Bought with Deirdre O'Brien • Compass
$1,350,000
$1,250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
230 San Andreas DR Novato, CA 94945
2,220 Beds
3 Baths
2,592 SqFt
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,592 sqft
Price per Sqft $520
MLS Listing ID 326024223
Sold Date 04/23/26
Bedrooms 2220
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1972
Lot Size 9,570 Sqft
Property Sub-Type Triplex
Property Description
230 San Andreas Drive presents a clean, well-maintained triplex comprising three townhouse-style units. This is an efficient, low-maintenance asset poised for stable cash flow and long-term appreciation. Each unit offers a multi-level floor plan, each with private, fenced patios, which drives tenant demand and retention, reducing turnover and vacancy exposure. The property has been consistently maintained, minimizing near-term capital expenditures and supporting predictable operating performance. Investment Highlights: * Desirable townhome-style configuration (premium rental appeal vs. flat units) * Stable in-place income with a clear path to rental upside * Low deferred maintenance; operationally efficient asset * Favorable unit mix for broad tenant pool * Strong Novato submarket with consistent demand. Strategically located with immediate access to Hwy 101 and Novato's retail/employment corridors, the property benefits from durable occupancy fundamentals and rent growth potential. Ideal for investors seeking a low-friction acquisition with day-one income and the ability to optimize returns through rent repositioning over time.
Location
State CA
County Marin
Area Novato
Interior
Heating Central
Cooling None
Flooring Carpet, Vinyl
Exterior
Parking Features Carport, Side-by-Side, Uncovered
Garage Spaces 6.0
Utilities Available Cable Available, Electric, Internet Available, Natural Gas Connected, Sewer Connected
Roof Type Foam
Building
Foundation Slab
Sewer Public Sewer
Water Water District
Construction Status Updated/Remodeled
Schools
School District Novato Unified, Novato Unified, Novato Unified
Others
Special Listing Condition Trust
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Copyright 2026 , Bay Area Real Estate Information Services, Inc. All Right Reserved.


