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Novato, CA Apartment Buildings for Sale

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6 properties
Renovated Apartment Building
Updated: Sep 1
Renovated Apartment Building

195 Los Robles Road, Novato, CA 94949

$14,500,000
1,555 sqft
39‑unit apartment community on a 1.04‑acre parcel
Approximately 35,346 square feet of rentable space
Unit mix includes 36 two‑bedroom units, 2 one‑bedroom units, and 1 manager’s unit
New roofs, upgraded plumbing, replaced water mains, and storm drain improvements
New dual‑pane windows and a current seismic retrofit
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39-Unit Renovated Apartment Community
Updated: Sep 1
39-Unit Renovated Apartment Community

195 Los Robles Road, Novato, CA 94949

$14,500,000
1,555 sqft 1.04 AC lot
39‑unit apartment community on a 1.04‑acre parcel
Approximately 35,346 square feet of rentable space
Unit mix includes 36 two‑bedroom units, 2 one‑bedroom units, and one manager’s unit
New roofs, upgraded plumbing, replaced water mains, and storm drain improvements
New dual‑pane windows and a current seismic retrofit
View details
9-Unit Apartment Building with Garages
9-Unit Apartment Building with Garages

1048 2nd St, Novato, CA 94945

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10,617 sqft

Two-story apartments offer private outdoor areas, in-unit laundry, and forced-air heating.

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40-Unit Condominium Apartment Community
40-Unit Condominium Apartment Community

335 Enfrente Road, Novato, CA 94949

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1.15 AC lot

Condominium apartment community with two-bedroom and one-bedroom residences, private outdoor areas, covered parking, and on-site laundry.

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6-Unit Apartment Building with Balconies
6-Unit Apartment Building with Balconies

699 Logan St, Novato, CA 94945

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All-electric residences offer private outdoor space, individual electric metering, carports, storage, and on-site laundry.

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15-Unit Apartment Building
15-Unit Apartment Building

729-733 Cherry St, Novato, CA 94945

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Three buildings offer updated interiors, individual storage, on-site laundry, and carport parking.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 6 Active listings in Novato, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building with Detached Residence
Apartment Building with Detached Residence

179 Los Ranchitos Rd, San Rafael, CA 94903

$2,900,000
5,582 sqft 0.88 AC lot

Room-by-room rental configuration includes a separate private residence, landscaped outdoor areas, storage, and on-site parking.

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San Rafael Multifamily Investment Opportunity
San Rafael Multifamily Investment Opportunity

109 Professional Center Parkway, San Rafael, CA 94903

$7,175,000
14,348 sqft

20-unit apartment complex in Marin County's growing tech hub.

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Five-Unit Apartment Building with Private Outdoor Area
Five-Unit Apartment Building with Private Outdoor Area

1562 Sir Francis Drake Blvd, San Anselmo, CA 94960

$1,995,000

Five-unit apartment building offering a tenant-friendly mix of two 2-bedroom units and three 1-bedroom units.

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4-Plex and Duplex Multifamily
4-Plex and Duplex Multifamily

1516 San Anselmo Ave, San Anselmo, CA 94960

$1,950,000

Fully rented 4-plex and duplex on a single lot with hardwood floors and mini-split HVAC in each unit.

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Off-Market Properties in Novato, CA

Consider similar Off-Market properties in Novato, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

00 Novato Blvd
Retirement homes

00 Novato Blvd, Novato, CA 94947

Value Estimation by Request
466.00 AC lot
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199 Posada Del Sol
Multifamily properties

199 Posada Del Sol, Novato, CA 94949

Value Estimation by Request
69,088 sqft
View details

Novato, CA Apartment Buildings Market Trends and Statistics

Explore 8 apartment buildings for sale in Novato, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 13,727 square feet of properties for sale, with an estimated market value of $29,000,000.

Sale prices for two-family homes in Novato, CA average $14,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 60K
Population Growth (5Y) -4.1%
Median Household Income $118,571
College Educated 40.6%

High-Yield Neighborhoods for Investment

Identify Novato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
94949 $14.5M

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $14.10 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marin County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Novato fall within the Under 2,500 square foot range.

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