Search
15-Unit Apartment Building
For Sale
Contact for pricing
Pending

729-733 Cherry St, Novato, CA 94945

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

Property SizeContact for details
Days on Market142

Property Features for 729-733 Cherry St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 13 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 15

Additional Details

Utilities to Site Yes

Amenities

separate storage units
on-site laundry room
carport parking

Building Details

Buildings 3
Listing Agency: Berkshire Hathaway HomeServices Drysdale Properties San Rafael
Listed By: Steve Level · License #CA 01184232
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:43PM

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 Berkshire Hathaway HomeServices Drysdale Properties San Rafael

Investment Insights

Based on property information with market context.

This 15-unit multifamily property comprises three buildings on a corner parcel measuring over a half-acre. The unit mix includes thirteen 1-bedroom, 1-bath townhouse-style residences and two 2-bedroom, 1-bath townhouse-style residences. Interior updates include flooring, paint, appliances, and fixtures. Property features include dual-pane windows, pitched composite shingle roofs, individual storage units, an on-site laundry room, and carport parking. Gas and electric service are separately metered.

Exterior improvements include a stucco skim coat and paint completed in 2021, while water heaters were replaced in 2022. The property is located minutes from Downtown Novato, with Whole Foods Market, Trader Joe’s, Rustic Bakery, Starbucks, shops, restaurants, and entertainment nearby. The address is approximately 25 miles north of San Francisco and less than 20 miles from Sonoma.

Key Highlights

  • 15 units across three buildings on a corner parcel measuring over a half‑acre
  • Unit mix includes thirteen 1‑bedroom, 1‑bath and two 2‑bedroom, 1‑bath townhouse‑style units
  • Updated flooring, paint, appliances, and fixtures throughout the units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Storage Facility Hotel & Motel Tattoo & Piercing Shop

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

15
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

964
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Three buildings offer updated interiors, individual storage, on-site laundry, and carport parking.
Where is this apartment building located?
The property is located at 729-733 Cherry St Novato, CA.
What are key features of this property?
This property features: 15 units across three buildings on a corner parcel measuring over a half‑acre; Unit mix includes thirteen 1‑bedroom, 1‑bath and two 2‑bedroom, 1‑bath townhouse‑style units; Updated flooring, paint, appliances, and fixtures throughout the units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message