138 Tunstead Ave - Apartments FOR SALE


San Anselmo, CA 94960
$3,695,000 USD
415-461-1010
138 Tunstead Ave, San Anselmo, CA for Sale
$3,695,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

138 Tunstead Ave
San Anselmo, CA 94960


OVERVIEW

Available for the first time in over five decades, 138 Tunstead Avenue represents an exceptional opportunity to acquire a premier apartment community in the heart of downtown San Anselmo, one of Marin County's most desirable and tightly held residential markets. Owned by the same family since 1971, the property has been meticulously maintained and thoughtfully improved over generations, reflecting an extraordinary level of pride of ownership. Ideally situated just steps from the vibrant downtown district, the property offers residents immediate access to acclaimed restaurants, neighborhood cafés, boutique shopping, parks, and everyday conveniences, all within one of Marin County's most walkable and charming communities. The property's spacious apartment homes, attractive setting, and exceptional condition create an enduring appeal for tenants while providing investors with a true legacy asset in an irreplaceable location. Investors will appreciate the underlying strength of the San Anselmo market, where limited housing supply, high barriers to new development, and sustained demand continue to support long-term investment performance. With decades of careful stewardship, meaningful capital improvements, and outstanding physical condition, 138 Tunstead Avenue offers an uncommon opportunity to acquire a turnkey apartment community positioned for continued success for generations to come. Nestled in the heart of the Ross Valley, San Anselmo is renowned for its small-town character, tree-lined streets, and exceptional quality of life. The town blends historic charm with a vibrant downtown filled with locally owned restaurants, cafés, boutiques, art galleries, and year-round community events, creating one of the Bay Area's most sought-after residential environments. Surrounded by parks, open space, and the natural beauty of Marin County, yet offering convenient access to Highway 101, San Francisco, and the greater North Bay, San Anselmo continues to attract residents seeking an unmatched balance of community, recreation, and accessibility. Apartment communities in this premier location rarely become available, making 138 Tunstead Avenue a truly exceptional investment opportunity.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$415 USD /SF

# OF UNITS

10

PRICE/UNIT

$369,500

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,650 SF

ZONING

C-2, San Anselmo

APN/PARCEL ID

007-213-76

ASK ABOUT THIS PROPERTY

John MohunKeegan & Coppin Inc.More Info
415-461-1010

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John MohunKeegan & Coppin Inc.More Info
415-461-1010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.