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Investment Highlights

  • Extensively Upgraded Throughout
  • Additional Individual Storage Units
  • Stable Occupancy & Long Term Appreciation Potential
  • On-Site Shared Laundry Facility
  • Separately Metered
  • Diverse Unit Mix Featuring Functional Floor-Plans & Versatile Living Spaces

Executive Summary

Rare opportunity to acquire a well-maintained 5-unit multifamily property in the heart of downtown San Anselmo, one of Marin County's most sought-after and supply-constrained rental markets.
The property consists of five residential units and an on-site shared laundry facility with additional storage spaces, offering added tenant convenience and operational stability. The asset has been well maintained with numerous upgrades throughout, presenting a turnkey feel with reduced near-term capital exposure.
Ideally located within walking distance to downtown shops, dining, and transit, the property benefits from strong and consistent tenant demand, low vacancy trends, and long-term rental resilience typical of central Marin.
This is a compelling opportunity for investors seeking a stable income-producing asset with embedded upside, driven by rent repositioning potential and continued appreciation in a high-barrier-to-entry market.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,250,000
Price Per Unit $450,000
Sale Type Investment
Cap Rate 5.16%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.18 AC
Building Size 3,400 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1988/2020
Parking Ratio 2.06/1,000 SF
Zoning MR21, San Anselmo

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Deck
  • Double Pane Windows
  • Family Room
  • Freezer
  • Island Kitchen
  • Office
  • Skylights

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
2+1 1 - -
3+1 1 - -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
007-162-11
Land Assessment
$891,193
Improvements Assessment
$838,194
Total Assessment
$1,729,387
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40663435

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 829 San Anselmo Ave, San Anselmo, CA 94960

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