46 Grass Court, Novato, CA 94949, Novato, 94949 - 8 bed, 0 bath
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46 Grass Court
Novato, CA 94949
ACTIVE
CONDITION: GOOD
8Beds
0Baths
3,900Sq Ft
5,186Lot Size
Property Price
LIST PRICE$1,625,000
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Investment
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.
- Strategic Commuter Location
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.
- Desirable Townhouse Layouts
The units feature townhouse-style configurations which offer more privacy and a residential feel compared to standard apartment flats, enhancing long-term tenant retention.
CONSRISKS & DEFICIENCIES
- Aging Building Systems
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.
- Limited Bathroom Configuration
The 1.25-bathroom layout for two-bedroom units may be less competitive than modern two-bathroom configurations, potentially limiting the maximum achievable rent.
About 46 Grass Court
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 |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,900 | 4,004 |
| Lot Size | 5,186 | 7,145 |
| Price | $1.62M | $1.56M |
| Price per sq ft | $417 | $390 |
| Built year | 1978 | 1979 |
| HOA | $0 | $0 |
| Days on market | 243 | 73 |
Pricing History
Listed for Sale
Feb 23, 2026
$1,625,000
Initial Listing
Sold
Feb 28, 1994
$52,609
Public Record