1340 Sir Francis Drake Blvd - Apartments FOR SALE


San Anselmo, CA 94960
$1,750,000 USD
415-877-1077
1340 Sir Francis Drake Blvd, San Anselmo, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/12
null | 5.07% Cap Rate

1340 Sir Francis Drake Blvd
San Anselmo, CA 94960


HIGHLIGHTS

  • Seller Finanacing

OVERVIEW

Major price reduction and seller will finance at 5% interest only, 3-5 years. This well-located four-plex is just across the street from Archie Williams High School. Ideal for tenants with children that attend or will be attending this school. Also convenient to the shops and restaurants of downtown San Anselmo or Fairfax. Three 2BR units in front and a large 2BR cottage with private tranquil yard in the back. The cottage was remodeled from the original 1909 construction; the triplex was added around 1960. Covered parking, on-site laundry, and extra storage. Each unit in the front triplex has a large private deck or patio. Nestled on the property is a charming triplex with covered parking and a delightful cottage tucked away in the rear garden oasis. Each unit within the triplex offers a spacious layout, boasting two bedrooms and one bath, with generous dimensions of approximately 900 square feet. Each features a large private deck or patio. The cottage is also 2BR/1BA and a little larger at 950sf. This unit features a private fenced -n yard. All units are separately metered for PG&E. The seller pays for water. The triplex has all individual forced air heating, and all units have individual water heaters. There are four covered parking spaces and several additional off-street spaces. Convenience is essential with on-site parking and laundry room, providing residents with added ease and efficiency in their day-to-day routines.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$488 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,500

CAP RATE

5.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1340 Sir Francis Drake

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,280 SF

ZONING

-

APN/PARCEL ID

005-224-06

ASK ABOUT THIS PROPERTY

Michael BurkeGolden Gate Sotheby's International RealtyMore Info
415-877-1077

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Michael BurkeGolden Gate Sotheby's International RealtyMore Info
415-877-1077

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.