Property photo 1
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:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeffrey Marples | CA DRE# 01522223 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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