329 339 Olema Road Fairfax CA 94930 MLS #324085978

329 339 Olema Road
Fairfax, CA, 94930
$2,250,000
Beds
0 Baths
8,568 SqFt
0.78 Acres
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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

Price:
$2,250,000
MLS #:
324085978
Status:
Active
Baths:
0
Address:
329 339 Olema Road
Type:
Residential Income
Subtype:
5 or More Units
Neighborhood:
fairfax
City:
Fairfax
State:
CA
Finished Sq Ft:
8,568
ZIP:
94930
Lot Size:
33,927 sqft / 0.78 acres (approx)
Year Built:
1964
Days on Market:
117
List Date:
Oct 30, 2024

Interior

Exterior

Financial

Map

All map details are google-generated and can contain errors. Lot lines and building locations are fuzzy. See Official plat maps for more accurate information.

Community

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329 339 Olema Road
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