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Chad Krakow
Pending
$1,748,000

507 Easterby Street
Sausalito, CA 94965

Fourplex, Multi-Family
Residential
2,516
Sq. Ft.
0.1148
Acre Lot
Courtesy: Ismael Benhamida - Compass
Home> California> Sausalito> 94965
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.
ML81936023
Fourplex, Multi-Family, 2 Story
Marin
1913
0.1148 Acres
Public
2
Frame
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Ismael Benhamida - Compass

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