Y
Seller's Agent in 2024
Yasmine McGrane
Corcoran Icon Properties
(415) 496-2600
10 in this area
21 Total Sales
516 Richardson St Sausalito, CA 94965
10
Beds
20
Baths
5,650
Sq Ft
6,373
Sq Ft Lot
Highlights
- Views of San Francisco
- Deck
- Spanish Architecture
- Tamalpais High School Rated A
- Wood Flooring
- 3-minute walk to South View Park
About This Home
As of September 2024Once-in-a-generation opportunity to own this iconic 6 unit Mediterranean Villa in historic Old Town Sausalito! Perched on a coveted corner lot in prime location overlooking San Francisco Bay, this 10 BD, 8 BA property is minutes from GG Bridge and City. Stroll by Bay to ferry, cafes, boutiques. Property has 2 vintage circa 1920 buildings each with 3 units. Six units total (four 1 BD/1 BA top floor units; two 3 BD/2 BA middle floor units). All units have views, original features, hardwood floors, separate PG&E/water meters. Four with fireplaces. Clay tiled roof & archways lead to outdoor patio connecting the buildings. Top floor units have entries off quiet cul-de-sac. Stunning views of Angel Island, City & Alcatraz from top floor east-facing units. There's more! A secluded courtyard; 3 expansive garages; office; storage units, & laundry facilities. Ideally situated in a charming, residential neighborhood, 3 blocks from Sausalito's world-renowned waterfront, Southview park and Swede's beach. Endless opportunities for savvy investors - possible lot split; condo convert; additional income from storage units & repurposing garages (buyer to investigate options). 4.62% cap rate before additional income potential. This trophy property held with the same owner for 25 years. Must see!
Last Agent to Sell the Property
Corcoran Icon Properties License #02133303 Listed on: 05/06/2024
Last Buyer's Agent
Chad Rummonds
Vanguard Properties License #01943424
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 6,373 Sq Ft Lot
- Fenced Yard
- Landscaped
- Corner Lot
- Historic Home
Parking
- 4 Car Attached Garage
- 2 Open Parking Spaces
- Tandem Garage
- Guest Parking
- On-Street Parking
- Off-Street Parking
Property Views
- Bay
- San Francisco
- Panoramic
- City Lights
Home Design
- Spanish Architecture
- Mediterranean Architecture
- Brick Exterior Construction
- Concrete Foundation
- Spanish Tile Roof
- Tar and Gravel Roof
- Plaster
- Stucco
Interior Spaces
- 10 Bedrooms
- 5,650 Sq Ft Home
- 2-Story Property
- Fireplace
- Storage
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Linoleum
- Laminate
- Tile
- Vinyl
Utilities
- No Cooling
- Floor Furnace
- Heating System Uses Natural Gas
- Wall Furnace
- Baseboard Heating
- Natural Gas Connected
- Individual Gas Meter
- Separate Water Meter
- Gas Water Heater
- Internet Available
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Appliances
- Deck
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection, water
- Assessor Parcel Number 065-233-11
Community Details
Overview
- 2 Buildings
- 6 Units
Additional Features
- Laundry Facilities
- Gross Income $252,600
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $4,250,000 | -5.6% | $752 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 05/06/2024 05/06/24 | For Sale | $4,500,000 | -- | $796 / Sq Ft |
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 | $60,265 | $4,250,000 | $2,700,000 | $1,550,000 |
| 2024 | $39,562 | $2,587,266 | $1,307,745 | $1,279,521 |
| 2023 | $38,871 | $2,536,596 | $1,282,110 | $1,254,486 |
| 2022 | $37,671 | $2,486,914 | $1,256,975 | $1,229,939 |
| 2021 | $37,203 | $2,438,212 | $1,232,335 | $1,205,877 |
| 2020 | $36,396 | $2,413,238 | $1,219,699 | $1,193,539 |
| 2019 | $35,383 | $2,365,983 | $1,195,792 | $1,170,191 |
| 2018 | $33,815 | $2,319,650 | $1,172,351 | $1,147,299 |
| 2017 | $32,985 | $2,274,224 | $1,149,369 | $1,124,855 |
| 2016 | $31,580 | $2,229,682 | $1,126,834 | $1,102,848 |
| 2015 | $31,549 | $2,196,237 | $1,109,913 | $1,086,324 |
| 2014 | $30,575 | $2,153,275 | $1,088,178 | $1,065,097 |
Source: Public Records
Agents Affiliated with this Home
-
Yasmine McGrane
-
C
Buyer's Agent in 2024
Chad Rummonds
Vanguard Properties
Map
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324031106
APN: 065-233-11
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.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.