506 508 Spring Street
Sausalito, CA 94965
- – beds
- – baths
- 3,152 sqft
- 6,000 sqft lot
- $793 per sqft
- 1955 build
- – on site
Investment Opportunity in Sausalito! Discover a legacy building in the heart of Sausalito, featuring four 1BR/1BA units with decks. Each unit has been upgraded over the course of the building's lifetime, with newer kitchens and bathrooms. All units have been painted within the last 3 years, and floors have either been refinished or installed. Enjoy the convenience of four covered parking spaces and four additional tandem, uncovered spots, and private laundry and storage for each unit. Relax or BBQ in the large, shared backyard. Perfect for owner-occupants or investors, all units are currently rented, with 2 units on a month-to-month. Possibility for ADU and/or Condo conversion. Just one block to the bus, a 15-minute walk to the ferry, and close to San Francisco, 101 & 580. Surrounded by numerous restaurants, shops, and the best views in Marin!
Last checked:
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Last updated Apr 6, 2025
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MLS# 325021705 —
The Building
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Year Built:1955
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Year Built Source:Assessor Agent-Fill
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Architectural Style:Mid-Century
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Subtype Description:Apartments
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Construction Materials:Stucco
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Levels:Two
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Patio And Porch Features:Balcony/Deck
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Security Features:Carbon Mon Detector, Fire Extinguisher, Smoke Detector
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Energy Efficient:Roof
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# of Units Total:4
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SqFt:3,152 Sqft
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# of Buildings:1
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SqFt Source:Owner
Interior
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Flooring:Varies by Unit
Location
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Directions:Bridgeway to Spring
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Cross Street:Bridgeway
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Area:Sausalito
The Property
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Property Type:Residential Income
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Property Type:Quadruplex
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Lot Features:Shape Regular
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6000Lot SqFt:
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Lot Size Measurement:SqFt
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Lot Size Source:Not Verified
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View Description:Bay, Varies by Unit
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0.1377Acres:
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Exterior Features:Fenced Yard, Yard Space
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Assessors Parcel Number:064-135-02
The Listing
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Special Listing Conditions:Offer As Is
Heating & Cooling
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Heating:Wall Furnace
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Cooling:None
Utilities
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Water Source:Water District
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Sewer:Public Sewer
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Separate Meters:Electricity, Gas, Water
Appliances
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Appliances:Disposal, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater, Varies By Unit, See Remarks
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Laundry Features:Laundry Closet
The Community
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Association:No
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Cap Rate:3.71
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Association:Marin County
Parking
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Carport Spaces:4.00
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Covered Spaces:4.00
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Total Parking Spaces:8.00
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Parking Features:Covered, Uncovered
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Tandem Parking Spaces:4
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Open Parking Spaces:4.00
Extra Units
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# of 1 Bedroom Units:4
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Unit 1 Type:Apartment
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Unit 1 Description:506A tenant occupied 788 sf 1B/1BA, lease expires: August 14th 2025
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Unit 1 Bedrooms:1
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Unit 1 # of Rooms:2
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Unit 1 Full Baths:1
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Unit 1 Approx SqFt:788
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Unit 2 Type:Apartment
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Unit 2 Full Baths:1
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Unit 2 Description:Tenant occupied M/M 788 sf 1B/1BA, kitchen living /dining - Currently month to month
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Unit 2 Bedrooms:1
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Unit 2 # of Rooms:2
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Unit 2 Approx SqFt:788
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Unit 3 Bedrooms:1
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Unit 3 Type:Apartment
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Unit 3 Description:Tenant Occupied: 788 sf 1B/1BA, kitchen living /dining - Leased thru December 14th 2025
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Unit 3 Full Baths:1
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Unit 3 # of Rooms:2
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Unit 3 Approx SqFt:788
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Unit 4 Type:Apartment
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Unit 4 Description:tenant lease 788 sf 1B/1BA, kitchen living /dining - Currently month to month
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Unit 4 Bedrooms:1
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Unit 4 # of Rooms:2
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Unit 4 Full Baths:1
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Unit 4 Approx SqFt:788
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/4/25
Apr 4, 2025
|
Listed / Active | BAREIS | $2,499,999 |
