$1,832,500
SOLD APR 3, 2025

1317 Leafwood Dr Novato, CA 94947

Midwest Novato Neighborhood
20 Beds
3 Baths
7,700 Sq Ft
7,850 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

17% Below List Price

1 Day on Market

Highlights

  • Engineered Wood Flooring
  • Park or Greenbelt View
  • Laundry Facilities
  • Novato High School Rated A-
  • Garden
  • Washer and Dryer

About This Home

As of April 2025

Discover an exceptional investment opportunity in Marin County with this 12-unit multifamily apartment complex located in central Novato, CA this property is comprised of 2 two-story buildings. Property Highlights: Unit Mix - 8 spacious 2-bedroom, 1-bath units - 4 comfortable 1-bedroom, 1-bath units. Amenities & Features: On-site laundry room for tenant convenience. Covered carport parking. Individually metered utilities for gas and electric. Prime Location: Located just minutes from Vintage Oaks Shopping Center, tenants enjoy access to popular retailers like Costco, Target, and Starbucks, along with dining favorites such as In-N-Out Burger, Panera Bread and Hopmonk Tavern. The property is ideally positioned 20 miles north of San Francisco and under 25 miles from Sonoma, offering convenience for commuters and weekend adventurers alike. Steady Income & Upside Potential: This apartment complex has a history of high occupancy with minimal tenant turnover, reflecting strong demand in the area. The property offers peace of mind to investors. Chase Bank assumable loan and seller will carry a second.

Last Agent to Sell the Property

Rick Trono

Compass License #01045523

Compass

Co-Listed By

Charles Turner

Glenn Realty Co. License #00716809

Last Buyer's Agent

Steven Level

Berkshire Hathaway License #01184232

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,850 Sq Ft Lot
  • Garden

Home Design

  • Slab Foundation
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 7,700 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Washer and Dryer

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate
  • Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 6 Covered Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 152-111-17

Community Details

Overview

  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Sunset Parkway - to Leafwood Drive or Highway 101 to Rowland Blvd Left on Leafwood Drive.
  • Lot Size Acres: 0.1802
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Gas Oven
  • Flooring: Laminate, Simulated Wood, Tile, Vinyl
  • Square Footage: 7700.00
  • NumberOfBuildings: 2

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Foundation: Slab
  • Lot Features: Curb(s), Garden, Sidewalk
  • Property Condition: Original
  • Roof: Bitumen
  • Patio And Porch Features: Balcony/Deck, Varies By Unit
  • View: Garden/Greenbelt

Garage/Parking

  • Parking Features: Off Street, Street
  • Total Parking Spaces: 8.00
  • Covered Parking Spaces: 6.00

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public, Water District
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Owned
  • Separate Meters: Common Area Meter

Lot Info

  • Assessor Parcel Number: 152-111-17
  • Lot Size Sq Ft: 7850.00

Rental Info

  • TenantPays: Cable TV

Multi Family

  • 1 Bedroom Rent Range: Disclosure Package
  • Two Bedroom Rent Range: Disclosure Package
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 4
  • Number Of2 Bedrooms Occupied: 8
  • Number of 2 Bedroom Units: 8
  • NumberOfUnitsTotal: 12

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $1,832,500 -16.5% $238 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $2,195,000 -- $285 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324092309

Bay Area Real Estate Information Services (BAREIS)

APN: 152-111-17

California Marin County Novato 94947 Midwest Novato

1317 Leafwood Dr, Novato, CA

Homes for Sale in Novato, CA

This home is located at 1317 Leafwood Dr, Novato, CA 94947 and is currently priced at $1,832,500, approximately $237 per square foot. 1317 Leafwood Dr is a home located in Marin County with nearby schools including Lynwood Elementary School, Novato High School, and Marin Christian Academy and North Bay Christian High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.