105 3rd St Sausalito, CA 94965
Sausalito NeighborhoodHighlights
- Fireplace
- Ceiling Fan
- 3-minute walk to South View Park
- Tamalpais High School Rated A
About This Home
As of November 2024Massive Price Reduction! CBRE, as the exclusive listing agent, is pleased to offer for sale 105 3rd St (the Property) comprised of 4 units in Sausalito, California. The Property is located in the heart of the most desired Marin County community with convenient access to transit and walking distance to Bridgeway which has Sausalito's most coveted eateries and shopping. The Property offers an investor the rare opportunity to purchase a 4-unit apartment with a vacant owner's unit at roughly 1,561 SF The investment appeal of the Property is driven by the premier Sausalito location and significant rental upside. Long term ownership has recently moved on from the owners unit allowing flexibility for owner-occupied. Additionally, pride of ownership has done significant amount of refurbishing and updates to the property.
Property Details
Home Type
- Multi-Family
Year Built
- 1955
Lot Details
- 3,615 Sq Ft Lot
Parking
- 1 Car Garage
- On-Street Parking
Home Design
- Quadruplex
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,820 Sq Ft Home
- Ceiling Fan
- Fireplace
Utilities
- Wall Furnace
- Separate Meters
Listing and Financial Details
- Total Actual Rent $153,390
Community Details
Overview
Building Details
- 3 Leased Units
- Insurance Expense $6,800
- Maintenance Expense $2,000
- Utility Expense $3,500
- Trash Expense $500
- Operating Expense $50,800
- Gross Income $150,322
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $2,500,000 | -9.1% | $654 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | Price Changed | $2,750,000 | -11.3% | $720 / Sq Ft |
| 09/04/2024 09/04/24 | For Sale | $3,100,000 | -- | $812 / Sq Ft |
Source: MLSListings
MLS Number: ML81978950
APN: 065-264-06
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