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9-Unit Apartment Building with Garages
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1048 2nd St, Novato, CA 94945

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

Property Size10,617 SF
Days on Market144

Property Features for 1048 2nd St

General Information

Standard status Active
Size 10,617 SF
Property subtype Multifamily
Zoning Mu:d
Occupancy 100%

Units

Unit Mix 9 x 2-story, 2BR
Multifamily Units 9

Additional Details

Public Transit Yes

Amenities

private backyards
in-unit washer/dryer
forced air heating
carport parking
rentable garages

Building Details

Year Built 1996
Year Renovated 2010
Buildings 1
Listing Agency: SVN | MG Property Advisors, Inc.
Listed By: Gary Gustafson · License #CA 00414569
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | MG Property Advisors, Inc.

Investment Insights

Based on property information with market context.

This 10,617-square-foot apartment property contains 9 two-story, two-bedroom units. Each residence includes a private backyard, in-unit washer and dryer, and forced-air heating. The improvements were built in 1996 and renovated in 2010, with carport parking and rentable garages serving the property. Occupancy is 100%.

Located at 1048 2nd St in Novato, the property is in a downtown setting with access to public transportation and nearby amenities. The site is identified with Mu:d zoning. The combination of individual outdoor space, on-site parking, garage availability, and apartment-scale construction provides a clear physical profile for multifamily ownership.

Key Highlights

  • 9 two‑story, two‑bedroom apartment units
  • 10,617‑square‑foot building built in 1996
  • Renovated in 2010

Property Analytics

Current Use

MV IMMIGRATION AND INCOME ... Corporate Office VP IMMIGRATION AND INCOME ... Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Tattoo & Piercing Shop Mobile Phone Store Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,758
Businesses Nearby

Demographics for 94945, CA

17,876
Population
7,355
Households
2.4
Avg Household Size
47
Median Age
52%
College-Educated
92%
High-School Grad
23.3 sq mi
ZIP Area
767
Density / Sq Mi
$109,750
Median Household Income
$65,060
Median Earnings
$2,168
Median Rent
$1,094,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story apartments offer private outdoor areas, in-unit laundry, and forced-air heating.
Where is this apartment building located?
The property is located at 1048 2nd St Novato, CA.
What are key features of this property?
This property features: 9 two‑story, two‑bedroom apartment units; 10,617‑square‑foot building built in 1996; Renovated in 2010
(415) 516-1863 Call to check price and availability
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