329-339 Olema Road
$3,440,000
—
8,568
8,568
$401
Description
This is an incredible Marin County investment opportunity in the unincorporated section of Fairfax, exempt from the Town's rental controls. 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. While the duplexes have...This is an incredible Marin County investment opportunity in the unincorporated section of Fairfax, exempt from the Town's rental controls. 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. While the duplexes have their own APN, further investigation is needed to see if actual lot spits are available. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units being rented in the $4500 plus range. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. One of the duplexes experienced extesive damage from a mudslide. The AS IS asking price reflects a $560,000 credit for repairs needed. The cause of the slide has been corrected, but work is needed. Ideal for a contractor special.
- Listed by Michael J Burke • DRE #00454938 • Brokerage DRE #02027353 • Golden Gate Sotheby's International Realty
- Listed by Pamela Burke • DRE #02156257 • Brokerage DRE #02027353 • Golden Gate Sotheby's International Realty
Property Details for 329-339 Olema Road
Architectural Style
Contemporary
View DescriptionGreenbelt
Cross StreetSir Francis Drake
Total Parking Spaces9
LISTING UPDATED: 10/30/2024 12:07 AM
Property Details for 329-339 Olema Road
Status | Active |
---|---|
MLS # | 324085978 |
Days on Compass | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1964 |
Lot Size | 0.78 AC / 33,928 SF |
County | Marin County |
Building Information for 329-339 Olema Road
Stories-Residences-Year Built1964Building Size-Lot Size0.78 AC / 33,928 SF
Property Information for 329-339 Olema Road
Property History for 329-339 Olema Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 329-339 Olema Road
This home is within Tamalpais Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Manor Elementary School PublicK to 5 | ||
White Hill Middle School Public6 to 8 | ||
Archie Williams High School Public9 to 12 | ||
Tamiscal High (Alternative) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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