$4,500,000
Active
15 Days Online
0 Beds0 Baths5,650 SQFT
Active

516 Richardson Street Sausalito, CA 94965

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Once-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. 5 units rented, 1 vacant (recently remodeled). 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). This rare property has been held with the same owner for 25 years. Must see!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyMarin
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive
  • MLS ID Number324031106
  • Home Size Source Owner
  • Year Built1925
  • Lot Size0.1463 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style MediterraneanSpanishVintage
  • Construction BrickConcretePlasterStucco
  • Parking AttachedCoveredGarageGuest Parking AvailableOff StreetStreetTandem Garage
  • Parking Spaces 6
  • Sewer Public Sewer
  • Number of Stories 222
  • Acreage 0.1463
  • Water Public
  • Security Varies By UnitNone
  • Green Energy Efficient Appliances
  • Cross Street West Court
  • Garage Spaces 4
  • Attached Garage Yes
  • Utilities Cable Available
  • Foundation Concrete Perimeter

Interior Features

  • Cooling None
  • Heating BaseboardElectricFireplace(s)Floor FurnaceNatural GasSeparateVaries by UnitWall Furnace
  • Appliances DishwasherDisposalE N E R G Y S T A R Qualified AppliancesFree Standing Gas RangeFree Standing RefrigeratorGas Water HeaterMicrowaveVaries By Unit
  • Flooring LaminateLinoleumTileVaries by UnitVinylWood
  • Interior Storage Area(s)
  • Laundry Features Coin OperatedIn Common Area
  • Window Features Varies by UnitWeather Stripped

Exterior Features

  • View BayCityCity LightsPanoramicSan FranciscoVaries by UnitWater
  • Waterfront Property No
  • Exterior Fenced YardYard Space
  • Lot CornerLandscape FrontShape RegularSidewalk
  • Patio And Porch Balcony/ DeckRoof Deck(s)Uncovered DeckVaries by Unit

Community Features

  • Association Dues 0
  • MLS Area Sausalito
  • Security Features Varies By UnitNone

Schools

School District
Sausalito Marin City Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$23,999
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