
0 Beds
0 Baths
8,568 sqft
$1,850,000
339 Olema Road, Fairfax CA, 94930
Price per sqft$215.92
Built in1964
Property size8,568 sqft
Property typeMulti-family
Overview
Sold
Closed
Listed Jun 20, 2025
Updated May 20
An incredible Marin County investment opportunity in the unincorporated section west of Fairfax. 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. Three separate parcels; however, necessary easements for driveway, parking, utilities, etc between the properties still need to be created and recorded. Buyer to confirm with the County. As Duplexes with 3 BRs are rare, the rental income for this property is generous, with units previously rented in the $4500 range. Overall, the property seems to be in good condition, however, a neighboring property caused a mudslide above the middle upper duplex. These two units remain empty and still need substantial repairs, as well as the hillside directly above. Three duplexes priced at $916,000 each with one discounted $500,000 for repairs needed. Properties being sold as a package for $2,250,000 AS IS. Experience the charm of Fairfax, known for its vibrant community, outdoor activities, and artistic spirit. Live in one or Fix and Flip.
Additional information
- MLS® ID
- 325057485
Interior Features
- Bedrooms
- 0
- Bathrooms
- 0
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.78 Acres
Other Property Details
- View
- Yes
Bought with Michael J Burke with Golden Gate Sotheby's International Realty and Listed by Michael J Burke with Golden Gate Sotheby's International Realty
Listing Contact:
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