- Parcel Number: 007-211-09
- Property Type: Multifamily Residential 5+ Units
- Offer Status: For Sale
- City: San Anselmo
- Units: 8 + ADU
- Stories: 2
- Cap Rate: 4.89
- GRM: 14.13
- Building Size: 4,806 ft²
- Lot Size: 8,750 ft²
- Year Built: 1957
- Parking: Off-Street & On-Street
- HVAC: Wall Heaters
- Wiring: Circuit Breakers
- Laundry: Common Room
- Utilities (Tenants): Cable , Internet , PG&E
- Utilities (Owner): Sewer , Trash , Water
- Foundation: Concrete Perimeter
- Exterior: Cinder Block
- Framing: Cinder Block
- Buildings: 1
- Roof: Composition Shingle
Investment Overview
Charming Downtown San Anselmo Apartment Property
8 One Bedrooms Units + ADU
The offering is a two-story wood frame building, built with decks off each apartment. There are 8 one-bedroom units and one ADU which is attached at the rear of the property. The upper units have vaulted ceilings with skylights. Residents have use of an onsite laundry room and common area outdoor patio surrounded by mature redwood trees and lush landscaping. There is off street parking located at the front of the building.
The current owner has refurbished the apartments with modern kitchens and baths, new cabinetry and upgraded appliances. The handsome oak hardwood floors have been refinished, and all units have new interior paint. Each unit has a wood stove installed in living rooms, making the apartments a cozy retreat when the weather turns cold.
Structural improvements include a new sewer lateral, new composite roof, refreshed landscaping, new skylights in upper units and improvements to the common area that includes a garden.
Property Photos (click to enlarge)
Site Survey
Site Survey & Parcel Map
Location Description
Aerial View
Area Map
Investment Summary
Sales Comparables
