$3,500,000

311 Valley St Sausalito, CA 94965

Estimated payment $22,886/month

Total Views 4,893
6 Beds
-- Bath
3,805 Sq Ft
$920 Price per Sq Ft

Highlights

  • Bay View
  • 10 Car Attached Garage
  • Laundry Facilities
  • Tamalpais High School Rated A
  • Landscaped
  • 4-minute walk to South View Park

About This Home

311 Valley - Turnkey Investment with Views, Upside, and Charm. 311 Valley is a well-maintained, fully rented property offering immediate income and long-term upside. Originally built in 1951, the property has been thoughtfully updated over the years and is in very good condition. The unit mix includes one spacious 2-bedroom apartment with lovely views of Richardson Bay, four 1-bedroom apartmentseach with its own private entranceand a charming ground-floor studio that enjoys exclusive use of a private patio and yard area. Tenants benefit from on-site laundry facilities and covered parking, adding to the property's appeal and convenience. An additional area to the right of the building may offer potential for expansion, subject to verification with the town. Discover the Magic of Sausalito Living. Sausalito is a world-renowned coastal town just minutes from San Francisco, located at the northern foot of the Golden Gate Bridge. Perched at the southernmost edge of Sausalito, 311 Valley offers an ideal locationjust a short commute into the city, steps from the beach, and moments from the town's celebrated restaurants, galleries, and boutique shops.

Listing Agent

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 06/03/2025

Golden Gate Sotheby's

Co-Listing Agent

Pamela Burke

Golden Gate Sotheby's License #02156257

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 8,250 Sq Ft Lot
  • Landscaped

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Slab Foundation

Interior Spaces

  • 3,805 Sq Ft Home
  • 3-Story Property
  • Bay Views

Parking

  • 10 Car Attached Garage
  • 6 Open Parking Spaces
  • 4 Carport Spaces

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 6 Units
  • Laundry Facilities
  • Gross Income $207,700

Listing and Financial Details

  • Assessor Parcel Number 065-268-09

Property Details

Home Type

Multi-Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: From downtown Sausalito, south on Bridgeway, becomes Second Street, to Valley.
  • Lot Size Acres: 0.1894
  • CapRate: 4.00
  • Levels: Three
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Square Footage: 3805.00
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete Perimeter, Slab
  • Lot Features: Landscape Back, Landscape Front
  • Property Condition: Updated/Remodeled
  • Roof: Flat
  • View: Bay

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 10.00
  • Carport Spaces: 4.00
  • OpenParkingSpaces: 6.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 065-268-09
  • Lot Size Sq Ft: 8250.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1951

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 2,750-2,875
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 3,795
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 4
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 1
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 6
  • Number Studios Occupied: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Price Changed $3,500,000 -5.4% $920 / Sq Ft
06/03/2025 06/03/25 For Sale $3,700,000 -- $972 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325051011

Bay Area Real Estate Information Services (BAREIS)

APN: 065-268-09