195 Los Robles RD Novato, CA 94949 New

UPDATED: 09/01/2026 01:48 AM ON SITE: New on site today

$14,500,000

75 Beds1,555 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,555 sqft

Price per Sqft $9,324

MLS Listing ID 326074364

Bedrooms 75

HOA Y/N No

Year Built 1946

Lot Size 0.379 Acres

Acres 0.3793

Property Sub-Type Multi Family

Property Description

Ignacio Pines features a well-maintained 39-unit multifamily community located at 195 Los Robles Road in Novato, California. Situated on an expansive 1.04-acre parcel, the property encompasses approximately 35,346 square feet of rentable space and offers an attractive unit mix consisting primarily of (36) two-bedroom, one-bathroom apartments, complemented by (2) one-bedroom, one-bathroom units and one on-site manager's unit. The property has benefited from extensive capital improvements and renovations, positioning it as a turnkey investment with limited near-term deferred maintenance. Significant upgrades include new roofs, upgraded plumbing, replaced water mains, storm drain improvements, new dual-pane windows, and a current seismic retrofit, providing long-term operational stability for future ownership. Interior renovations completed throughout the property include modernized kitchens and bathrooms, hardwood cabinetry, updated finishes, and spacious private decks for residents