507 Easterby ST
Sausalito, CA 94965

  • 5 beds
  • – baths
  • 2,516 sqft
  • 5,000 sqft lot
  • $655 per sqft
  • 1913 build
  • on site

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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.

MLSLISTINGS logo Listing courtesy of MLSLISTINGS / Ismael Benhamida / Compass

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# 81936023 —

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Sale history

Date Event Source Price % Change
12/15/23
CRMLS_CA $1,748,000
10/18/23
Price Changed MLSLISTINGS $1,748,000 -7.9%
7/24/23
Listed / Active MLSLISTINGS $1,898,000

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Multifamily Sold on 3/13/2024

$1,650,000

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Listing provided by broker:

Ismael Benhamida

Compass

408-373-6195

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MLSLISTINGS logo Listing courtesy of Compass

MLSLISTINGS logo Listing Courtesy of: MLSLISTINGS, data current as of 17:23 on Apr 26.

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