46 Grass Court, Novato, CA 94949, Novato, 94949 - 8 bed, 0 bath
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Novato, CA 94949
Analysis of 46 Grass Court, Novato, CA 94949 is currently available with a list price of $1,625,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Novato Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is an exceptionally well-maintained, turn-key 4-plex showing strong pride of ownership. While built in 1978, the units are move-in ready with functional systems, clean finishes, and minimal wear and tear. The townhouse-style layouts and 'turn-key' status indicate that major components are well-maintained and do not require immediate renovation, meeting the criteria for 'good' condition.
The property is an exceptionally well-maintained, turn-key 4-plex with a 30-year history of pride of ownership, significantly reducing the need for immediate capital improvements.
Located just minutes from Highway 101, the property provides easy access to San Francisco and Marin County, ensuring a consistent pool of high-quality tenants.
The units feature townhouse-style configurations which offer more privacy and a residential feel compared to standard apartment flats, enhancing long-term tenant retention.
With a construction date of 1978, the property may soon require updates to major systems like plumbing or electrical that are approaching the end of their typical lifecycle.
The 1.25-bathroom layout for two-bedroom units may be less competitive than modern two-bathroom configurations, potentially limiting the maximum achievable rent.
46 Grass Court (The Property) is a turn-key townhouse style 4-Plex comprised of four (4) Two (2) Bedroom, One & a Quarter (1.25) Bathroom apartments located in the Pacheco Villas apartment community in Novato, CA. The Property offers investors the opportunity to acquire a pride of ownership asset that has been exceptionally well-maintained for their 30+ year ownership. Located minutes from Highway 101, The Property offers easy access to Novato, Marin, and the greater San Francisco Bay Area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1978 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 23, 2026
$1,625,000
Initial Listing
Feb 28, 1994
$52,609
Public Record