4.00
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Parking Features:Attached, Garage, Varies by Unit
Extra Units
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# of 2 Bedroom Units:2
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Unit 1 Type:Flat
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Unit 1 Description:Single ground floor level unit with ramp to entrance. Unit is vacant. Projected rent approx $3100/mo
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Unit 1 Bedrooms:2
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Unit 1 # of Rooms:3
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Unit 1 Full Baths:1
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Unit 1 Partial Baths:1
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Unit 1 Approx SqFt:1230
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Unit 2 Type:Flat
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Unit 2 Full Baths:1
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Unit 2 Description:Single level on second floor. Tenants on mo-to-mo @ below market rate. Actual rent $2000/m
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Unit 2 Bedrooms:2
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Unit 2 # of Rooms:3
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Unit 2 Approx SqFt:900
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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12/6/24
Dec 6, 2024
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Sold | BAREIS | $1,077,000 | 2.6% |
11/22/24
Nov 22, 2024
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Pending | BAREIS | $1,050,000 | |
11/8/24
Nov 8, 2024
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Sold Subject To Contingencies | BAREIS | $1,050,000 |