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Berkshire Hathaway HomeServices California Properties

1 Clay Court, Novato, CA 94949

$6,400,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Adam Foley | adam.foley@cbre.com
Lic#: 02144332
Broker: Courtesy of CBRE, Inc.
Phone: 408-893-8063

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82047120

Price: $6,400,000

Rental Rate: $6,400,000

Lot Size:

HOA Fee is $0.00

Built in 1978

0.15 acres

County: Marin

Zoning: n/a

Last Updated: 7/30/2026

Days On Market (DOM): 83

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Lat/Long: 38.049641, -122.534626.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Pacheco Villas, a 16-unit multifamily portfolio comprising four individual fourplex buildings on a wooded hillside in Novato, the northern gateway to Marin County. Built in 1978 of wood-frame construction, the Property offers spacious two-bedroom residences averaging 996 square feet, each with its own in-unit washer and dryer. The offering is structured for flexibility: the four fourplexes at 1, 17, 30 and 33 Clay Court may be acquired together as a portfolio or purchased individually. Direct US-101 access and a SMART rail station connect residents south to San Francisco and the broader Bay Area employment base, while stringent land-use controls and Marin's decades-long undersupply of new multifamily housing continue to constrain competing supply and support durable, long-term rent growth.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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