• Asking Price $4,500,000
  • Estimated Value: $2,517,548

  • 516 RICHARDSON ST SAUSALITO, CA 94965

  • 5,650 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 516 RICHARDSON ST, SAUSALITO, CA 94965

Features

  • Price/sqft: $796
  • Lot Size: 6375 sq. ft.
  • Total Units: 6
  • Heating: Baseboard,Fireplace,Floor Furnace

Facts

  • Year Built: 01/01/1925
  • Property ID: 881134881
  • MLS Number: 324031106
  • Parcel Number: 065-233-11
  • Property Type: Multi-family (5 or more units)
  • County: MARIN
  • Legal Description: BLK 16 LOT 11-13
  • Listing Status: Active

Pre-Foreclosure Info

  • Recording Date: 10/17/2005
  • Recording Year: 2005

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Once-in-a-generation opportunity to own this iconic 6 unit Mediterranean Villa in historic Old Town Sausalito! Perched on a coveted corner lot in prime location overlooking San Francisco Bay, this 10 BD, 8 BA property is minutes from GG Bridge and City. Stroll by Bay to ferry, cafes, boutiques. Property has 2 vintage circa 1920 buildings each with 3 units. Six units total (four 1 BD/1 BA top floor units; two 3 BD/2 BA middle floor units). All units have views, original features, hardwood floors, separate PG&E/water meters. Four with fireplaces. Clay tiled roof & archways lead to outdoor patio connecting the buildings. Top floor units have entries off quiet cul-de-sac. Stunning views of Angel Island, City & Alcatraz from top floor east-facing units. 5 units rented, 1 vacant (recently remodeled). There's more! A secluded courtyard; 3 expansive garages; office; storage units, & laundry facilities. Ideally situated in a charming, residential neighborhood, 3 blocks from Sausalito's world-renowned waterfront, Southview park and Swede's beach. Endless opportunities for savvy investors - possible lot split; condo convert; additional income from storage units & repurposing garages (buyer to investigate options). This rare property has been held with the same owner for 25 years. Must see!

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Property Brokerage: Corcoran Global Living 100 Drakes Landing Road Greenbrae CA 94949
Copyright © 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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