329 339 Olema Road, Fairfax, CA 94930

Other
THB ฿75,859,421
USD $2,250,000
Published on: 01 Nov 2024
Last updated on: 28 Jan 2025
329 339 Olema Road, Fairfax, CA 94930
329 339 Olema Road, Fairfax, CA 94930
329 339 Olema Road, Fairfax, CA 94930
+17
329 339 Olema Road, Fairfax, CA 94930
  • 17
Property ID: 110095372313
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5 or More Units - Fairfax, CA

329 339 Olema Road, Fairfax, CA 94930
An incredible Marin County investment opportunity in the unincorporated section west of Fairfax. The property is located on .78 acres (33,927 sf) of land and features three spacious side-by-side duplexes with 3BR/1.5 BA townhouse units. Each apartment is 1,428sf. They are thoughtfully designed for modern living. The property's open layout gives each building a sense of privacy and lends itself to future development, such as ADUs. Three separate parcels; however, necessary easements for driveway, parking, utilities, etc between the properties still need to be created and recorded. Buyer to confirm with the County. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units previously rented in the $4500 range. Overall, the property seems to be in good condition, however, a neighboring property caused a mudslide above the middle upper duplex. These two units remain empty and still need substantial repairs, as well as the hillside directly above.  Three duplexes priced at $916,000 each with one discounted $500,000 for repairs needed. Properties being sold as a package for $2,250,000 AS IS. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
3,152.10 m2
Building Size
795.99 m2
Year Built
1964
Architecture Style
Other
County
Marin
Parcel ID
174-051-30
Provider
Bay Area Real Estate Information Services, Inc.
Brokerage Office Name
Decker Bullock Dreyfus, Inc
Brokerage Office Phone
(415) 384-4008
Address
329 339 Olema Road, Fairfax, CA 94930
Contact Agent
Michael Burke
Golden Gate Sotheby's International Realty
500 Drakes Landing Road, Greenbrae, CA 94904
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Michael Burke
500 Drakes Landing Road, Greenbrae, CA 94904
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      Property ID: 110095372313

      Data provided by Bay Area Real Estate Information Services, Inc., MLS #: 324085978
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