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For sale
  • $2,399,000

    10040 Highway 9, Ben Lomond, CA 95005

    13beds
    9baths
    4,178sqft
    : 
    $15,896/mo
    Get pre-qualified
    Residential Income
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $574/sqft
    $-- HOA

    What's special

    Nestled among the towering redwoods of the San Lorenzo Valley, this 8-unit multifamily property has excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.
    2 days
    81
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Sage Goncharoff 02023630 831-440-7876,

    Action Properties Inc 650-967-8700

    Source: MLSListings Inc,MLS#: ML82064484MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 9
      Heating
      • Central Forced Air Gas, Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Washer/Dryer Some Units
      Features
      • Flooring: Laminate, Tile, Vinyl Linoleum
      • Doors: None
      Interior area
      • Total structure area: 4,178
      • Total interior livable area: 4,178 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Off Street
      • Has carport: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Stories: 1
      • Has view: Yes
      • View description: Forest/Woods
      Lot
      • Size: 0.71 Acres
      • Features: Mostly Level
      Details
      • Parcel number: 07808312000
      • Zoning: R-1-15
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cabin,Cottage,Rustic
      • Property subtype: Residential Income
      Materials
      • Foundation: Concrete Perimeter, Pillar/Post/Pier
      • Roof: Shingle
      Condition
      • Year built: 1950

      Utilities & green energy

      • Gas: IndividualGasMeters, PublicUtilities
      • Water: Public
      • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

      Community & HOA

      Location
      • Region: Ben Lomond

      Financial & listing details

      • Price per square foot: $574/sqft
      • Annual tax amount: $14,262
      • Date on market: 10/13/2026
      • Listing agreement: ExclusiveRightToSell
      • Listing terms: CashorConventionalLoan
      • Inclusions: OvenRangeAllUnits
      • Lease term: Month To Month

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/13/2026Listed for sale$2,399,000$574/sqft
        Source: MLSListings Inc #ML82064484 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 95005

        Getting around

        17 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: SanLorenzoValleyElementary
        • Middle: SanLorenzoMiddle
        • High: SanLorenzoValleyHighSchool
        • District: SanLorenzoValleyUnified

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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