195 Los Robles Rd, Novato, CA 94949
- $14,500,000
- 35,346
- SqFt
- List Price
- $14,500,000
- MLS#
- 326074364
- Property Type
- Multifamily
- Sqft. of Residence
- 35,346
- Lot Size
- 45,302
- Region
- Novato
- Status
- ACTIVE
- County
- Marin
- Acres
- 1.04
- Year Built
- 1946
Property Description
Ignacio Pines features a well-maintained 39-unit multifamily community located at 195 Los Robles Road in Novato, California. Situated on an expansive 1.04-acre parcel, the property encompasses approximately 35,346 square feet of rentable space and offers an attractive unit mix consisting primarily of (36) two-bedroom, one-bathroom apartments, complemented by (2) one-bedroom, one-bathroom units and one on-site manager's unit. The property has benefited from extensive capital improvements and renovations, positioning it as a turnkey investment with limited near-term deferred maintenance. Significant upgrades include new roofs, upgraded plumbing, replaced water mains, storm drain improvements, new dual-pane windows, and a current seismic retrofit, providing long-term operational stability for future ownership. Interior renovations completed throughout the property include modernized kitchens and bathrooms, hardwood cabinetry, updated finishes, and spacious private decks for residents
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Additional Information
- Basement
- Storage Space, Walk Up Access
- Living Area
- 35,346
- Lot Size
- 45,302
- Possession
- Close Of Escrow
- Region
- Novato
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Listing courtesy of Engel & Voelkers San Francisco.
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