Residential Income

Novato, CA Residential Income Properties for Sale

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

195 Los Robles Road, Novato, CA 94949

$14,500,000
35,346 sqft
39‑unit multifamily community on 1.04 acres
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, and replaced water mains
Current seismic retrofit and storm drain improvements
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55+ Mobile Home in Gated Park
Updated: Jun 21
55+ Mobile Home in Gated Park

800 Las Palmas Avenue, Novato, CA 94949

$159,000
1,440 sqft
Approx. 1,440 SF 2 bed, 2 bath mobile home in Los Robles Mobile Home Park, a gated 55+ community
Clubhouse plus pool and spa in the community; front wood deck and rear deck for indoor‑outdoor living
Tile kitchen with gas range; breakfast room/family room with sliding glass door to the rear deck
Primary suite with walk‑in closet and private bath with stall shower; hall bath with shower‑over‑tub
Central heat and air, wall‑to‑wall carpeting, one‑car carport, and metal roof; extra‑large Tuff Shed for storage
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39-Unit Renovated Apartment Community
39-Unit Renovated Apartment Community

195 Los Robles Road, Novato, CA 94949

$14,500,000
1,555 sqft 1.04 AC lot

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

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See what stands out in Marin County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in
Local Demand available after sign in
Residential Income Property
Residential Income Property

25 Oceano Place, Novato, CA 94949

$350,000
1,260 sqft

For sale residential income property in Marin County, accessed via Hwy 101 Ignacio/BMK exit and entry drives within the park.

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Four-Unit Apartment Property
Four-Unit Apartment Property

1041 3rd St, Novato, CA 94945

$1,500,000

Two-bedroom residences include in-unit laundry, dishwashers, covered parking, storage, and private outdoor areas.

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Multifamily
Multifamily

4 Harkle Rd, Novato, CA 94945

$3,300,000

Multifamily properties

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Novato, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

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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Residential Income Property Corner Lot
Residential Income Property Corner Lot

363 Glacier Way, San Rafael, CA 94903

$399,000
1,440 sqft

For sale residential income property located on a corner of Yosemite and Glacier.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

435 Acre Novato Land Portfolio
435 Acre Novato Land Portfolio

00 Novato BLVD, Novato, CA 94947

$12,000,000
435.00 AC lot

435-acre land portfolio with 50 flat acres for residential development.

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San Rafael Land with Bay Views
San Rafael Land with Bay Views

110 Sunny Oaks Drive, San Rafael, CA 94903

$249,000

Almost 2-acre lot with views in an exclusive enclave.

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San Rafael Residential Lot Opportunity
San Rafael Residential Lot Opportunity

Coleman Drive, San Rafael, CA 94901

$100,000
0.23 AC lot

East-facing hillside lot with views in established neighborhood.

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Petaluma Residential Lot with Views
Petaluma Residential Lot with Views

45 Augusta Circle, Petaluma, CA 94952

$443,000
0.27 AC lot

Prime lot with views in a sought-after gated community.

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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

Estimated value:
by Request
466.00 AC lot
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199 Posada Del Sol
Multifamily properties

199 Posada Del Sol, Novato, CA 94949

Estimated value:
by Request
69,088 sqft
View details
2 Madrone Ave
Land

2 Madrone Ave, Novato, CA 94945

Estimated value:
by Request
2.68 AC lot
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Novato, CA Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Novato, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 39,601 square feet of properties for sale, with an estimated market value of $34,309,000.

Sale prices for residential income properties in Novato, CA start at $159,000, averaging $5,718,166, and reaching up to $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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 7
Apartment buildings 3
Mobile home & RV parks 2
Quadplexes 1

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
94945 $2.2M
94949 $3.8M

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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