About 40 Canyon Rd
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.
Features of 40 Canyon Rd
| MLS® # | 326036661 |
|---|---|
| Price | $1,315,000 |
| Square Footage | 1,578 |
| Acres | 0.08 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | House(s) |
| Style | Bungalow, Cottage |
| Status | Active |
Community Information
| Address | 40 Canyon Rd |
|---|---|
| Area | San Anselmo |
| City | San Anselmo |
| County | Marin |
| State | CA |
| Zip Code | 94960 |
Amenities
| Features | Fenced Yard, Yard Space |
|---|---|
| Parking Spaces | 3 |
| Parking | Detached, Garage, Off Street |
| Garage Spaces | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Wood |
|---|---|
| Appliances | Dishwasher, Disposal, Free Standing Gas Range, Gas Cook Top, Microwave |
| Heating | Central |
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | Garden, Landscape Back, Landscape Front |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |