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Chad Krakow

Sausalito CA Real Estate & Land for Sale

2 Properties Found

The median home value in Sausalito, CA is $1,535,000. 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 $1,535,000. 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
A broker reciprocity listing Courtesy: Ismael Benhamida - Compass Ismael Benhamida
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:
5
Baths:
4.00
Sq.Ft.:
2,516
Status:
Active
MLS#:
ML81936023
Type:
Other
Lot size:
0.11 Acres
Year built:
1913
A broker reciprocity listing Courtesy: Ismael Benhamida - Compass Ismael Benhamida
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 is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Broker Listing Exchange (BLE) program of MLSListings Inc. 2023. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data updated every 15 minutes. Copyright© MLSListings Inc. 2023 All Rights reserved.

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