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39-Unit Renovated Apartment Community
New
For Sale
$14,500,000

195 Los Robles Road, Novato, CA 94949

Renovated multifamily community with updated interiors, private decks, and a varied apartment mix.

Property Size1,555 SF
Lot Size1.04 Acres
Price / SF$9,324
Days on Market2

Property Features for 195 Los Robles Road

General Information

Standard status Active
Size 1,555 SF
Net Rentable 35,346 SF
Lot size 1.04 Acres
Property subtype Multi-Family

Units

Unit Mix 36 x 2BR/1BA, 2 x 1BR/1BA, 1 x manager's unit
Multifamily Units 39

Amenities

private decks

Building Details

Year Built 1946
Listing Agency: Pinnacle Realty Advisors
Listed By: Readdress
Source: Readdress
Added: Sep 1 Last Checked: Sep 1 at 9:31PM

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 Pinnacle Realty Advisors

Investment Insights

Based on property information with market context.

Ignacio Pines is a 39-unit apartment community at 195 Los Robles Road in Novato, California. The property occupies 1.04 acres and includes approximately 35,346 square feet of rentable space. The unit mix consists primarily of 36 two-bedroom, one-bathroom apartments, along with 2 one-bedroom, one-bathroom units and one on-site manager’s unit.

Capital improvements include new roofs, upgraded plumbing, replaced water mains, storm drain work, new dual-pane windows, and a current seismic retrofit. Interior upgrades include remodeled kitchens and bathrooms, hardwood cabinetry, refreshed finishes, and private decks. Built in 1946, the community combines a range of infrastructure improvements with renovated resident spaces.

Key Highlights

  • 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

Property Analytics

Current Use

Ignacio Pines Apartments Apartment Building Tony's Handyman Services Hardware & Home Improvement

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Grocery & Convenience Store Florist 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

39
Residential units

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 94949, CA

17,588
Population
7,541
Households
2.3
Avg Household Size
46
Median Age
48%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
1,313
Density / Sq Mi
$116,101
Median Household Income
$60,149
Median Earnings
$2,596
Median Rent
$1,075,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Renovated multifamily community with updated interiors, private decks, and a varied apartment mix.
Where is this apartment building located?
The property is located at 195 Los Robles Road Novato, CA.
What is the asking price?
The asking price for this property is $14,500,000.
What are key features of this property?
This property features: 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
More about this property
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