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  • $3,250,000

    516 - 518 Olive Street, Sausalito, CA 94965

    4beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $3,389,400 Zestimate®
    $--/sqft
    $6,056 Estimated rent

    Home value

    $3,389,400

    $3.02M - $3.83M

    $6,056/mo

    Zestimate® history
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    $20,750/mo

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    What's special

    Welcome to a unique multi-unit opportunity in Sausalito. The main residence is 516 Olive, designed by John Carden Campbell of Campbell & Wong Architects in 1972. It has been thoughtfully updated, there are 2 BRs, 2 BAs, office area w/laundry + 2-car garage. Primary suite opens to a courtyard & garden. Upper level is a spectacular open concept with 12-ft ceilings & huge windows w/views of Richardson Bay & Angel Island, beautiful built-ins, designer kitchen, front deck & rear patio for seamless indoor-outdoor living. With a blend of history & modern amenities, all the units interiors were extensively remodeled from 2012-2023, along with exterior landscaping, gardens & driveways. Adjacent is 518 Olive, an old fishing cottage that has been transformed into a chic 2-BD, 1-BA w/1-car garage. It features a remodeled kitchen, upgraded bath, new deck, fenced yard, high ceilings, wood-burning stove and bay views. 516A Olive is a legal ADU converted from an art studio w/full kitchen, full bath, laundry & private patio, a hip inspirational space. Ideally located with quick access to freeways & town to enjoy the Sausalito lifestyle. Whether seeking a multifamily compound or a primary residence with supplemental rental income, this opportunity offers timeless appeal.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eckart Noack DRE #01213357 415-215-4187,

    Golden Gate Sotheby's Internat 415-331-9000,

    Colleen M Madden DRE #01400989 415-497-5170,

    Golden Gate Sotheby's

    Bought with:

    Beth F Brody, DRE #00657511

    Compass

    Source: BAREIS,MLS#: 324053374MLS LogoOriginating MLS: Marin County

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • Partial bathrooms: 1
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: In Unit
    Features
    • Unit 1 - Beds: 0, Baths: 0, Square Footage: 3423 | Unit 2 - Beds: 4, Baths: 6, Square Footage: 3423 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 3423 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 3423
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage, Side By Side
    • Garage spaces: 3
    • Uncovered spaces: 2
    Features
    • Has view: Yes
    • View description: Bay, City Lights, Water
    • Has water view: Yes
    • Water view: Bay,Water
    Lot
    • Size: 6,098 Square Feet
    • Features: Auto Sprinkler F&R, Landscape Back
    Details
    • Parcel number: 06413106
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary,Other
    • Property subtype: Multi Family
    Materials
    • Shingle Siding, Wood, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Bitumen,Shingle,Wood

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Water District

    Community & HOA

    Community
    • Security: Security System Owned
    HOA
    • Has HOA: No
    Location
    • Region: Sausalito

    Financial & listing details

    • Date on market: 7/8/2024

    Price history

    DateEventPrice
    8/8/2024Sold$3,250,000-7.1%
    Source: BAREIS #324053374 Report a problem
    7/25/2024Pending sale$3,500,000
    Source: BAREIS #324053340 Report a problem
    7/8/2024Listed for sale$3,500,000
    Source: BAREIS #324053340 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 94965

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,389,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,389,400