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  • $1,850,000

    329 - 339 Olema Road, Fairfax, CA 94930

    --beds
    --baths
    8,568sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $1,898,500 Zestimate®
    $216/sqft
    $2,900 Estimated rent

    Home value

    $1,898,500

    Estimated sales range

    Not available

    $2,900/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 09:48am

    Listed by:

    Michael J Burke DRE #00454938 415-518-7200,

    Golden Gate Sotheby's 415-464-9300

    Bought with:

    Michael J Burke, DRE #00454938

    Golden Gate Sotheby's

    Pamela Burke, DRE #02156257

    Golden Gate Sotheby's

    Source: BAREIS,MLS#: 325057485MLS LogoOriginating MLS: Marin County

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: In Unit
    Features
    • Unit 1 - Beds: 0, Baths: 0, Square Footage: 8568 | Unit 2 - Beds: 0, Baths: 0, Square Footage: 8568 | Unit 3 - Beds: 18, Baths: 0, Square Footage: 8568 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 8568
    Interior area
    • Total structure area: 8,568
    • Total interior livable area: 8,568 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Off Street, Uncovered
    • Uncovered spaces: 9
    Features
    • Levels: Two
    • Patio & porch: Enclosed, Deck
    • Has view: Yes
    • View description: Garden/Greenbelt, Hills
    Lot
    • Size: 0.78 Acres
    • Features: Secluded
    Details
    • Parcel number: 17405130
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Wood
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1964

    Utilities & green energy

    • Electric: Separate Meters
    • Gas: Separate Meters
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Fairfax

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    8/4/2025Sold$1,850,000-17.8%$216/sqft
    Source: BAREIS #325057485 Report a problem
    7/1/2025Pending sale$2,250,000$263/sqft
    Source: BAREIS #325057485 Report a problem
    6/21/2025Listed for sale$2,250,000$263/sqft
    Source: BAREIS #325057485 Report a problem
    4/1/2025Listing removed$2,250,000$263/sqft
    Source: BAREIS #324085978 Report a problem
    2/25/2025Contingent$2,250,000$263/sqft
    Source: BAREIS #324085978 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 94930

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,898,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,898,500