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Sold on 04/09/2025
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199 Posada Del Sol, Novato, CA 94949

$2,232,000

Last sold 04/09/2025 for $19M

  • 1

    bed

  • 2.5

    bath

  • 69,088

    Sqft ($275/Sqft)

Multi-family not for sale
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About 199 Posada Del Sol

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 4 Acre
Movoto estimate
Rental estimate
Overview
Cooling/AC None
Heating Gas
Levels/Style Four, 4, 4
SqFt 69088
SubType 5 Or More Units, Garden Apartments, Apartments
Type Residential Income
MLS # 325015579
Status Pending
Lot Size (Acres) 4
Lot Size (SqFt) 174240
Year Built 1970
Interior
Laundry Washer/Dryer Owned, In Common Area, Coin Operated
Basement None
Exterior
# Parking Spaces 140
Parking Desc Open, Carport
Lot Desc Garden
Amenities / Utilities
Water Source Water District
Sewer/ Septic See Remarks
Location
County Marin
APN 160-020-38
Directions Alameda Del Prado To Posada Del Sol
Multifamily Details
Unit 2: # Full Baths 1
Unit 1 Apartment, One 1 Bedroom
Unit 2 Apartment, 64 2 Bedrooms
Unit 2: SqFt 1100
Unit 2 Sqft Source Not Measured
Unit 2: # Of Rooms 4
Unit 2: # Partial Baths 1
Unit 1: # Bedrooms 1
Unit 1: Rent 1800
Unit 2: Rent 2800
Unit 1: # Full Baths 1
Separate Meters Gas, Electricity
Unit 1: SqFt 700
Unit 1: # Of Rooms 3
1-BR: Rent Range 1800
2-BR: Rent Range 2400-3050
2-BR: Occupancy 100
1-BR: Occupancy 100
# Of Units Total 65
# Of 1 Bedroom Units 1
# Of 2 Bedroom Units 64
Expense: Utilities 85273
Cap Rate 5.92
$2.23M
Range: $870K-$3.59M
Last 30 days 
Rental est.: $2,795/month
Gross rent multiplier: 566.5
  • Feb 2025
    mls logo MLS # 325015579
  • Feb 21, 2025 Listed
    $19,500,000 (-7.1%)
  • Oct 2024
    mls logo MLS # 324074844
  • Oct 15, 2024 Contingent - No Show
    —
  • Sep 16, 2024 Listed
    $21,000,000
  • Year Property taxes Tax assessment
  • 2024
    $705 +6.3%
    $6,233 +2.0%
  • 2023
    $663 +0.9%
    $6,111 +4.03%
  • 2022
    $657 +1.0%
    $5,874
  • 2021
    $650 +0.3%
    $5,874 +2.17%
  • 2020
    $648 +30.7%
    $5,749 +1.04%
  • 2019
    $496 +0.5%
    $5,690 +1.99%
  • 2018
    $494 +0.5%
    $5,579 +2.01%
  • 2017
    $491 +4.3%
    $5,469 +2.0%
  • 2016
    $471 -4.3%
    $5,362
  • 2015
    $492
    —
  • 199 Posada Del Sol
    $19M
  • Southwest Novato
    $967K -15% y/y
  • 94949
    $1.05M -10% y/y
  • Novato
    $1.02M -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Loma Verde Elementary School
public Grades K-5
Novato Unified School District
7/10
Novato High School
public Grades 9-12
Novato Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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