About This Home
This 8-bedroom, 1-bathroom single family at 10040 Highway 9 in Ben Lomond, CA is listed for $2,399,000 ($574 per sqft). Built in 1950, the home offers 4,178 sqft of living space on a 0.71 acres lot.
Key Features
- Built in 1950
- 0.71 acre lot
- 10 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$12,830/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
10040 Highway 9
Ben Lomond, CA 95005
Property Details
Flooring
Construction
Views
Parking
Heating
Questions & Answers
This 8-bedroom, 1-bathroom single family at 10040 Highway 9 is listed at $2,399,000 ($574/sqft). The estimated monthly payment is $12,831 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.71 acre lot, 10 parking spaces.
This property is listed by Sage Goncharoff and can be reached at 8314407876.