507 Easterby Street
$1,650,000
—
2,516
2,516
$656
Sold 3/13/24
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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...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.
Property Details for 507 Easterby Street
MLS City Name
SAUSALITO
Building TypeFOURPLEX
Garage Spaces0
Parking Spaces0
ViewBay, Marina, Water
Cross StreetBridgeway
LISTING UPDATED: 03/16/2024 09:51 AM
Property Details for 507 Easterby Street
Status | Sold |
---|---|
MLS # | ML81936023 |
Days on Compass | 144 |
Taxes | $22,007 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / Fourplex |
Year Built | 1913 |
Lot Size | 0.11 AC / 5,000 SF |
County | Marin County |
Buyer's Agent Compensation | 2% |
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Building Information for 507 Easterby Street
Stories2Residences4Year Built1913Building Size-Lot Size0.11 AC / 5,000 SF
Property Information for 507 Easterby Street
Property History for 507 Easterby Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 507 Easterby Street
Taxable ValueLand$716,310Additions$1,305,178Total$2,021,488
Tax Record2024$29,932 ($2,494 / month)
Home Facts
Lot Size5,000 SqFtStyleDuplexYear Built1913Year Renovated1980CountyMARINAPN064-142-17
Schools near 507 Easterby Street
This home is within Tamalpais Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Dr. Martin Luther King Jr. Academy PublicK to 8 | ||
Tamalpais High School Public9 to 12 | ||
Tamiscal High (Alternative) School Public9 to 12 | ||
San Andreas High (Continuation) School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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