Property Details
About this Property
Major Price Reduction! 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 5.01% Cap Rate & 14.2 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). 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.
MLS Listing Information
MLS #
ML81936023
MLS Source
MLSListings, Inc.
Interior Features
Kitchen
Countertop - Granite
Appliances
Cooktop - Gas, Dishwasher, Refrigerator
Flooring
Hardwood, Tile
Laundry
None
Cooling
None
Heating
Electric
Exterior Features
Roof
Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
No Garage, No Parking, On Street, Garage: 0 Car(s)
Elementary District
Sausalito Marin City
High School District
Tamalpais Union High
Sewer
Public Sewer
Water
Public
Zoning
MUL
Contact Information
Listing Agent
Ismael Benhamida
Compass
License #: 01722847
Phone: (408) 373-6195
Co-Listing Agent
Hanna John Azar
Compass
License #: 02005698
Phone: (415) 875-0177
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 1 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 1 | 1/0 | – |
| 2 | – | 1 | 1/0 | – |
| 3 | – | 1 | 1/0 | – |
| 4 | – | 2 | 1/0 | $2,775 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
507 Easterby St is a Residential Income in Sausalito, CA 94965. This 2,516 square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,650,000 and was built in 1913. This address can also be written as 507 Easterby St, Sausalito, CA 94965.
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This listing information is up-to-date as of March 16, 2024. For the most current information, please contact Ismael Benhamida, (408) 373-6195
