El Paseo | 1355 Sir Francis Drake Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
El Paseo 1355 Sir Francis Drake Blvd
28 Unit Apartment Building $12,000,000 ($428,571/Unit) San Anselmo, CA 94960
Investment Highlights
- Prime San Anselmo Location
- Walking Distance to Multiple Shopping Centers
- Very Attractive Garden Style Units.
- Walking Distance to 2 Downtown Areas
- Walking Distance to Top Rated Schools
- Very Spacious Units.
Executive Summary
A rare opportunity to own 28 units in an A+ San Anselmo location. Just five blocks from The Fairfax Plaza shopping
Center with the beloved Good Earth Market, Fairfax Brewing Company, Fitlab, coffee, and shops PLUS just two more blocks to downtown Fairfax. Also just 6 blocks to Redhill shopping center with restaurants, shops, Pete’s coffee, CVS, Safeway, and more. A 5 minute drive to Downtown San Anselmo. Practically engulfed by hiking and biking trails and just moments away from numerous top rated public schools, it is easy to understand and make the most out of the proven appeal to tenants.
Composed of a variety of unit styles including multiple townhouse style units, spacious apartment style units, duplex style units, and more. Most units include their own washer and dryer and excellent floor plans.
Set on over an Acre of land, with 54,000 SqFt lot, the property includes 2 separate parcels and 8 separate buildings, a seven plex, 2 five-plexes, 2 three-plexes, 2 duplexes, a stand alone unit. Perfect for investors who want to realize the up-side of under market rents. One of the lowest prices per door in Marin County and some of the largest units in the rental market, the next owner will have an easy path towards realizing the excellent cashflow ahead.
Center with the beloved Good Earth Market, Fairfax Brewing Company, Fitlab, coffee, and shops PLUS just two more blocks to downtown Fairfax. Also just 6 blocks to Redhill shopping center with restaurants, shops, Pete’s coffee, CVS, Safeway, and more. A 5 minute drive to Downtown San Anselmo. Practically engulfed by hiking and biking trails and just moments away from numerous top rated public schools, it is easy to understand and make the most out of the proven appeal to tenants.
Composed of a variety of unit styles including multiple townhouse style units, spacious apartment style units, duplex style units, and more. Most units include their own washer and dryer and excellent floor plans.
Set on over an Acre of land, with 54,000 SqFt lot, the property includes 2 separate parcels and 8 separate buildings, a seven plex, 2 five-plexes, 2 three-plexes, 2 duplexes, a stand alone unit. Perfect for investors who want to realize the up-side of under market rents. One of the lowest prices per door in Marin County and some of the largest units in the rental market, the next owner will have an easy path towards realizing the excellent cashflow ahead.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $12,000,000 | Building Class | C |
| Price Per Unit | $428,571 | Lot Size | 1.25 AC |
| Sale Type | Investment | Building Size | 25,833 SF |
| No. Units | 28 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1939 |
| Apartment Style | Garden |
| Price | $12,000,000 |
| Price Per Unit | $428,571 |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 25,833 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1939 |
Unit Amenities
- Fireplace
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | - | - |
1 of 1
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $7,851,564 (2023) | |
| Land Assessment | $3,605,476 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4,246,088 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,605,476 (2023)
Improvements Assessment
$4,246,088 (2023)
Total Assessment
$7,851,564 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | R-3 (Apartments) |
| R-3 (Apartments) |
-
Nick Svenson -
Compass
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
El Paseo | 1355 Sir Francis Drake Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.