$2,375,000

508 Spring St Sausalito, CA 94965

Estimated payment $15,240/month

Total Views 113
4 Beds
4 Baths
3,152 Sq Ft
$753 Price per Sq Ft

Highlights

  • Midcentury Modern Architecture
  • Private Yard
  • Energy-Efficient Roof
  • Tamalpais High School Rated A
  • 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.

Listing Agent

Katie Wigington

Compass License #01907619 Listed on: 06/12/2026

Compass

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

  • 2-Story Property
  • Disposal
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Roof

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $143,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Lot Size Acres: 0.1377
  • CapRate: 4.17
  • Levels: Two
  • ArchitecturalStyle: Mid-Century
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: 7A2432
  • Directions: Bridgeway to Spring
  • Efficiency: Roof
  • Power Production Type: None
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater, Varies By Unit, See Remarks
  • Basement: None
  • NumberOfBuildings: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Construction Materials: Stucco
  • Lot Features: Shape Regular
  • ExteriorFeatures: Private Yard, Yard Space
  • Patio And Porch Features: Balcony/Deck

Garage/Parking

  • Parking Features: Covered, Uncovered
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • OpenParkingSpaces: 4

Utilities

  • Cooling: None
  • Security Features: Carbon Monoxide Detector(s), Fire Extinguisher, Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Water District
  • Heating: Wall Furnace
  • Laundry Features: Laundry Closet

Lot Info

  • Lot Size Sq Ft: 6000

Rental Info

  • TenantPays: Cable TV, Electricity, Gas, Trash Collection, Water

Building Info

  • Year Built: 1955

Multi Family

  • NumberOfUnitsTotal: 4
  • Annual Gross Income: 143700

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
06/12/2026 06/12/26 For Sale $2,375,000 -- $753 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326051446

Bay Area Real Estate Information Services (BAREIS)
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