Seller's Agent in 2024
Ismael Benhamida
Compass
(408) 373-6195
1 in this area
44 Total Sales
507 Easterby St Sausalito, CA 94965
5
Beds
4
Baths
2,516
Sq Ft
5,001
Sq Ft Lot
Highlights
- Marina View
- Wood Flooring
- Walk-In Closet
- Tamalpais High School Rated A
- Granite Countertops
- Gentle Sloping Lot
About This Home
As of March 2024Major 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.
Last Buyer's Agent
Dena Bliss
Ascend Real Estate License #02129735
Property Details
Home Type
- Multi-Family
Year Built
- 1913
Lot Details
- 5,001 Sq Ft Lot
- Gentle Sloping Lot
- Grass Covered Lot
- Back Yard
Property Views
- Marina
- Bay
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Walk-In Closet
- 2,516 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Parking
- No Garage
- On-Street Parking
Utilities
- Heating Available
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $126,900
Community Details
Overview
Building Details
- 1 Leased Unit
- Insurance Expense $2,150
- Maintenance Expense $2,000
- Utility Expense $7,821
- Trash Expense $1,560
- Operating Expense $35,538
- Gross Income $123,093
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $1,650,000 | -5.6% | $656 / Sq Ft | |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- | |
| 10/18/2023 10/18/23 | Price Changed | $1,748,000 | -7.9% | $695 / Sq Ft | |
| 07/24/2023 07/24/23 | For Sale | $1,898,000 | -0.4% | $754 / Sq Ft | |
| 05/21/2021 05/21/21 | Sold | $1,905,000 | 0.0% | -- | View Prior Sale |
| 03/19/2021 03/19/21 | Pending | -- | -- | -- | |
| 07/16/2020 07/16/20 | For Sale | $1,905,000 | -- | -- |
Source: MLSListings
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 | $27,348 | $1,682,968 | $586,500 | $1,096,468 |
| 2024 | $29,932 | $2,021,488 | $716,310 | $1,305,178 |
| 2023 | $29,537 | $1,981,897 | $702,270 | $1,279,627 |
| 2022 | $28,511 | $1,943,068 | $688,500 | $1,254,568 |
| 2021 | $15,461 | $753,093 | $309,438 | $443,655 |
| 2020 | $15,121 | $745,389 | $306,266 | $439,123 |
| 2019 | $14,593 | $730,806 | $300,261 | $430,545 |
| 2018 | $13,494 | $716,510 | $294,375 | $422,135 |
| 2017 | $13,202 | $702,495 | $288,604 | $413,891 |
| 2016 | $12,719 | $688,753 | $282,945 | $405,808 |
| 2015 | $12,723 | $678,431 | $278,695 | $399,736 |
| 2014 | $12,280 | $665,175 | $273,237 | $391,938 |
Source: Public Records
Agents Affiliated with this Home
-
Ismael Benhamida
-
Hanna John Azar
Seller Co-Listing Agent in 2024
Hanna John Azar
Compass
(650) 314-7200
1 in this area
19 Total Sales
-
D
Buyer's Agent in 2024
Dena Bliss
Ascend Real Estate
-
Narodny Team
N
Seller's Agent in 2021
Narodny Team
Alamere Real Estate
(415) 847-0309
3 in this area
174 Total Sales
-
D
Buyer's Agent in 2021
Deborah Cole
Compass
Map
Source: MLSListings
MLS Number: ML81936023
APN: 064-142-17
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