Sausalito CA Real Estate & Homes for Sale

2 Properties Found

The median home value in Sausalito, CA is $1,566,500. This is higher than the county median home value of $1,321,500. The national median home value is $308,980. The average price of homes sold in Sausalito, CA is $1,566,500. Approximately 47% of Sausalito homes are owned, compared to 44% rented, while 9% are vacant. Sausalito real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Sausalito real estate agent to arrange a tour today!
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Beds:
5
Baths:
4.00
Sq.Ft.:
2,516
Status:
Active
MLS#:
ML81936026
Type:
Single Family
Lot size:
0.11 Acres
Year built:
1913
Listing Agent: Ismael Benhamida CalDRE: 01722847 - Compass Ismael Benhamida CalDRE: 01722847
View additional info

Rarely available fourplex (1 of only 51) in highly prestigious & charming Sausalito. Walking distance to boutiques, restaurants, Golden Gate Bridge, world class hiking trails, & marina & yacht harbor. Lowest $/SqFt in core Sausalito. Scheduled 4.52% Cap Rate & 14.96 GRM. One 2-bed/1-bath w/ bay views and 3 vacant 1-bed/1-bath units. Floor to ceiling windows & hardwood floors. The large 5,000 SqFt lot is 200 ft deep! The massive backyard is unused & ADU consultants have determined that two 2-bed/1-bath ADUs can be added (ADU proposal available). Upon completion, the expected CAP rate is 6.06% & GRM is 12.36. Over $100k spent in past 2 years for 400 amp electrical w/ new panels, copper plumbing upgrades, a new roof, fumigation, paint, & epoxy flooring. Opportunity for new owner to renovate the units to achieve top rents. The rent growth, shortage of housing units, & ADU potential make 507 Easterby Street an exceptional investment for both the cash flow & appreciation minded investor.

Beds:
n/a
Baths:
Sq.Ft.:
2,516
Status:
Active
MLS#:
ML81936023
Type:
Fourplex
Lot size:
0.11 Acres
Year built:
1913
Listing Agent: Ismael Benhamida CalDRE: 01722847 - Compass Ismael Benhamida CalDRE: 01722847
View additional info

Rarely available fourplex (1 of only 51) in highly prestigious & charming Sausalito. Walking distance to boutiques, restaurants, Golden Gate Bridge, world class hiking trails, & marina & yacht harbor. Lowest $/SqFt in core Sausalito. Scheduled 4.52% Cap Rate & 14.96 GRM. One 2-bed/1-bath w/ bay views and 3 vacant 1-bed/1-bath units. Floor to ceiling windows & hardwood floors. The large 5,000 SqFt lot is 200 ft deep! The massive backyard is unused & ADU consultants have determined that two 2-bed/1-bath ADUs can be added (ADU proposal available). Upon completion, the expected CAP rate is 6.06% & GRM is 12.36. Over $100k spent in past 2 years for 400 amp electrical w/ new panels, copper plumbing upgrades, a new roof, fumigation, paint, & epoxy flooring. Opportunity for new owner to renovate the units to achieve top rents. The rent growth, shortage of housing units, & ADU potential make 507 Easterby Street an exceptional investment for both the cash flow & appreciation minded investor.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 9/26/2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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