There is a reason the apartment buildings in this community do not come available often, and when they do, they don't last long. 159 Novato Street offers an ideal investment opportunity in centrally located San Rafael. The units are low maintenance and easy to manage, with HOA dues at just $1350/month. This gated, four-unit compound offers pools, laundry facilities and covered parking. All four units are tenant occupied. Unit #1: 3BR/2BA w/patio; Unit#2: 1BR/1BA w/deck; Unit #3: 1BR/1BA w/deck; Unit #4: 2BR/1BA w/deck.
Sold for $1,500,000 on 04/29/24
$1,500,000
159 Novato St, San Rafael, CA 94901
--beds
--baths
3,831sqft
Multi Family, Quadruplex
Built in 1962
-- sqft lot
$1,510,400 Zestimate®
$392/sqft
$3,257 Estimated rent
Home value
$1,510,400
$1.34M - $1.69M
$3,257/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 02, 2024 at 03:05am
Listed by:
Matthew Clawson DRE #01985630 925-200-3526,
Coldwell Banker
Bought with:
Jefrey Henderson, DRE #01483399
Jefrey Henderson, Broker
Source: CCAR,MLS#: 41052086
Facts & features
Interior
Heating
- Baseboard, Fireplace(s)
Cooling
- Other
Appliances
- Laundry: Common Area
Features
- Flooring: Carpet
Interior area
- Total structure area: 3,831
- Total interior livable area: 3,831 sqft
Property
Parking
- Parking features: 4-7 Cars
Features
- Pool features: Outdoor Pool
Lot
- Size: 1,742 sqft
- Features: Other
Details
- Parcel number: 00819009
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
Condition
- Year built: 1962
Community & neighborhood
Community
- Community features: Pool
Location
- Region: San Rafael
HOA & financial
Other financial information
- Total actual rent: 3470
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $1,500,000-3.2%$392/sqft |
Source:  CCAR #41052086 | ||
| 4/24/2024 | Pending sale | $1,550,000$405/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41052086 | ||
| 3/8/2024 | Listed for sale | $1,550,000+42.6%$405/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41052086 | ||
| 5/9/2019 | Sold | $1,087,000+24.9%$284/sqft |
Source: Public Record | ||
| 12/15/2006 | Sold | $870,000+6.1%$227/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,529,968 +28.7% |
| 2024 | $20,953 +2.8% | $1,188,625 +2% |
| 2023 | $20,376 +4.7% | $1,165,354 +2% |
Find assessor info on the county website
Neighborhood: Canal
Nearby schools
GreatSchools rating
- 4/10San Pedro Elementary SchoolGrades: K-5Distance: 1.1 mi
- 7/10James B. Davidson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10San Rafael High SchoolGrades: 9-12Distance: 0.6 mi
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