Duplex and Triplex Income
250 Red Hill Avenue San Anselmo, CA 94960
250 Red Hill Avenue, San Anselmo, CA, 94960
$1,800,000
For Sale
$1,800,000
Other - San Anselmo, CA
Property Size2,755 SF
Lot Size0.24 Acres
Price / SF$653.36
Days on Market40
Property Features for 250 Red Hill Avenue
General Information
- Property type
- Other
- Property subtype
- Multi Family
- Zoning
- None
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 7
- Parking features
- Garage, Off Street
- Standard status
- Active
- APN
- 00616213
- Size
- 2,755 SF
- Lot size
- 0.24 Acres
Building Details
- Year built
- 1924
- Architectural style
- Other
Listing Agency
Engel & Völkers San Francisco Union Street
(415) 689-8592
2200 Union Street, San Francisco, CA
Listed by
Nicolo Giacomini
Added: Jun 12 Updated: Jul 15 at 3:04 am Checked: Jul 21 at 12:06 am
MLS# 326036400
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit income property is set across two separate buildings. The front building is a duplex with two 2BR/1BA units. The rear building is a fully remodeled triplex with a mix of two studio units and one 2BR/1BA unit.
The property includes four garage parking spaces total (two per building) plus three additional off-street parking spaces. The layout is described as efficiently laid out and designed for easy management.
With approximately 2,755 square feet of total building area, the unit configuration provides a blend of studio and two-bedroom formats within one small residential income offering.
The property includes four garage parking spaces total (two per building) plus three additional off-street parking spaces. The layout is described as efficiently laid out and designed for easy management.
With approximately 2,755 square feet of total building area, the unit configuration provides a blend of studio and two-bedroom formats within one small residential income offering.
Key Highlights
- Five units across two buildings offer strong income potential.
- Mix of unit types attracts a wide range of tenants.
- Remodeled triplex combines modern upgrades with classic charm.
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 | $140.5k | $51.00 |
| − Vacancy | −$8.4k | −$3.05 |
| EGI | $132.1k | $47.95 |
| − OpEx | −$39.6k | −$14.39 |
| NOI | $92.5k | $33.57 |
2,755 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,472 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$570.1K
$498.9K – $665.2K
NOI $39,909 @ 7.0% cap · market cap 2.22%
Theoretical Best
Specialty Retail
$13.46M
$11.77M – $15.70M
NOI $941,993 @ 7.0% cap · market cap 52.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Five rental units across two buildings include a duplex in front and a remodeled triplex in back.
Where is this duplex located?
The property is located at 250 Red Hill Avenue San Anselmo, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Five units across two buildings offer strong income potential.; Mix of unit types attracts a wide range of tenants.; Remodeled triplex combines modern upgrades with classic charm.
