$10,000
closing credit¹
329 Olema Rd Fairfax, CA 94930
Property details
About 329 Olema Rd
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.
Highlights
Summary
- MLS Number: 324085978
- MLS Name: BAREIS MLS
- Office Name: Golden Gate Sotheby's International Realty
- Listing Agent: Michael J Burke, Pamela Burke Pamela Burke
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Last updated on: 2/6/2025, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,250,000
329 Olema Rd
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $367,782 | $8,613 |
| 2023 | $360,570 | $8,454 |
| 2022 | $353,501 | $8,261 |
| 2021 | $346,571 | $8,019 |
| 2020 | $343,017 | $7,841 |
| 2019 | $336,292 | $6,995 |
| 2018 | $329,699 | $6,787 |
| 2017 | $323,235 | $6,787 |
History based on county public records data.
Nearby schools
5
Manor Elementary School
Public District KG-5
0.4 mi
•150 Oak Manor Dr
7
Ross Valley Charter
Public Charter KG-5
0.9 mi
•102 Marinda Dr
7
Brookside Elementary School
Public District KG-5
1.5 mi
•116 Butterfield Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,875. Typical income of Fairfax, CA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Men's Tennis
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Bloomingdales
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Bonefish Grill
What do the neighbors drive?
Subaru
Cadillac
Lexus
What do the neighbors listen to?
New Country
News/Talk/Information- News
This home is located at 329 Olema Rd in Fairfax, CA and zip code 94930. This 8,568 square foot home, which was built in 1964, sits on a 0.78 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $2,250,000.
Fairfax, CA housing market in January 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The inventory of homes for sale in Fairfax, CA between December and January 2025 decreased by 21.1%.