Home | Marin County | Sausalito | 94965 | 516 Richardson St
MLS: BA326035729 | Status: | Price: $4,695,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 5,577 | 6,373 | 1925 |
| Date | Time | Hosted By |
|---|---|---|
| Sunday, May 17 | 12:00 pm - 3:00 pm |
Investor Alert! Rare trophy property on one of the most coveted blocks in historic Old Town Sausalito, offering panoramic views of the San Francisco Bay, city skyline, Angel Island, and Alcatraz. Set on a prime corner lot along a quiet cul-de-sac, this Mediterranean-style villa features two circa-1920 buildings on a single parcel with six units, four garages, and a dedicated office/flex space. The unit mix includes four light-filled 1BD/1BA upper residences and two spacious 3BD/2BA middle-level units. Many units enjoy east-facing water views, private entrances, hardwood floors, fireplaces, and classic period details. All units are separately metered for PG&E and water. The property's distinctive architecture - arched walkways, clay tile accents, and interconnected courtyards - creates a cohesive and inviting environment. Additional amenities include four large garage/flex spaces, storage rooms, office space, and a common laundry facility with restroom, offering multiple avenues for added income. Ideally located just blocks from Sausalito's waterfront, ferry, shops, dining, Southview Park, and Swede's Beach, tenants enjoy an exceptional lifestyle with convenient access to San Francisco by ferry, bike, bus, or car. With strong in-place income and cap rate, low vacancy, and signific
| Field | Value |
|---|---|
| MLS # | BA326035729 |
| MLS Source | Bay Area Real Estate Information Services, Inc. |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Appliances - Vary by Unit |
| Flooring | Varies by Unit, Wood |
| Laundry | Coin Operated |
| Cooling | None |
| Heating | Fireplace, Gas - Natural, Varies by Unit, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Foam, Barrel / Truss |
| Foundation | Slab |
| Style | Mediterranean |
| Feature | Details |
|---|---|
| Garage/Parking | Guest / Visitor Parking, Other, Street, Garage: 8 Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
Yasmine McGrane
Corcoran Icon Properties
License #: 02133303
Phone: (415) 298-7775
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,288 | 3 | 2/0 | $5,227 | – | – |
| 2 | 833 | 1 | 2/0 | $3,760 | – | – |
| 3 | 599 | 1 | 1/0 | $2,545 | – | – |
| 4 | 244 | 0 | 0/1 | $900 | – | – |
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This listing information is up-to-date as of May 13, 2026. For the most current information, please contact Yasmine McGrane, (415) 298-7775.