250 Red Hill Ave - Apartments FOR SALE


San Anselmo, CA 94960
$1,800,000 USD
415-259-9753
250 Red Hill Ave, San Anselmo, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/68
null | 5.36% Cap Rate

250 Red Hill Ave
San Anselmo, CA 94960


HIGHLIGHTS

  • The property consists of a front duplex and a rear triplex.
  • The rear Triplex has been fully renovated, reducing near-term capital expenditure needs and increasing tenant appeal.
  • Comprised of (2) studios and (3) 2BR/1BA units, catering to a wide range of renters in a high-demand market.

OVERVIEW

Tucked into a peaceful residential setting in San Anselmo, 250 Red Hill Avenue presents a rare multi-unit investment opportunity in one of Marin County’s most desirable rental markets. The property consists of five units across two separate buildings, thoughtfully designed to maximize both privacy and income potential. At the front of the parcel sits a well-positioned duplex, while the rear features a fully remodeled triplex—offering a compelling blend of classic charm and modern upgrades. The property also includes four garage parking spaces (two per building), along with three additional off-street parking spaces. The triplex unit mix includes (2) studio and (1) 2Br/1BA units, while the front duplex consists of (2) 2BR/1BA units. This diverse configuration appeals to a broad tenant base, ranging from single professionals to small families. With approximately ±2,755 square feet of total building area, the property is efficiently laid out and easy to manage. From an investment standpoint, the asset delivers solid in-place performance, featuring a 5.36% cap rate and a 12.15 GRM—providing immediate cash flow in a high-demand, supply-constrained market. The remodeled triplex enhances tenant retention and supports future rent growth, while the duplex offers additional value-add potential. Please email the the Listing Agent for the Offering Memo: Nicolo@pacwestcre.com

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$621 USD /SF

# OF UNITS

5

PRICE/UNIT

$360,000

CAP RATE

5.36%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R3, San Anselmo

APN/PARCEL ID

006-162-13

ASK ABOUT THIS PROPERTY

Nicolo GiacominiEngel & VolkersMore Info
415-259-9753

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Nicolo GiacominiEngel & VolkersMore Info
415-259-9753

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