Fairfax, CA 94930 317-319 Olema Rd

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Presented By: Bill M. Johnson with Coldwell Banker Realty
  • MLS# 325028341
  • 04/02/2025
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  • Beds • 6
  • Baths • 4
  • SQFT • 3,200
  • Garage • 4

Home Details

Great opportunity to own two sweet homes on a large lot in the flats just west of town. Both are 3 bedroom/2 baths and have been updated with wood floors, dual pane windows, newer kitchen cabinets and stone countertops. Ideal living situation, occupy one or both or rent the other. Easy off street parking with a long crescent shaped driveway that serves both homes. Open great room design with dining and living areas plus wood burning fireplaces surrounded by three walls of picture windows bringing the wooded views and nature's privacy into the homes. Concrete patios back up to the undeveloped hillside, low maintenance and privacy. This unique situation provides a number of living, rental or numerous options in today's housing market for those looking to get great value for the dollar. Both homes are fully separate metered with gas, electric and water. Newer dual pane windows except the picture windows in the living rooms, fresh interior paint throughout. Occupied unit 319 was not repainted and offers wood vinyl flooring.
Presented By: Bill M. Johnson with Coldwell Banker Realty

Interior Features for 317-319 Olema Rd

Bedrooms

Unit 1 Bedrooms3
Unit 3 Bedrooms0
Unit 2 Bedrooms3
UnitType4BedroomUnitsTotal0
Unit 1 Bedroom Units Total
Unit 2 Bedroom Units Total
Unit 3 Bedroom Units Total2
Unit 4 Bedrooms

Bathrooms

Unit 4 Full Baths0
Unit 1 Full Baths2
Unit 2 Full Baths2
Unit 3 Full Baths
Unit 2 Partial Baths
Unit 1 Partial Baths
Unit 4 Partial Baths

Other Interior Features

Unit 2 DescriptionOccupied/shown only to serious buyer. Updated baths/kitchen. Large patio. Tenant can move/stay
Unit 1 DescriptionLeft house/317 newly painted interior, roof 10 -12 yrs old, new wood style flooring updated kit/bath
Unit 1 Approx SqFt1600
Unit 2 Approx SqFt1600
Unit 3 Approx SqFt0
Unit 4 Approx SqFt0
LivingAreaSourceAssessor Agent-Fill
# Studios Occupied
UnitTypeStudioUnitsTotal
FlooringCarpet, Laminate, Tile, Wood, See Remarks
Interior AmenitiesFormal Entry, Storage Area(s)
Laundry FeaturesIn Each Unit, Washer/Dryer Owned
Total Stories
Window FeaturesDual Pane Partial

Other Rooms

Unit 1 # of Rooms6
Unit 2 # of Rooms6
Unit 3 # of Rooms
Unit 4 # of Rooms

General for 317-319 Olema Rd

# of Guest Space(s)
4 Bedroom Rent Range
AppliancesDishwasher, Disposal, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Insulated Water Heater
Architectural StyleRanch
AuctionNo
Cap Rate4.80
Carport Spaces0.00
CityFairfax
Close Price0.00
Construction MaterialsStucco, Wood Siding
CoolingNone
CountyMarin
DirectionsWest on SF Drake through town, L-Olema Rd to 317
Electric220 Volts
Elementary School DistrictRoss Valley
Garage Spaces4.00
Gross Income96000
Gross Rent Multiplier16.00
HOANo
HOA Fee$
HeatingCentral, Fireplace(s), Gas
High School DistrictRoss Valley
LevelsMulti/Split, One
Lot Size Square Feet10999.00
Lot Size UnitsAcres
MLS AreaFairfax
Middle/Junior School DistrictTamalpais Union
Number Of Units Total2
Open Parking Spaces8.00
Patio/Porch FeaturesEnclosed Patio, Uncovered Patio
PossessionClose Of Escrow, Subject To Tenant Rights
Property ConditionUpdated/Remodeled
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition, Shingle
School District (County)Marin
SewerPublic Sewer
Standard StatusActive
StatusActive
Subtype DescriptionHouse(s)
Tenant PaysCable TV, Electricity, Gas, Trash Collection, Water
UnitTypeCommercialUnitsTotal0
UtilitiesCable Available, Cable Connected, Electric, Natural Gas Connected
ViewForest
Year Built1960
Year Built SourceAssessor Auto-Fill
Zoning DescriptionR1

Exterior for 317-319 Olema Rd

Covered Spaces0.00
Exterior AmenitiesFenced Yard, Yard Space
Foundation DetailsConcrete Perimeter, Raised
Independent Parking Spaces
Lot FeaturesPrivate, Secluded
Lot Size Acres0.2525
Lot Size SourceAssessor Auto-Fill
Number of Buildings2
Parking FeaturesAttached, Garage, Garage Door Opener, Off Street, Side-by-Side
Tandem Parking Spaces0
Total Parking12.00
Water SourceMeter on Site, Public, Water District

Additional Details

Price History

Sean Gaynor-Rousseau

Broker Associate
Price $1,575,000
MLS#325028341
List Date 04/02/2025
Property Type Multi-Family
Phone 707.321.4063
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