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Active · MLS #ML82055141

10040 Highway 9

Ben Lomond, CA 95005

$2,399,000
Message Anton
—Bedrooms
—Bathrooms
4,178Square feet
1950Year built

About this home

Nestled among the towering redwoods of the San Lorenzo Valley, this rare 8-unit multifamily property boasts 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.

Property type
Five Or More Units
Lot size
30,884 sq ft
Status
Active

Listed by Sage Goncharoff, Action Properties Inc. Source: MLSL. MLS #ML82055141.

Updated 10/14/2026, 4:26:28 PM PT.

MLSListings Inc. reserves the right to change details in this publication without notice. Although every precaution has been taken in the preparation of this document, MLSListings assumes no responsibility for errors or omissions. The publication and features described in this document are subject to change without notice.