Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST
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$1,650,000

$1,748,000

5.6%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

2,516 SqFt


SOLD DATE : 03/13/2024

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $655

MLS Listing ID ML81936023

Sold Date 03/13/24

Bedrooms 5

Full Baths 4

Year Built 1913

Lot Size 5,000 Sqft

Property Description

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.

Location

State CA

County Marin

Area Sausalito

Zoning MUL

Rooms

Kitchen Cooktop - Gas, Countertop - Granite, Dishwasher, Refrigerator

Interior

Heating Electric

Cooling None

Flooring Hardwood, Tile

Laundry None

Exterior

Exterior Feature Back Yard, Low Maintenance

Garage No Garage, No Parking, On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

View Bay, Marina, Water

Roof Type Shingle

Building

Lot Description Grade - Gently Sloped

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 064-142-17

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)
Listed by Ismael Benhamida • Compass
Bought with Dena Bliss • Ascend Real Estate
agent-avatar

+1(415) 902-6945

richard.e.siaw@gmail.com

1205 Auto Park Way, Escondido, CA, 92029

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