230 San Andreas DR, Novato, CA 94945
Listed by Eric Blomendale • Coldwell Banker Realty
Bought with Deirdre O'Brien • Compass

$1,350,000

Est. payment /mo

$1,250,000

8.0%
Est.Price: ?

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230 San Andreas DR Novato, CA 94945

2,220 Beds

3 Baths

2,592 SqFt

SOLD DATE : 04/23/2026

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

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