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507 Easterby St, Sausalito, CA 94965
$1,650,000
507 Easterby St, Sausalito, CA 94965View this property at 507 Easterby St, Sausalito, CA 94965
507 Easterby StSausalitoCA94965
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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.
Full Property Details
Full Property Details for 507 Easterby St
General
- Sold For: $1,650,000
- Status: Closed
- Type: Multi-Family
- MLS ID: ML81936023
- Added to Site: 278 day(s) ago
Interior
- Interior Features: Walk-In Closet
- Flooring: Hardwood, Tile
Rooms
Other Rooms
- Kitchen: Gas Cooktop, Granite Countertop, Dishwasher, Refrigerator
- Laundry: None
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: No Garage, No Parking, On Street
Location
- Area: Sausalito
- County: Marin
- Cross Streets: Bridgeway
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Telecomm.: Cable TV
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Construction: Wood Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
- Disability Access: None
- Square Feet: 2,516
- Year Built: 1913
Unit Information
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 2
Lot Features
- Property View: Bay, Marina, Water
- Lot Size (Acres): 0.1148
- Minimum Lot Size: 5000
- Lot Size (Sq. Ft.): 5,000
- Building Sites: 1
- Grounds/Landscape: Back Yard, Low Maintenance
- Zoning: MUL
- Lot Description: Gently Sloped
Listed by Compass, Ismael Benhamida and Compass, Hanna John Azar
Sold by 7B2271, Dena Bliss
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Schools
Schools serving 507 Easterby St
School Districts:Sausalito Marin City, Tamalpais Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
200 Phillips Dr, Sausalito, CA 94965 | K-8 | 1.3 mi | |
700 Miller Ave, Mill Valley, CA 94941 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Easterby St
Date
Details
Price
Change
Source
3/13/2024
Sold
$1,650,000
-5.61%
MLS
10/18/2023
Price Reduced
$1,748,000
-7.9%
MLS
7/24/2023
Listed
$1,898,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
507 Easterby St, Sausalito, CA 94965 (MLS# ML81936023) is a Multi-Family property that was sold at $1,650,000 on March 13, 2024. Want to learn more about 507 Easterby St? Do you have questions about finding other Multi-Family real estate for sale in Sausalito? You can browse all Sausalito real estate or contact a Coldwell Banker agent to request more information.