829 San Anselmo Avenue, San Anselmo, CA 94960, San Anselmo, 94960 - 0 bed, 0 bath
Loading property details...
San Anselmo, CA 94960
This 5-unit Residential Income Asset represents a High-Potential Investment Opportunity, listed at $2,250,000. While the list price is slightly above the $2,133,173 Fair Market Value, the property’s Condition Rating of 3 and turnkey status minimize immediate capital expenditure. Located in a supply-constrained downtown market with proximity to top-rated schools like Ross Elementary, the asset offers long-term stability. With consistent rental demand and potential for rent repositioning, this is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a stable, income-producing property in Marin County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 829 San Anselmo Avenue Subject | $2,250,000* List Price | 0 | 0 | 3,225 | $661 | - |
A 1516 San Anselmo Avenue Avenue Active | $1,950,000 List Price | 0 | 0 | 3,380 | $577 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1906, the property has undergone significant renovations that provide a turnkey feel. Interior images show updated kitchens with white shaker cabinets and modern laminate flooring, likely renovated within the last 5-15 years. The exterior and systems appear well-maintained, making it move-in ready for tenants.
Middle School: Ross Elementary School (9/10).
Situated in the heart of San Anselmo, this property offers exceptional walkability to premium dining, boutique shopping, and transit, ensuring consistent tenant demand in a high-barrier-to-entry market.
The asset is well-maintained with numerous upgrades and a turnkey feel, significantly reducing the need for immediate capital expenditures and providing operational stability for a new owner.
Built in 1906, the property may possess underlying vintage infrastructure or seismic considerations that require more specialized long-term maintenance compared to modern constructions.
At a list price of $2.25M, the entry-level capitalization rate may be tight, necessitating active management and rent adjustments to achieve optimal cash-on-cash returns.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-8 • 1.1 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 3,225 | 2,593.5 | 50% |
| Lot Size | 7,971 | 7,612 | 50% |
| Price | $2.25M | $1.45M | 50% |
| Price per sq ft | $698 | $514 | 50% |
| Built year | 1906 | 1907 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 106 | 50% |
May 26, 2026
$2,250,000
Initial Listing
Oct 24, 2012
$650,000
Public Record
Sep 26, 2008
$1,503,000
Public Record
Sep 5, 1997
$52,727
Public Record
Dec 18, 1996
$263,836
Public Record