$1,867,000
PENDING

33 Clay Ct Novato, CA 94949

Ignacio Neighborhood

Estimated payment $13,694/month

Total Views 2,579
8 Beds
20 Baths
3,984 Sq Ft
$469 Price per Sq Ft

Highlights

  • Community Pool
  • Guest Parking
  • Ceiling Fan
  • Novato High School Rated A-
  • Central Heating
  • Washer and Dryer

About This Home

33 Clay Court is an upgraded and well maintained fourplex located in the attractive Pacheco Villas apartment community in Novato. The property is one of sixteen small apartment buildings in the community and has (4) 2-bedroom, 1.25-bath apartments. Each of these large apartments has its own laundry room, fireplace, and water heater. The roof was new in 2023. There is a resort-like swimming pool for the tenants to enjoy, plenty of parking, including dedicated carports, and the lush grounds create a park-like setting. There is one apartment that is currently vacant providing a seamless owner-occupant opportunity. Otherwise, if fully rented it represents one of the best value apartment investments in Marin with an 11.7 gross rent multiple, and 5.49% Cap Rate. Don't miss this great opportunity.

Listing Agent

John Garrett

Marcus & Millichap Real Estate License #01421403

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

HOA Fees

  • $1,427 Monthly HOA Fees

Home Design

  • Quadruplex
  • Garden Apartment

Interior Spaces

  • 3,984 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Guest Parking

Additional Features

  • 6,547 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 160-581-12

Community Details

Overview

  • Association fees include common areas, insurance on structure, ground maintenance, pool, trash
  • 4 Units
  • Pacheco Villa Owners Association

Recreation

  • Community Pool

Building Details

  • Gross Income $159,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,427 per month

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Garden Apartments
  • Directions To Property: West on Clay Ct from Alameda del Prado.
  • Lot Size Acres: 0.1503
  • CapRate: 5.49
  • Actual or Scheduled: Scheduled
  • Special Features: UnderContract

Interior Features

  • Square Footage: 3984.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Parking Features: Carport, Guest Parking Available
  • Total Parking Spaces: 4.00
  • Carport Spaces: 4.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Owned

Association/Amenities

  • Association Features: Pool

Condo/Co-op/Association

  • Association Fee: 1427
  • Association Fee Frequency: Monthly
  • Association Name: Pacheco Villa Owners Association
  • Association Phone: (415) 000-000

Fee Information

  • Association Fee Includes: Common Areas, Insurance on Structure, Maintenance Grounds, Pool, Trash

Lot Info

  • Assessor Parcel Number: 160-581-12
  • Lot Size Sq Ft: 6547.00

Building Info

  • Year Built: 1978

Multi Family

  • Two Bedroom Annual Occupancy: 75
  • Two Bedroom Rent Range: 3245-3564
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 4
  • NumberOfUnitsTotal: 4

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
02/03/2025 02/03/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $1,867,000 -- $469 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Similar Home in Novato, CA

  • 17 Clay Ct, Novato, CA 94949

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    • 20 Baths
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    • 17 Clay Ct
    • Novato, CA

    17 Clay Court is an upgraded and well maintained fourplex located in the attractive Pacheco Villas apartment community in Novato. The community is surrounded by the Pacheco Valle Preserve, a beautiful, undeveloped 519-acre refuge. 17 Clay Court is one of sixteen small apartment buildings in the community and has (3) 2-bedroom, 1.25-bath, and (1) 3-bedroom, 2-bath apartments. Each of these large

    John Garrett Marcus & Millichap Real Estate

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325004497

Bay Area Real Estate Information Services (BAREIS)

APN: 160-581-12

California Marin County Novato 94949 Ignacio

33 Clay Ct, Novato, CA

Homes for Sale in Novato, CA

This home is located at 33 Clay Ct, Novato, CA 94949 and is currently priced at $1,867,000, approximately $468 per square foot. This property was built in 1978. 33 Clay Ct is a home located in Marin County with nearby schools including Loma Verde Elementary School, Novato High School, and Novato Charter 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.

John Garrett
Listing Agent
John Garrett
Section Image
Marcus & Millichap Real Estate
(628) 285-3769