46 Grass Court, Novato, CA 94949, Novato, 94949 - 8 bed, bath
46 Grass Court
Novato, CA 94949
Property Price
SUMMARY
Analysis of 46 Grass Court, Novato, CA 94949 is currently available with a list price of $1,625,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is exceptionally well-maintained and described as turn-key, but it retains much of its original 1978 character. The kitchens and bathrooms feature functional but dated cabinetry, white appliances, and older fixtures. While the property shows pride of ownership and minimal wear, it lacks the recent extensive renovations or modern style required for a higher rating, fitting the criteria for a well-maintained but aged asset.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Condition
The property has been exceptionally well-maintained by the same owners for over 30 years, offering a pride-of-ownership asset that is ready for immediate occupancy without major initial capital expenditures.
- Strategic Location
Situated just minutes from Highway 101, the property provides residents with convenient commuter access to Novato, Marin County, and the broader San Francisco Bay Area.
- Desirable Unit Configuration
The townhouse-style layout of the four 2-bedroom units offers a more private, residential feel compared to traditional apartments, which typically commands higher tenant retention and rental premiums.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1978, the property may require future updates to major systems or energy-efficiency improvements to meet modern standards, despite its current well-maintained status.
- Limited Outdoor Space
With a lot size of approximately 5,186 square feet for a 3,900 square foot building, there is minimal private or communal outdoor space, which may be a drawback for some prospective tenants.
About 46 Grass Court
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1978
- Lot Size
- 5,186 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,625,000
Initial Listing
Sold
Feb 28, 1994
$52,609
Public Record