1203 San Anselmo Ave, San Anselmo, CA 94960
Triplex with three 1-bedroom units, shared laundry, and dedicated carport parking for each unit.
- Added:
- Jun 1, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 6 at 2:32 am
Property Features for 1203 San Anselmo Ave
General Information
- Standard status
- Active
- Size
- 2,486 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1978
Listing agent The Marks Realty Group License #01447489 (415) 307-0505
Listing office (415) 307-0505
Listing date Jun 1, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Marks Realty Group
HighLights
- Triplex built in 1978 with three 1‑bedroom, 1‑bath residences totaling approx. 2,486 SF
- Unit 1203 #1 delivered vacant (1BD/1BA) for owner‑occupancy or immediate rental use
- Unit 1203 #2 includes two separate decks (tenant occupied)
- Unit 1201 features an enclosed front brick patio (tenant occupied)
- Shared laundry on‑site, plus dedicated carport parking for each unit
Overview
The property provides shared laundry facilities and dedicated carport parking for each unit. It is situated in San Anselmo with convenient proximity to downtown shops, restaurants, cafes, and everyday services, as well as access to nearby outdoor recreation.
This configuration can appeal to buyers seeking a smaller residential income property with a clear unit mix and straightforward day-to-day amenities. The presence of one vacant unit may also support an owner-occupant or repositioning approach, while the two tenant-occupied units provide continued rental operations. Separately, the dedicated parking arrangement supports tenant convenience across the three residences.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.8k | $51.00 |
| − Vacancy | −$7.6k | −$3.05 |
| EGI | $119.2k | $47.95 |
| − OpEx | −$35.8k | −$14.39 |
| NOI | $83.4k | $33.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Anselmo
- County
- Marin
- State
- California
- Longitude
- -122.572272
- Latitude
- 37.979377
