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33 Clay Court

Novato, CA 94949

– beds
– baths
3,984 sqft
6,547 sqft lot
$468 per sqft
1978 build
– on site

33 Clay Court is an upgraded and well maintained fourplex located in the attractive Pacheco Villas apartment community in Novato. The property is one of sixteen small apartment buildings in the community and has (4) 2-bedroom, 1.25-bath apartments. Each of these large apartments has its own laundry room, fireplace, and water heater. The roof was new in 2023. There is a resort-like swimming pool for the tenants to enjoy, plenty of parking, including dedicated carports, and the lush grounds create a park-like setting. There is one apartment that is currently vacant providing a seamless owner-occupant opportunity. Otherwise, if fully rented it represents one of the best value apartment investments in Marin with an 11.7 gross rent multiple, and 5.49% Cap Rate. Don't miss this great opportunity.

Listing courtesy of BAREIS / John Garrett / Marcus & Millichap Real Estate Investment Services, Inc.

Last checked: Checking… • Last updated Jan 18, 2025 •

MLS# 325004497 —

The Building

Year Built:

1978
Year Built Source:

Assessor Auto-Fill
Subtype Description:

Garden Apartments
# of Floors:

2
# of Units Total:

4
SqFt:

3,984 Sqft
# of Buildings:

1
SqFt Source:

Assessor Auto-Fill

Location

Directions:

West on Clay Ct from Alameda del Prado.
Cross Street:

Alameda del Prado
Area:

Novato

The Property

Property Type:

Residential Income
Property Type:

Quadruplex
Lot Features:

Other
6547

Lot SqFt:
Lot Size Measurement:

Acres
Lot Size Source:

Assessor Auto-Fill
0.1503

Acres:

Listing Agent

Contact info:

Taxes

Assessors Parcel Number:

160-581-12

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Cooling:

Ceiling Fan(s)

Utilities

Water Source:

Public
Sewer:

Public Sewer

Appliances

Laundry Features:

In Each Unit, Washer/Dryer Owned

The Community

Association Features:

Pool
Association Fee:

1427
Association:

Yes
Association Fee Includes:

Common Areas, Insurance on Structure, Maintenance Grounds, Pool, Trash
Association Fee Frequency:

Monthly
Association Name:

Pacheco Villa Owners Association
Cap Rate:

5.49

Parking

Carport Spaces:

4.00
Total Parking Spaces:

4.00
Parking Features:

Carport, Guest Parking Available

Extra Units

# of 2 Bedroom Units:

4
Unit 1 Type:

Apartment
Unit 1 Description:

2-bdr/1.25-bath
Unit 1 Bedrooms:

2
Unit 1 # of Rooms:

5
Unit 1 Full Baths:

1
Unit 1 Partial Baths:

1
Unit 1 Approx SqFt:

996
Unit 2 Type:

Apartment
Unit 2 Full Baths:

1
Unit 2 Description:

2-bdr/1.25-bath
Unit 2 Bedrooms:

2
Unit 2 # of Rooms:

5
Unit 2 Partial Baths:

1
Unit 2 Approx SqFt:

996
Unit 3 Bedrooms:

2
Unit 3 Type:

Apartment
Unit 3 Description:

2-bdr/1.25-bath
Unit 3 Full Baths:

1
Unit 3 # of Rooms:

5
Unit 3 Partial Baths:

1
Unit 3 Approx SqFt:

996
Unit 4 Type:

Apartment
Unit 4 Description:

2-bdr/1.25-bath
Unit 4 Bedrooms:

2
Unit 4 # of Rooms:

5
Unit 4 Full Baths:

1
Unit 4 Partial Baths:

1
Unit 4 Approx SqFt:

996

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
1/17/25 Jan 17, 2025	Listed / Active	BAREIS	$1,867,000

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This multifamily located in Southwest Novato, Novato, CA 94949 is currently for sale for $1,867,000. 33 Clay Court is a 3,984 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 33 Clay Court is in the Southwest Novato neighborhood of Novato and has a WalkScore® of 29, making it car-dependent. This multifamily is in the attendance area of Loma Verde Elementary School and Novato High School.

Listing courtesy of BAREIS, Marcus & Millichap Real Estate Investment Services, Inc., and John Garrett.