Sausalito, CA 94965,507 Easterby ST
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Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST
Sausalito, CA 94965,507 Easterby ST

$1,650,000

Est. payment /mo

$1,748,000

5.6%
Est.Price: ?

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507 Easterby ST Sausalito, CA 94965

2,516 SqFt

SOLD DATE : 03/13/2024

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Quadruplex

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

HOA Y/N No

Year Built 1913

Annual Tax Amount $22,007

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 699 - Not Defined

Zoning MUL

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Electric

Cooling None

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Gas Cooktop, Refrigerator

Laundry None

Exterior

Garage None

View Y/N Yes

View Bay, Marina, Water

Roof Type Shingle

Accessibility None

Parking Type None

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 06414217

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ismael Benhamida • Compass
Bought with Dena Bliss

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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