1317 1319 Leafwood Drive
Novato, CA 94947
- – beds
- – baths
- 7,700 sqft
- 7,850 sqft lot
- $237 per sqft
- – on site
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Discover an exceptional investment opportunity in Marin County with this 12-unit multifamily apartment complex located in central Novato, CA this property is comprised of 2 two-story buildings. Property Highlights: Unit Mix - 8 spacious 2-bedroom, 1-bath units - 4 comfortable 1-bedroom, 1-bath units. Amenities & Features: On-site laundry room for tenant convenience. Covered carport parking. Individually metered utilities for gas and electric. Prime Location: Located just minutes from Vintage Oaks Shopping Center, tenants enjoy access to popular retailers like Costco, Target, and Starbucks, along with dining favorites such as In-N-Out Burger, Panera Bread and Hopmonk Tavern. The property is ideally positioned 20 miles north of San Francisco and under 25 miles from Sonoma, offering convenience for commuters and weekend adventurers alike. Steady Income & Upside Potential: This apartment complex has a history of high occupancy with minimal tenant turnover, reflecting strong demand in the area. The property offers peace of mind to investors. Chase Bank assumable loan and seller will carry a second.
Last checked:
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Last updated Apr 17, 2025
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MLS# 324092309 —
The Building
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Architectural Style:Mid-Century, Other
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Subtype Description:Apartments
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Construction Materials:Stucco, Wood Siding
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Levels:Two
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Roof:Bitumen
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Foundation:Slab
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Patio And Porch Features:Balcony/Deck, Varies by Unit
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# of Units Total:12
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SqFt:7,700 Sqft
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# of Buildings:2
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SqFt Source:Not Verified
Interior
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Flooring:Laminate, Simulated Wood, Tile, Vinyl
Financial & Terms
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Terms:Conventional
Location
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Directions:Sunset Parkway - to Leafwood Drive or Highway 101 to Rowland Blvd Left on Leafwood Drive.
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Cross Street:Sunset Parkway
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Area:Novato
The Property
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Property Type:Residential Income
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Property Type:5 or More Units
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Lot Features:Curb(s), Garden, Sidewalk
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7850Lot SqFt:
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Lot Size Measurement:Acres
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Lot Size Source:Assessor Auto-Fill
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View Description:Garden/Greenbelt
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0.1802Acres:
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Assessors Parcel Number:152-111-17
The Listing
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Special Listing Conditions:Offer As Is
Heating & Cooling
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Heating:Wall Furnace
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Cooling:Window Unit(s)
Utilities
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Utilities:Cable Available, Natural Gas Connected
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Water Source:Public, Water District
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Sewer:Public Sewer
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Separate Meters:Common Area Meter
Appliances
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Appliances:Dishwasher, Free Standing Gas Oven
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Laundry Features:Coin Operated, Washer/Dryer Owned
The Community
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Association:No
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Association:Marin County
Parking
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Covered Spaces:6.00
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Total Parking Spaces:8.00
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Parking Features:Off Street, Street
Extra Units
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# of 1 Bedroom Units:4
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# of 2 Bedroom Units:8
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Unit 1 Type:Apartment
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Unit 1 Description:Comfortable some updates
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Unit 1 Bedrooms:4
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Unit 1 Full Baths:1
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Unit 2 Type:Apartment
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Unit 2 Full Baths:1
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Unit 2 Description:Spacious some updates
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Unit 3 Description:N/a
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Unit 4 Description:N/A
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/3/25
Apr 3, 2025
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Sold | BAREIS | $1,832,500 | -16.5% |
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2/17/25
Feb 17, 2025
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Pending | BAREIS | $2,195,000 | |
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2/2/25
Feb 2, 2025
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Sold Subject To Contingencies | BAREIS | $2,195,000 |
