$ 2,399,000
-
$2,399,000
Price -
13
Bed -
4,178
SqFt -
0.71
Acre
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About the Listing ML5097675 - ML5109957
Nestled among the towering redwoods of the San Lorenzo Valley, this 8-unit multifamily property has excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.
Listing Highlights for 10040 Highway 9
Interior Details
- Bedrooms: 13
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate,Tile
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: R-1-15
- Roof: Shingle
- Others:
- Sewer:
- Parking Features: Off Street
Financial Details
- Tax Amount: $14,262
- Taxes w/Assessments: N/A
- Tax/Property ID: 07808312000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
10040 Highway 9 Ben Lomond, CA 95005
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