$1,399,000
UNDER CONTRACT OPEN SAT 11AM - 2PM

5 Elm Ave Kentfield, CA 94904

Estimated payment $8,817/month

Total Views 7,096
4 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • View of Hills
  • Contemporary Architecture
  • 3 Car Attached Garage
  • Anthony G. Bacich Elementary School Rated A
  • Private Yard
  • Formal Entry

About This Home

A rare chance to own a well-maintained triplex in the heart of Kentfield. This charming building has been in the same family for over 75 years. Featuring an upper unit with two bedrooms and one bathroom, complete with an attached balcony offering scenic views. The other two units are one-bedroom, one-bathroom layouts, ideally situated in one of Marin's most desirable and supply-constrained neighborhoods. two of the three units are currently vacant. Two units have been recently updated with new countertops, modern light fixtures, luxury vinyl plank (LVP) flooring, fresh paint, and in the occupied unit-newer carpet and kitchen flooring. Sewer is in compliance. Each unit offers a spacious layout, private garage parking, individual washer and dryer units, three separate gas/electric meters, and additional off street parking. Set in a peaceful, lush environment near the College of Marin and just off Sir Francis Drake Boulevard, residents enjoy proximity to Woodlands Market, Bon Air Center, restaurants, Phoenix Lake, and top-rated schools. With a strong rental market and excellent commuter access via Marin and Golden Gate Transit, HWY 101 and ferry, this is a rare opportunity to own a turnkey multifamily property in one of Marin's most sought-after communities.

Listing Agent

Laura Odisio

Compass License #01249475 Listed on: 05/15/2025

Compass

Open House Schedule

  • Saturday, October 18, 2025
    11:00 am to 2:00 pm
    10/18/2025 11:00:00 AM +00:00
    10/18/2025 2:00:00 PM +00:00

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 4,400 Sq Ft Lot
  • Private Yard

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Off-Street Parking

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Triplex
  • Contemporary Architecture
  • Concrete Foundation
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property
  • Ceiling Fan
  • Formal Entry

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Central Heating
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater
  • Internet Available

Community Details

  • 3 Units
  • Gross Income $102,000

Listing and Financial Details

  • Assessor Parcel Number 071-132-27

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Interior Amenities: Formal Entry
  • Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Directions To Property: Sir Francis Drake Blvd to Elm.
  • Lot Size Acres: 0.1010
  • CapRate: 4.08
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary
  • Reso Window Features: Dual Pane Partial
  • Special Features: 129

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater
  • Flooring: Carpet, Laminate, Tile, Varies By Unit
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete
  • Lot Features: None
  • Property Condition: Updated/Remodeled
  • Roof: Tar/Gravel
  • ExteriorFeatures: Yard Space
  • Patio And Porch Features: Balcony/Deck, Varies By Unit
  • View: Garden/Greenbelt, Hills

Garage/Parking

  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 6.00
  • Garage Spaces: 3.00
  • OpenParkingSpaces: 3.00

Utilities

  • Cooling: Ceiling Fan(s), Varies By Unit
  • Sewer: Public Sewer
  • Utilities: Internet Available
  • Water Source: Water District
  • Heating: Central
  • Laundry Features: Varies By Unit, Other
  • Separate Meters: Electricity, Gas, Water

Schools

  • Middle/Junior School District: Kentfield

Lot Info

  • Assessor Parcel Number: 071-132-27
  • Lot Size Sq Ft: 4400.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1955

Multi Family

  • 1 Bedroom Rent Range: 2400 to 2600
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 2
  • NumberOfUnitsTotal: 3

MLS Schools

  • Senior High School District: Tamalpais Union
  • School District (County): Marin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Price Changed $1,399,000 -12.3% --
08/26/2025 08/26/25 Price Changed $1,595,000 -2.4% --
05/15/2025 05/15/25 For Sale $1,635,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325044392

Bay Area Real Estate Information Services (BAREIS)

APN: 071-132-27