15 San Rafael Avenue, San Anselmo, CA 94960, San Anselmo, 94960 - 0 bed, 0 bath
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San Anselmo, CA 94960
Analysis of 15 San Rafael Avenue, San Anselmo, CA 94960 is currently available with a list price of $4,000,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Anselmo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1957, the property is described as turnkey with updated kitchens and baths. Visuals show well-maintained hardwood floors and professional landscaping. It meets the 'Good' criteria as a functional, move-in ready investment with renovations likely in the 5-15 year range.
Middle School: Ross Elementary School (9/10).
Situated in the heart of San Anselmo, this property offers exceptional walkability to premium shops and restaurants, ensuring consistently high tenant demand and low vacancy rates.
The building features eight updated one-bedroom units plus a legal ADU with modern kitchens, baths, and hardwood floors, significantly reducing the need for immediate capital expenditures.
With a $4 million list price, the high price-per-unit may result in a lower initial capitalization rate, potentially limiting immediate cash-on-cash returns for investors.
Built in 1957, the property may require more intensive long-term maintenance of aging systems, such as plumbing and electrical, compared to newer construction.
Beautiful turnkey 8 units + legal ADU in downtown San Anselmo on large lot with lush landscaping and off-street parking! Easy to manage and maintain one-bedroom units with hardwood floors, updated kitchens and baths, gas fired stoves in each unit. ADU is a studio unit. Tenants love it here and enjoy on site laundry, storage units, view of the hills and easy walk to downtown restaurants and shops. Very rare offering in excellent condition in a high demand rental location in central Marin County. Must see!!!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-8 • 1.1 mi
Grades 6-8 • 2.9 mi
No sensitive facilities data found.
Jul 14, 2026
$4,000,000
Initial Listing
Nov 5, 2015
$2,600,000
Public Record
Jun 24, 1998
$800,000
Public Record