40 Canyon Rd, San Anselmo, CA 94960

Sqft
1,578
Garage
Yes

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Listed byCompass
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
1,578
Lot size (acres)
0.08
Year built
1910

Interior features

Basement
Yes, Partially finished
Laundry
Common Area

Garage and parking

Garage parking spaces
1

Utilities

Heating
Central
Cooling
None
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Bay Area Real Estate Information Services MLS®#: 326036661 Last checked:

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