829 San Anselmo Ave - Apartments FOR SALE


San Anselmo, CA 94960
$2,250,000 USD
760-272-5451
829 San Anselmo Ave, San Anselmo, CA for Sale
$2,250,000 USD
Apartments - FOR SALE
1/27
null | 5.16% Cap Rate

829 San Anselmo Ave
San Anselmo, CA 94960


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$662 USD /SF

# OF UNITS

5

PRICE/UNIT

$450,000

CAP RATE

5.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Multifamily - Downtown San Anselmo

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,806 SF

ZONING

MR21, San Anselmo

APN/PARCEL ID

007-162-11

ASK ABOUT THIS PROPERTY

Dimitri RigopoulosVanguard PropertiesMore Info
760-272-5451

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Dimitri RigopoulosVanguard PropertiesMore Info
760-272-5451

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