Ignacio Pines features a well-maintained 39-unit multifamily community located at 195 Los Robles Road in Novato, California. Situated on an expansive 1.04-acre parcel, the property encompasses approximately 35,346 square feet of rentable space and offers an attractive unit mix consisting primarily of (36) two-bedroom, one-bathroom apartments, complemented by (2) one-bedroom, one-bathroom units and one on-site manager's unit. The property has benefited from extensive capital improvements and renovations, positioning it as a turnkey investment with limited near-term deferred maintenance. Significant upgrades include new roofs, upgraded plumbing, replaced water mains, storm drain improvements, new dual-pane windows, and a current seismic retrofit, providing long-term operational stability for future ownership. Interior renovations completed throughout the property include modernized kitchens and bathrooms, hardwood cabinetry, updated finishes, and spacious private decks for residents
For sale
$14,500,000
195 Los Robles Rd, Novato, CA 94949
75beds
0baths
1,555sqft
Multi Family
Built in 1946
-- sqft lot
$9,930,200 Zestimate®
$9,325/sqft
$-- HOA
What's special
Updated finishesNew roofsModernized kitchensStorm drain improvementsHardwood cabinetryNew dual-pane windows
- 3 days
- 118
- 8
Zillow last checked:
Listing updated:
Listed by:
Nicolo Giacomini DRE #02205096 415-259-9753,
Engel & Voelkers San Francisco 415-689-8592,
Andrew Black DRE #02076033 509-638-8538,
Engel & Voelkers San Francisco
Source: SFAR,MLS#: 326074364
Originating MLS: San Francisco Association of REALTORS
Originating MLS: San Francisco Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 75
- Bathrooms: 0
Heating
- Individual, Central
Cooling
- None
Appliances
- Laundry: Common Area, Coin Operated
Features
- Basement: Walk-Up Access,Storage Space
Interior area
- Total structure area: 1,555
- Total interior livable area: 1,555 sqft
Property
Parking
- Total spaces: 10
- Parking features: Uncovered, Off Street, Covered, Carport
- Carport spaces: 10
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 0.38 Acres
- Features: Secluded, Landscape Front, Landscaped
Details
- Parcel number: 01025401
- Zoning description: None
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1946
Utilities & green energy
- Electric: Separate Meter
- Gas: Separate Meter
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Novato
- Elevation: 0
Financial & listing details
- Price per square foot: $9,325/sqft
- Tax assessed value: $17,588,038
- Price range: $14.5M - $14.5M
- Date on market: 8/31/2026
- Total actual rent: 0
Estimated market value
$9,930,200
$6.65M - $14.30M
$3,125/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $14,500,000-10.8%$9,325/sqft |
Source:  SFAR #326074364 Report a problem | ||
| 3/28/2022 | Sold | $16,250,000+138.1%$10,450/sqft |
Source: Public Record Report a problem | ||
| 6/30/2005 | Sold | $6,825,000$4,389/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $17,588,038 +2% |
| 2025 | $231,019 +1.8% | $17,243,544 +2% |
| 2024 | $227,019 +1.9% | $16,905,868 +2% |
| 2023 | $222,684 +2.5% | $16,574,687 +82.9% |
| 2022 | $217,299 +59.4% | $9,061,198 +2% |
| 2021 | $136,301 +1.5% | $8,883,855 +1.1% |
| 2020 | $134,313 +4.3% | $8,784,039 +2.4% |
| 2019 | $128,828 +2% | $8,575,408 +2.2% |
| 2018 | $126,349 +2.4% | $8,387,046 +2.4% |
| 2017 | $123,427 +7.2% | $8,193,553 +2% |
| 2016 | $115,182 +2% | $8,033,259 +1.5% |
| 2015 | $112,954 +2.7% | $7,912,869 +2% |
| 2014 | $109,980 | $7,758,228 +20.3% |
| 2013 | -- | $6,450,000 +7.5% |
| 2012 | -- | $6,000,000 |
| 2011 | -- | $6,000,000 |
| 2010 | -- | $6,000,000 -18.8% |
| 2009 | -- | $7,386,229 +2% |
| 2008 | -- | $7,241,735 +2% |
| 2007 | -- | $7,100,099 +2% |
| 2006 | -- | $6,961,188 +66.7% |
| 2005 | -- | $4,175,786 +2% |
| 2004 | -- | $4,094,235 +2.3% |
| 2003 | -- | $4,003,912 +2% |
| 2002 | -- | $3,925,420 +2% |
| 2001 | -- | $3,848,472 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 94949
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