This is an incredible Marin County investment opportunity in the unincorporated section of Fairfax, exempt from the Town's rental controls. The property is located on .78 acres (33,927 sf) of land and features three spacious, side-by-side duplexes with 3BR, 1.5 BA townhouse units. Each apartment is 1,428sf. They are thoughtfully designed for modern living. The property's open layout gives each building a sense of privacy and lends itself to future development, such as ADUs. While the duplexes have their own APN, further investigation is needed to see if actual lot spits are available. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units being rented in the $4500 plus range. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. One of the duplexes experienced extesive damage from a mudslide. The AS IS asking price reflects a $560,000 credit for repairs needed. The cause of the slide has been corrected, but work is needed. Ideal for a contractor special.
Nestled on a sunny, tree-lined street, in the flats & just one block from vibrant downtown Fairfax, this 1920s home offers tremendous street appeal and opportunity. Combining vintage charm with modern upgrades, over 4,250 sq ft, including a quaint cottage, on 8,000+/- sq ft sunny corner lot. Features include a sunlit, pane-glass entrance, period details, high ceilings, an original fireplace & abundant natural light. This well-maintained home features 6 bed and 6 bth, plus cottage, with 4 beds/3 baths on upper and 2 bed, 3 baths plus office on lower level, plus separate studio cottage. New roof and freshly painted exterior. The two level owners unit features high ceilings and multiple skylights. The flat rear and side yards feature mature trees, a storage shed, and parking for 4 cars. Legally classified as a 2-unit property with a detached cottage, this unique home offers endless possibilities and incredible upside potential. Please review the disclosure package prior to viewing.This property is versatile, perfect for owner-occupier with rental unit below, extended families, or investor. Cottage can be turned into ADU. *The property is currently on one utility meter. Duplicate listing.
Open House:
Sunday, 11/17 1:00-4:00PM
Welcome to 2 Willow. ONE property - THREE excellent opportunities. Iconic structure since 1916, this property makes for the ideal owner-occupied, revenue producing, duplex, or it could be returned to a straight investment property, or commercial(CH) zoning allows all sorts of future opportunities for a buyer. Double pane windows throughout, the spectacular proximity is balanced by quiet and peaceful living. The lower level provides convenient living with easy parking, patio space, 3rd potential bedroom, luxurious bath and spacious kitchen. New 3/4in Bamboo edge grain wood flooring and beautiful tile work bathroom provide the shine that occupants will appreciate. The upper level takes in the urban views and brightness that makes this location so special. The redwood forest backdrop in the living room, the hardwood floors and the high ceilings provide a wonderful combination of city Edwardian and contemporary luxury. New kitchen appliances, cabinets and counter, picturesque eating area, separate laundry, dining room with views, new windows, 3 bedrooms and closet/office space with natural light. Storage, rear
This lovely, well maintained 5 unit income property has a duplex and a triplex on one large lot. 4 units are updated and remodeled with new carpet, hardwood floors, energy efficient windows, and newer appliances. Most units have a washer and dryer. Units retain many charming details. Each residence has a private yard, garden or deck surrounded by mature landscaping and fruit trees. Pretty views from most units. All 5 units are rented and require 24 hour notice to show. Desirable location, easy walking distance to downtown Fairfax and all of its amenities. Near popular hiking trails and biking routes. Some off-street parking. Additional storage area in 8 Rocca Drive rents for $825/month. One empty garage at Rocca Dr. is not currently rented or included with current leases. Could be rented separately.
The median home value in Fairfax, CA is $1,475,000. This is higher than the county median home value of $1,402,900. The national median home value is $338,100. The average price of homes sold in Fairfax, CA is $1,475,000. Approximately 62.6% of Fairfax homes are owned, compared to 30.61% rented, while 6.79% are vacant. Fairfax real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairfax real estate agent to arrange a tour today!
Fairfax, California has a population of 8,784. Fairfax is less family-centric than the surrounding county with 27.49% of the households containing married families with children. The county average for households married with children is 33.06%.
The median household income in Fairfax, California is $114,811. The median household income for the surrounding county is $131,008 compared to the national median of $69,021. The median age of people living in Fairfax is 48.3 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 40.5 inches per year, with 0 inches of snow per year.