54 Magnolia Ave
- Well-maintained property in one of Marin's most sought after neighborhoods, San Anselmo
- Centrally-located building allows easy access to schools, parks, hiking trails and shopping
- Five (5) unit apartment community with a favorable mix of unit styles to attract different tenant types
- History of strong Air BnB rentals
Property Description
54 Magnolia Ave presents a rare opportunity to acquire a well-maintained five-unit apartment community in San Anselmo. Encompassing 5,324 SF across a two-story building, the property offers a favorable mix of unit styles designed to appeal to a range of tenant profiles and support consistent occupancy. Originally built in 1907 and renovated in 2015, the asset combines enduring character with thoughtful updates. Currently 100% occupied, the property benefits from established tenancy and a history of strong AirBnB rentals, making it an appealing investment property.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,000,000 |
| No. of Units: | 5 |
| Year Built: | 1907 |
| Lot Size: | 0.15 Acres |
| Opportunity Zone: | No |
| Price per unit: | $400,000 |
| Property Website | Click Here |
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