Skip To Content
    Return to Previous Page

    507 Easterby Street

    Sausalito, CA 94965
    • $1,988,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 22016326
    Price Reduced
    UPDATED: 55 min ago
    $1,988,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $795
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    A rare opportunity to own a charming 4-plex in Sausalito. Easy to rent and managed by current owner for 32 years. Very desirable investor numbers for Sausalito: GRM 15.34 and Cap rate at 6.51%. Must see inside! Owners top floor unit has four rooms including a large bedroom with fireplace and seating area. Additionally there is an office/guest room, garden, patio and bay views. All four units have refinished oak and red fir floors. Three units have granite counter tops. Updated baths and many newer appliances. All new Simonton double pane windows with lifetime warranty. Lot is 200' deep with many possibilities: terraced gardens, deck or parking pad? Easy on street parking and walkable to all that Sausalito offers: neighborhood restaurants, Molly Stone's, banks, P.O. and harbor across the street. Spencer Street trailhead is 1 mile away connecting to over 100 miles of hiking. An opportunity to own a sweet place which will provide excellent income for years to come. Stable tenants.

    Monthly Payment Calculator



    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or W Real Estate | Luxury Team. Data last updated: 2020-09-30T09:55:44.167.
    www.buywinecountryproperties.com/homes/107918794
    Print Image

    507 Easterby Street Sausalito, CA 94965

    • Price: $1,988,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 22016326
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,500
    SQFT
    $795
    $/SQFT
    Neighborhood:
    Sausalito
    County:
    Marin
    Area:
    Sausalito
    School District:
    Call District
    Property Description
    A rare opportunity to own a charming 4-plex in Sausalito. Easy to rent and managed by current owner for 32 years. Very desirable investor numbers for Sausalito: GRM 15.34 and Cap rate at 6.51%. Must see inside! Owners top floor unit has four rooms including a large bedroom with fireplace and seating area. Additionally there is an office/guest room, garden, patio and bay views. All four units have refinished oak and red fir floors. Three units have granite counter tops. Updated baths and many newer appliances. All new Simonton double pane windows with lifetime warranty. Lot is 200' deep with many possibilities: terraced gardens, deck or parking pad? Easy on street parking and walkable to all that Sausalito offers: neighborhood restaurants, Molly Stone's, banks, P.O. and harbor across the street. Spencer Street trailhead is 1 mile away connecting to over 100 miles of hiking. An opportunity to own a sweet place which will provide excellent income for years to come. Stable tenants.
    Exterior Features

    Exterior Stucco Foundation Construct Concrete Perimeter Garage Parking On StreetNone Lot Description UpslopeCity Pool No Roof Composition Style Vintage Type 2 StoryFourplex View Yes Views GreenbeltMarina Yard Grounds Fenced YardPatio(S)Yard Space

    Interior Features

    Energy Conservation Caulked/SealDual Pane WindowsLow E WindowsLow-Flow Toilet Fireplace No Floors HardwoodParquetTile Laundry Appliance None Unit1 Access Feat Other Unit1 Approx Sq Ft 600 Unit1 Baths Full 1 Unit1 Bedrooms 1 Unit1 Half Baths 0 Unit1 Includes Cable TvCentral HeatGarbage DisposalOven/RangeRefrigeratorWall FurnaceWindow Covers Unit1 Sq Ft Source Owner Unit1 Total Rooms 3 Unit2 Access Feat Other Unit2 Approx Sq Ft 500 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes DishwasherGarbage DisposalOven/RangeRefrigerator Unit2 Sq Ft Source Owner Unit2 Total Rooms 3 Unit3 Access Feat Other Unit3 Approx Sq Ft 625 Unit3 Baths Full 1 Unit3 Bedrooms 1 Unit3 Half Baths 0 Unit3 Includes DishwasherGarbage DisposalOven/RangeRefrigeratorWall Furnace Unit3 Sq Ft Source Owner Unit3 Total Rooms 3 Unit4 Access Feat Other Unit4 Approx Sq Ft 775 Unit4 Baths Full 1 Unit4 Bedrooms 1 Unit4 Half Baths 0 Unit4 Includes Cable TvDishwasherOven/RangeRefrigeratorStorageWall Furnace Unit4 Sq Ft Source Owner Unit4 Total Rooms 4

    Property Features

    Auction No Cap Rate 6.51 City Transfer Tax No City Transfer Tax Rate 1.10 Common Int Dev No Deposits 9600.00 Est Ann Net Income 92779.00 Est Insurance Exp 1227.00 Est Maintenance Exp 1260.00 Est Management 0.00 Est Misc Expenses 824.00 Est Taxes 25612.00 Est Total Annual Exp 30821.00 Est Utilities Exp 1898.00 Expense Source Owner GRM 16.08 Gross Scheduled Inc 123600.00 Lot Size Source (Realist Public Rec) Monthly Expenses 2568.42 Monthly Income 10300.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc GarbageInsuranceLicense FeesTaxes/AssessmentsWater Planned Unit Develop No Projected Or Actual Actual Property Mgmt Co None Safety Security Carbon Mon DetectorSmoke Alarms Separate Meters ElectricityGas Sewer Septic Sewer Public Square Footage Source Owner Subject To Crt Conf No Tenant Pays Cable TvElectricityGas Transaction Type Sale Unit1 Rents For 2500.00 Unit2 Date Lease Ex 2021-05-01 Unit2 Lease Term Lease < 1 Year Unit2 Rents For 2450.00 Unit3 Lease Term Month To Month Unit3 Rents For 2650.00 Unit4 Lease Term Month To Month Unit4 Rents For 3200.00 Utilities Cable Tv Water Source Water-Public Year Built Exception Unknown

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Narodny Team of Golden Gate Sotheby's International Realty.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or W Real Estate | Luxury Team. Data last updated: 2020-09-30T09:55:44.167.
     
    https://bt-photos.global.ssl.fastly.net/bareis/orig_boomver_2_22016326-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/orig_boomver_2_22016326-2.jpg https://bt-photos.global.ssl.fastly.net/bareis/orig_boomver_2_22016326-2.jpg
    Logo
    W Real Estate | Luxury Team
    Wine Country CA,