506 Spring St Sausalito, CA 94965
Sausalito AreaEstimated payment $15,179/month
Highlights
- Bay View
- Midcentury Modern Architecture
- Balcony
- Tamalpais High School Rated A
- Private Yard
- Laundry closet
About This Home
Investment Opportunity in the Heart of Sausalito! Discover a legacy building offering four well-maintained 1BR/1BA units, each with a deck. Every unit has been upgraded over the years with newer kitchens and baths, fresh paint within the last three years, and floors that have been refinished or newly installed. Residents enjoy four covered parking spaces plus four additional tandem, uncovered spots, along with private in-unit laundry and dedicated storage for each home. The large shared backyard is perfect for relaxing or hosting a weekend BBQ. Ideal for owner-occupants and investors alike, all four units are currently rentedthree on flexible month-to-month terms. There's also exciting upside potential with possible ADU and/or condo conversion (buyer to verify). Unbeatable location: one block to the bus, a 15-minute stroll to the ferry, and quick access to San Francisco via Highways 101 and 580. Surrounded by Sausalito's beloved restaurants and shopsand some of the best views in all of Marin.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 6,000 Sq Ft Lot
- Private Yard
Parking
- 4 Carport Spaces
Home Design
- Quadruplex
- Midcentury Modern Architecture
- Stucco
Interior Spaces
- 3,152 Sq Ft Home
- 2-Story Property
- Bay Views
- Laundry closet
Kitchen
- Free-Standing Electric Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Suppression System
Utilities
- No Cooling
- Wall Furnace
- Property is located within a water district
- Gas Water Heater
Additional Features
- Energy-Efficient Roof
- Balcony
Community Details
- 4 Units
- Gross Income $143,700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $33,163 | $2,235,555 | $1,324,872 | $910,683 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/03/2026 07/03/26 | Price Changed | $2,250,000 | -5.3% | $714 / Sq Ft |
| 06/12/2026 06/12/26 | For Sale | $2,375,000 | -- | $753 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,025,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,518,750 | New Conventional | |
| Previous Owner | $400,000 | Unknown | |
| Previous Owner | $150,000 | New Conventional |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 326051446
APN: 064-135-02
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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