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Sold for $1,850,000 on 08/04/25
  • $1,850,000

    329 - 339 Olema Road, Fairfax, CA 94930

    --beds
    0baths
    8,568sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $1,849,600 Zestimate®
    $216/sqft
    $-- Estimated rent

    What's special

    An incredible Marin County investment opportunity in the unincorporated section west of Fairfax. The property is located on .78 acres (33,927 sf) of land and features three spacious side-by-side duplexes with 3BR/1.5 BA townhouse units. Each apartment is 1,428sf. They are thoughtfully designed for modern living. The property's open layout gives each building a sense of privacy and lends itself to future development, such as ADUs. Three separate parcels; however, necessary easements for driveway, parking, utilities, etc between the properties still need to be created and recorded. Buyer to confirm with the County. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units previously rented in the $4500 range. Overall, the property seems to be in good condition, however, a neighboring property caused a mudslide above the middle upper duplex. These two units remain empty and still need substantial repairs, as well as the hillside directly above. Three duplexes priced at $916,000 each with one discounted $500,000 for repairs needed. Properties being sold as a package for $2,250,000 AS IS. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. Live in one or Fix and Flip.

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 09:48am

    Listed by:

    Michael J Burke DRE #00454938 415-518-7200,

    Golden Gate Sotheby's 415-464-9300

    Bought with:

    Michael J Burke, DRE #00454938

    Golden Gate Sotheby's

    Pamela Burke, DRE #02156257

    Golden Gate Sotheby's

    Source: BAREIS,MLS#: 325057485MLS LogoOriginating MLS: Marin County

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: In Unit
    Interior area
    • Total structure area: 8,568
    • Total interior livable area: 8,568 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Off Street, Uncovered
    • Uncovered spaces: 9
    Features
    • Levels: Two
    • Patio & porch: Enclosed, Deck
    • Has view: Yes
    • View description: Garden/Greenbelt, Hills
    Lot
    • Size: 0.78 Acres
    • Features: Secluded
    Details
    • Parcel number: 17405130
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Wood
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1964

    Utilities & green energy

    • Electric: Separate Meters
    • Gas: Separate Meters
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Fairfax

    HOA & financial

    HOA
    • Has HOA: No
    Services availability