40 Canyon Rd, San Anselmo, CA 94960

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$1,300,000

bedrooms

bathrooms

square feet

1,578

Acreage

Open Houses

year built

1910

Full Baths

Half Baths

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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.

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MLS number: -

Listing agent: Deborah Solvason

Listing broker: Compass

Last update: Thursday, May 28 2026 at 1:23 p.m. EDT

Compass Broker