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1562 Sir Francis Drake Blvd 5 Unit Apartment Building Offered at $2,809,459 CAD at a 4.62% Cap Rate San Anselmo, CA 94960



Investment Highlights
- Premium Marin County Location
- Newer Roof, Exterior Paint and Sewer Lateral
- Large Units, Tenant Storage, Covered Parking
- Dual-Pane Windows & Sliders
Executive Summary
**Marketing package and disclosure link available upon request**
Exceptional opportunity to acquire a well-maintained five-unit multifamily property in one of Marin County’s most desirable rental markets in San Anselmo, CA. The property consists of two spacious 2-bedroom, 1-bath units and three large 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base.
Residents enjoy numerous amenities, including covered parking, individual tenant storage, on-site laundry facilities, and a private landscaped outdoor area that enhances the property’s livability and tenant appeal. Each unit features its own front deck, while the large 2-bedroom units are further distinguished by inviting fireplaces.
Ideally situated between downtown San Anselmo and downtown Fairfax, the property benefits from convenient access to an array of restaurants, cafés, retail amenities, parks, and transportation options. The property’s location offers residents convenient access to San Francisco via Highway 101 and the Golden Gate Bridge, making it an attractive option for commuters seeking a more suburban lifestyle without sacrificing connectivity to major employment centers.
Surrounded by award-winning schools, extensive open space preserves, hiking and biking trails, and the vibrant community amenities that define central Marin, the property is well-positioned to benefit from the area’s long-term economic strength and limited multifamily inventory. Marin County remains one of the Bay Area’s most affluent and supply-constrained residential markets, characterized by strong household incomes, exceptional quality of life, and enduring demand for rental housing.
Exceptional opportunity to acquire a well-maintained five-unit multifamily property in one of Marin County’s most desirable rental markets in San Anselmo, CA. The property consists of two spacious 2-bedroom, 1-bath units and three large 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base.
Residents enjoy numerous amenities, including covered parking, individual tenant storage, on-site laundry facilities, and a private landscaped outdoor area that enhances the property’s livability and tenant appeal. Each unit features its own front deck, while the large 2-bedroom units are further distinguished by inviting fireplaces.
Ideally situated between downtown San Anselmo and downtown Fairfax, the property benefits from convenient access to an array of restaurants, cafés, retail amenities, parks, and transportation options. The property’s location offers residents convenient access to San Francisco via Highway 101 and the Golden Gate Bridge, making it an attractive option for commuters seeking a more suburban lifestyle without sacrificing connectivity to major employment centers.
Surrounded by award-winning schools, extensive open space preserves, hiking and biking trails, and the vibrant community amenities that define central Marin, the property is well-positioned to benefit from the area’s long-term economic strength and limited multifamily inventory. Marin County remains one of the Bay Area’s most affluent and supply-constrained residential markets, characterized by strong household incomes, exceptional quality of life, and enduring demand for rental housing.
Property Facts
| Price | $2,809,459 CAD | Property Type | Multifamily |
| Price Per Unit | $561,892 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,220 SF |
| Cap Rate | 4.62% | No. Stories | 3 |
| Gross Rent Multiplier | 13.56 | Year Built | 1963 |
| No. Units | 5 | Parking Ratio | 1.9/1,000 SF |
| Zoning | R3 | ||
| Price | $2,809,459 CAD |
| Price Per Unit | $561,892 CAD |
| Sale Type | Investment |
| Cap Rate | 4.62% |
| Gross Rent Multiplier | 13.56 |
| No. Units | 5 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 4,220 SF |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | R3 |
Amenities
Site Amenities
- Laundry Facilities
- Picnic Area
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 1,060 |
| 1+1 | 3 | - | 700 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 005-129-05 | Improvements Assessment | $1,001,685 CAD |
| Land Assessment | $358,721 CAD | Total Assessment | $1,360,406 CAD |
Property Taxes
Parcel Number
005-129-05
Land Assessment
$358,721 CAD
Improvements Assessment
$1,001,685 CAD
Total Assessment
$1,360,406 CAD
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1562 Sir Francis Drake Blvd
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