NOT LISTED FOR SALE

506 Spring St Sausalito, CA 94965

4 Beds
10 Baths
-- Sq Ft
5,673 Sq Ft Lot

Last Sold May 19, 2021

Last sale price $2,025,000

182 Days on Market

Highlights

  • Bay View
  • Traditional Architecture
  • Washer and Dryer
  • Tamalpais High School Rated A
  • 8 Car Attached Garage

About This Home

As of May 2021

Legacy building in the heart of Sausalito. 4 one bedroom units with private decks. All units have been upgraded throughout the 60 years of ownership. 4+ parking spaces with individual storage and laundry for each unit. Large, flat backyard ready for your imagination. This is a great owner user or investor property. Rents are actual and under market. Building is in great condition with all reports. Prime unit will be delivered vacant at COE.

Last Agent to Sell the Property

Tracey Broadman

Vanguard Properties License #01323049 Listed on: 11/17/2020

Vanguard Properties

Last Buyer's Agent

Charles Taylor

Compass License #01492899

Compass

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,673 Sq Ft Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Side-by-Side
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property
  • Bay Views
  • Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Car Attached Garage
  • 4 Carport Spaces

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 4 Units
  • Gross Income $29,850

Listing and Financial Details

  • Assessor Parcel Number 064-135-02

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Bridgeway to Spring St.
  • Lot Size Acres: 0.1302
  • Stories: 2
  • CapRate: 4.20
  • Signs: Yes
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Free Standing Refrigerator
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Other
  • Roof: Composition
  • View: Bay

Garage/Parking

  • Parking Features: Attached, Carport, Side-by-Side
  • Total Parking Spaces: 8
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • OpenParkingSpaces: 4
  • Tandem Parking Spaces: 4

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Smoke Detector, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Owned, Other
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 064-135-02
  • Lot Size Sq Ft: 5673

Multi Family

  • 1 Bedroom Rent Range: 1750-2300
  • Two Bedroom Rent Range: 1750-2300
  • Three Bedroom Rent Range: 2300-2600
  • Four Bedroom Rent Range: 1750-2300
  • Number Of1 Bedrooms Occupied: 3
  • Number of 1 Bedroom Units: 4
  • NumberOfUnitsTotal: 4
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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 List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $2,025,000 0.0% --
05/18/2021 05/18/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $2,025,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,163 $2,191,768 $1,298,904 $892,864
2024 $31,410 $2,148,832 $1,273,440 $875,392
2023 $30,949 $2,106,745 $1,248,480 $858,265
2022 $29,906 $2,065,468 $1,224,000 $841,468
2021 $10,020 $257,514 $97,378 $160,136
2020 $9,738 $254,891 $96,380 $158,511
2019 $9,225 $249,925 $94,490 $155,435
2018 $8,251 $245,056 $92,638 $152,418
2017 $8,040 $240,284 $90,822 $149,462
2016 $7,757 $235,604 $89,041 $146,563
2015 $7,669 $232,089 $87,704 $144,385
2014 $7,487 $227,575 $85,986 $141,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22027919

Bay Area Real Estate Information Services (BAREIS)

APN: 064-135-02