729 Cherry St

Novato CA 94945

10368 sq. ft.

23000 sq. ft.

Other

Last sold for $4,150,000

Steven Level, last sold this property on 04 November 2025 after -188 days on market.

Overview

Excellent investment opportunity to acquire a well-maintained 15-unit apartment complex located on a corner lot in Novato, CA. Highlighted by a unit mix of thirteen (13) 1-bedroom, 1-bath townhouse-style units and two (2) 2-bedroom, 1-bath townhouse-style units, the subject property consists of three buildings located on over a half-acre parcel in the coveted Marin County rental market. All units have updated interiors including flooring, paint, appliances and fixtures. A stucco skim coat and exterior paint was completed in 2021 and the water heaters were replaced in 2022. There are dual-pane windows throughout and each building has a pitched composite shingle roof. The apartment complex features separate storage units for each apartment, an on-site laundry room, abundant carport parking and separate meters for gas and electric. The property is located minutes away from Downtown Novato, which includes Whole Foods Market, Trader Joe's, Rustic Bakery, Starbucks, and many other shops, restaurants and entertainment activities. Located just 25 miles north of San Francisco and less than 20 miles from the town of Sonoma, this apartment complex is surrounded by everything Northern California has to offer.

Features

22 carspaces

16 carport spaces

6 open car spaces

10368 sq. ft. floor area

23000 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar other properties sold in Novato over the last 12 months.

Property history for 729 Cherry St

2025

Sold

$4,150,000

04 Nov 2025 by Steven Level, of Berkshire Hathaway

2016

Sold

$3,020,000

15 Jan 2016

Happy sellers in Novato

We have insufficient information to provide an overview of customer satisfaction for Novato. Viewing the agent profiles, reviews and sales for Novato can provide insights for this location.