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.
Active
Price cut: $125K (7/3)
$2,250,000
506 - 508 Spring Street, Sausalito, CA 94965
4beds
3,152sqft
Quadruplex
Built in 1955
-- sqft lot
$2,196,300 Zestimate®
$714/sqft
$-- HOA
What's special
Newer kitchens and bathsEach with a deckFour covered parking spacesPrivate in-unit laundry
- 81 days
- 1,143
- 20
Zillow last checked:
Listing updated:
Listed by:
Katie Wigington DRE #01907619 415-827-3626,
Compass 415-345-7640,
Charles E Taylor DRE #01492899 415-720-3267,
Compass
Source: BAREIS,MLS#: 326051446
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater, Varies By Unit, See Remarks
- Laundry: Laundry Closet
Features
- Unit 1 - Beds: 4, Baths: 4, Square Footage: 3152 | Unit 2 - Beds: 0, Baths: 0, Square Footage: 3152 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 3152 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 3152
Interior area
- Total structure area: 3,152
- Total interior livable area: 3,152 sqft
Property
Parking
- Total spaces: 8
- Parking features: Covered, Uncovered
- Carport spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Patio & porch: Balcony/Deck
- Exterior features: Yard Space
- Fencing: Fenced
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Bay,Water
Lot
- Size: 5,998 Square Feet
- Features: Shape Regular
Details
- Parcel number: 06413502
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mid-Century
- Property subtype: Quadruplex
Materials
- Stucco
Condition
- Year built: 1955
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Water District, Separate Meters
Green energy
- Energy efficient items: Roof
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Extinguisher, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Sausalito
Financial & listing details
- Price per square foot: $714/sqft
- Date on market: 6/12/2026
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Water
Estimated market value
$2,196,300
$2.09M - $2.31M
$6,467/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $2,250,000-5.3%$714/sqft |
Source:  BAREIS #326051446 Report a problem | ||
| 6/12/2026 | Listed for sale | $2,375,000+6.7%$753/sqft |
Source: BAREIS #326051446 Report a problem | ||
| 9/30/2025 | Listing removed | $2,225,000$706/sqft |
Source: BAREIS #325021705 Report a problem | ||
| 7/31/2025 | Price change | $2,225,000-3.2%$706/sqft |
Source: BAREIS #325021705 Report a problem | ||
| 6/6/2025 | Price change | $2,299,000-4%$729/sqft |
Source: BAREIS #325021705 Report a problem | ||
| 5/5/2025 | Price change | $2,395,000-4.2%$760/sqft |
Source: BAREIS #325021705 Report a problem | ||
| 4/4/2025 | Listed for sale | $2,499,9990%$793/sqft |
Source: BAREIS #325021705 Report a problem | ||
| 3/14/2024 | Listing removed | $2,500,000$793/sqft |
Source: BAREIS #323931050 Report a problem | ||
| 12/30/2023 | Listed for sale | $2,500,000+23.5%$793/sqft |
Source: BAREIS #323931050 Report a problem | ||
| 5/19/2021 | Sold | $2,025,000+1.5%$642/sqft |
Source: BAREIS #22027919 Report a problem | ||
| 1/22/2021 | Listing removed | -- |
Source: Local MLS Report a problem | ||
| 1/5/2021 | Contingent | $1,995,000$633/sqft |
Source: BAREIS #22027919 Report a problem | ||
| 12/17/2020 | Pending sale | $1,995,000$633/sqft |
Source: Compass #22027919 Report a problem | ||
| 11/18/2020 | Listed for sale | $1,995,000$633/sqft |
Source: Compass #22027919 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 94965
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