10040 Highway 9
Property Overview
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.
Home Details
- Property type
- Residential Income - Mixed Use
- Year built
- 1950
- Living area
- 4,178 sq ft
- Lot size
- 30,884 sq ft
- Parking
- 10 spaces
- Stories
- 1
- Days on market
- 0
- MLS status
- Active
- Architectural style
- Cottage
- Zoning
- R-1-15
Features & Amenities
Parking
- Off Street
Community, Schools & Utilities
Community
- View
- TreesWoods
- Annual property tax
- $14,262
Schools
- School district
- Other
- Elementary school
- Other
- Middle school
- Other
- High school
- Other
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Water
- Public
Location & Neighborhood
Frequently Asked Questions About 10040 Highway 9
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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