Property Details
About this Property
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.
MLS Listing Information
MLS #
BA324085978
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
22
Interior Features
Cooling
None
Heating
Central Forced Air
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Contact Information
Listing Agent
Michael Burke
Golden Gate Sotheby's International Realty
License #: 00454938
Phone: (415) 464-9300
Co-Listing Agent
Pamela Burke
License #: 02156257
Phone: (415) 424-9835
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,428 | 0 | 0/0 | – | – | – |
| 2 | 1,428 | 0 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
329 Olema Rd is a Residential Income in Fairfax, CA 94930. This 8,568 square foot property sits on a 0.778 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,440,000 and was built in 1964. This address can also be written as 329 Olema Rd, Fairfax, CA 94930.
©2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay Area Real Estate Information Services, Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 30, 2024. For the most current information, please contact Michael Burke, (415) 464-9300
