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For Sale

516 Richardson St

516 Richardson St, Sausalito, CA 94965

$4,500,000
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!

8
baths

5,650 Sq.Ft. LIVING AREA

6,373 Sq.Ft. lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 516 Richardson St, Sausalito, CA 94965. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

  • Total bathrooms8
  • full bathrooms8
  • Laundry room Coin Operated, In Common Area
  • Flooring Laminate, Linoleum, Tile, Varies by Unit, Vinyl, Wood
  • APPLIANCES Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit
  • other interior Features Storage Area(s)

Area & Lot

  • Status For Sale
  • Living Area5,650 Sq.Ft.
  • Lot Area6,373 Sq.Ft.
  • MLS® ID324031106
  • TypeMulti-Family
  • YEAR BUILT1925
  • NeighborhoodMarin & Sonoma County
  • Architecture StylesMediterranean, Spanish, Vintage
  • View DescriptionBay, City, City Lights, Panoramic, San Francisco, Varies by Unit, Water
  • School DistrictMarin

Exterior

  • STORIES2
  • Garage Space4.0
  • water SourcePublic
  • utilitiesCable Available, Electric, Internet Available, Natural Gas Connected
  • roofSpanish Tile, Tar/Gravel
  • lot featuresCorner, Landscape Front, Shape Regular, Sidewalk
  • parkingAttached, Covered, Garage, Guest Parking Available, Off Street, Street, Tandem Garage
  • HEAT TYPEBaseboard, Electric, Fireplace(s), Floor Furnace, Natural Gas, Separate, Varies by Unit, Wall Furnace
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter
  • Disability FeaturesNone
  • security FeaturesVaries By Unit, None
  • other exterior FeaturesFenced Yard, Yard Space, Corner, Landscape Front, Shape Regular, Sidewalk

Financial

  • Sales Price$4,500,000

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