40 Canyon RD San Anselmo, CA 94960 Active
UPDATED: 05/28/2026 04:34 PM ON MARKET: 34 days on market
$1,300,000
200 Beds2 Baths1,578 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,578 sqft
Price per Sqft $823
MLS Listing ID 326036661
Bedrooms 200
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1910
Lot Size 3,480 Sqft
Property Sub-Type Triplex
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.
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