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6-Unit Apartment Building with Balconies
For Sale
Contact for pricing
Pending

699 Logan St, Novato, CA 94945

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

Property SizeContact for details
Days on Market144

Property Features for 699 Logan St

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Additional Details

Gross Rent Multiplier 15.6

Amenities

private balconies
carports
extra storage
on-site laundry

Building Details

Year Built 1976
Buildings 1
Listing Agency: Golden Gate Sotheby's International Realty
Listed By: Michael Burke · License #CA 00454938
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:25PM

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 Golden Gate Sotheby's International Realty

Investment Insights

Based on property information with market context.

Located at 699 Logan St in Novato, this six-unit apartment property contains six two-bedroom, one-bath residences with efficient floorplans and separate dining areas. Each apartment includes a private balcony, an all-electric kitchen with a dishwasher, radiant electric ceiling heat, and separate area thermostats. Electricity is individually metered, with tenants paying their own usage.

The property was built in 1976 and includes carports, an additional storage room for each apartment in the carport area, and an on-site laundry room equipped with brand-new owned machines. The property is near downtown Novato’s restaurants and shops, the Smart Train stop, and freeway access. Current and conservative market rent metrics are stated at 15.6 GRM and 12.5 GRM, respectively.

Key Highlights

  • Six 2BR/1BA apartments with private balconies
  • Built in 1976 with carports and one extra storage room per apartment
  • All‑electric units with dishwashers and radiant electric ceiling heat

Property Analytics

Current Use

Apartment buildings

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

6
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,569
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
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Frequently Asked Questions

What type of property is this?
Apartment building - All-electric residences offer private outdoor space, individual electric metering, carports, storage, and on-site laundry.
Where is this apartment building located?
The property is located at 699 Logan St Novato, CA.
What are key features of this property?
This property features: Six 2BR/1BA apartments with private balconies; Built in 1976 with carports and one extra storage room per apartment; All‑electric units with dishwashers and radiant electric ceiling heat
(415) 461-7200 Call to check price and availability
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