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.
Active
Est. $1,300,000
40 Canyon Road, San Anselmo, CA 94960
2beds
--sqft
Triplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
One-car garageLight-filled and charming cottagePitched ceilingAreas for gardeningBright and welcomingMultiple outdoor areasOne parking spot
- 42 days |
- 1,401 |
- 83 |
Zillow last checked:
Listing updated:
Listed by:
Deborah A Solvason DRE #01104774 415-519-3555,
Compass 415-805-2900
Source: BAREIS,MLS#: 326036661
Originating MLS: Marin County
Originating MLS: Marin CountyLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Gas Cooktop, Microwave, Washer/Dryer
- Laundry: Common Area
Features
- Unit 1 - Beds: 0, Baths: 0, Square Footage: 1578 | Unit 2 - Beds: 2, Baths: 1, Square Footage: 1578 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 1578 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 1578 | Interior Features: Formal Entry
- Flooring: Wood
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage, Off Street
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Patio & porch: Balcony/Deck, Patio
- Exterior features: Yard Space
- Fencing: Fenced
Lot
- Size: 3,480 Square Feet
- Features: Garden, Landscape Back, Landscape Front
Details
- Parcel number: 00706210
- Special conditions: In Foreclosure
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Cottage
- Property subtype: Triplex
Materials
- Wood
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1910
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: San Anselmo
Financial & listing details
- Tax assessed value: $1,463,431
- Annual tax amount: $23,001
- Date on market: 4/28/2026
- Tenant pays: Cable TV, Electricity, Gas
- Electric utility on property: Yes
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/26/2022 | Listed for rent | $1,975+5.3% |
Source: Zillow Rental Manager Report a problem | ||
| 9/15/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/7/2021 | Price change | $1,875-5.1% |
Source: Zillow Rental Manager Report a problem | ||
| 8/12/2021 | Listed for rent | $1,975 |
Source: Zillow Rental Manager Report a problem | ||
| 5/14/2021 | Sold | $1,352,000+0.1% |
Source:  BAREIS #321008449 Report a problem | ||
| 3/29/2021 | Pending sale | $1,350,000 |
Source: BAREIS #321008449 Report a problem | ||
| 2/25/2021 | Listed for sale | $1,350,000+20% |
Source: BAREIS #321007675 Report a problem | ||
| 5/29/2018 | Sold | $1,125,000+32.4% |
Source: Public Record Report a problem | ||
| 8/25/2015 | Sold | $850,000-10.4% |
Source: Public Record Report a problem | ||
| 6/25/2015 | Listed for sale | $949,000+211.1% |
Source: Amy Diller Bradley Real Estate-Novato #21515512 Report a problem | ||
| 8/7/1997 | Sold | $305,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,001 +3.4% | $1,463,431 +2% |
| 2024 | $22,236 +1% | $1,434,742 +2% |
| 2023 | $22,023 +1.4% | $1,406,620 +2% |
| 2022 | $21,715 +2.6% | $1,379,040 +16.6% |
| 2021 | $21,169 +12.2% | $1,182,565 +1% |
| 2020 | $18,868 +3.1% | $1,170,450 +2% |
| 2019 | $18,295 +22.8% | $1,147,500 +29.8% |
| 2018 | $14,894 +2.6% | $884,340 +2% |
| 2017 | $14,520 +5% | $867,000 +2% |
| 2016 | $13,833 +61.2% | $850,000 +103.8% |
| 2015 | $8,583 +5.1% | $417,157 +2% |
| 2014 | $8,164 | $408,987 +0.5% |
| 2013 | -- | $407,140 +2% |
| 2012 | -- | $399,158 +2% |
| 2011 | -- | $391,333 +0.8% |
| 2010 | -- | $388,410 -0.2% |
| 2009 | -- | $389,333 +2% |
| 2008 | -- | $381,700 +2% |
| 2007 | -- | $374,218 +2% |
| 2006 | -- | $366,882 +2% |
| 2005 | -- | $359,689 +2% |
| 2004 | -- | $352,637 +1.9% |
| 2003 | -- | $346,174 +2% |
| 2002 | -- | $339,388 +2% |
| 2001 | -- | $332,735 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 94960
Nearby schools
GreatSchools rating
- 10/10Wade Thomas Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10White Hill Middle SchoolGrades: 6-8Distance: 2.3 mi
- 10/10Archie Williams High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Ross Valley
Source: BAREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Marin County
- San Anselmo
- 94960
- 40 Canyon Road
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other San Anselmo Topics
