$5,400,000
$175K PRICE DROP

Estimated payment $35,540/month

Total Views 65,162
3 Beds
10 Baths
5,492 Sq Ft
$983 Price per Sq Ft

Highlights

  • Bay View
  • Wood Flooring
  • 2-minute walk to Yee Tock Chee Park
  • Tamalpais High School Rated A
  • Wood Siding

About This Home

Iconic 8 unit Historical mixed use building across the water's edge is a wonderful addition to any investors portfolio. Nestled among the mainstream of popular restaurants and shops along the waterfront in Sausalito. Fresh new exterior paint, newer roof, some units have recently been renovated with new flooring, new baths, new kitchens and new appliances. Located in a high traffic area with strong year round tourist presence. The mixed use 30% Retail and 70% Retail & Residential is a great investment mixture for any investor. Just minutes across the Golden Gate Bridge from San Francisco, Sausalito is both a world-renowned tourist destination and incredible place to call home.

Listing Agent

Denise Kilker

Navigate Real Estate License #01939014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Parking

  • On-Street Parking

Property Views

  • Bay
  • Panoramic
  • Bridge
  • City

Home Design

  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 5,492 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 8 Units
  • Gross Income $202,392

Listing and Financial Details

  • Assessor Parcel Number 065-171-03

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: Bridgeway to property
  • CapRate: 2.40
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • Number Commercial Units: 2
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Square Footage: 5492.00
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Shingle Siding, Wood Siding
  • Foundation: Other
  • Lot Features: None
  • Roof: Composition
  • View: Bay, Bridges, City, Panoramic, Water

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 065-171-03

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1897

Multi Family

  • 1 Bedroom Rent Range: $2150-$3379
  • Number of 1 Bedroom Units: 3
  • Number of Studio Units: 3
  • NumberOfUnitsTotal: 8

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
03/04/2025 03/04/25 Price Changed $5,400,000 +9.6% $983 / Sq Ft
10/19/2024 10/19/24 Price Changed $4,925,000 -6.2% $897 / Sq Ft
04/10/2024 04/10/24 Price Changed $5,250,000 -5.8% $956 / Sq Ft
01/06/2024 01/06/24 For Sale $5,575,000 0.0% $1,015 / Sq Ft
12/31/2023 12/31/23 Off Market $5,575,000 -- --
07/10/2023 07/10/23 For Sale $5,575,000 0.0% $1,015 / Sq Ft
06/30/2023 06/30/23 Off Market $5,575,000 -- --
05/19/2023 05/19/23 For Sale $5,575,000 +59.3% $1,015 / Sq Ft
06/21/2018 06/21/18 Sold $3,500,000 0.0% $637 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $3,500,000 -- $637 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323033373

Bay Area Real Estate Information Services (BAREIS)

APN: 065-171-03