40 Canyon Rd, San Anselmo, CA 94960

$1,315,000
1,578
SqFt

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List Price
$1,315,000
Price Change
▲ $15,000 1782860804
MLS#
326036661
Sqft. of Residence
1,578
Lot Size
3,480
Listing Area
San Anselmo

Property Description

Optimized 1031 Exchange or Investment Opportunity: 3 High-Demand Units in San Anselmo Delivering an immediate monthly rent potential of $8,075+, this turn-key, multi-unit asset is perfectly positioned for investors on a strict purchase timeline. Located in a high-barrier-to-entry San Anselmo market with top-tier schools and premium transit access, vacancy risk here is exceptionally low. The main residence is a light-filled 2BR/1BA cottage featuring wood floors, pitched ceilings, private outdoor spaces, a one-car garage, and a large basement with shared laundry and extensive storage. Complementing the cottage are two detached, high-yield studio units, each with independent parking and private outdoor living areas. Both studios are currently occupied by reliable, quiet tenants, ensuring immediate cash flow from day one. Beyond a pure income play, the property's flexible footprint offers a future exit strategy as a family compound, or a primary residence with significant income offsets. The beautifully landscaped parcel features mature trees, private patios, gardens or a dedicated tenant deck. Strategically situated between downtown San Anselmo and Fairfax, this high Walk Score location offers car-independent convenience to dining, groceries, and cafes. This is a rare, low-maintenance asset offering immediate stability for a time-sensitive 1031 exchange.

Additional Information

Acres
0.08
Exterior Features
Private Yard, Private Yard
Foundation
Concrete Perimeter
Levels
One
Living Area
1,578
Lot Size
3,480
Neighborhood
San Anselmo
Roof
Composition
Sewer
Public Sewer
Style
Bungalow, Cottage

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Calculator source: Real Geeks

Listing courtesy of Deborah A Solvason from Compass.