507 Easterby Street

507 Easterby Street

Available

Sausalito, CA 94965

$1,995,000 Marketing Sheet

The Gustavson Group of Compass Commercial is please to annouce the exclusive listing of four units, just across the street from the San Francisco Bay in beautiful Sausalito, California.  Just minutes across the Golden Gate Bridge from San Francisco, Sausalito is both a world-renowned tourist destination and an incredible place to call home. Once known for its bohemian community, many of whom lived in the houseboats that are still clustered along its waterfront, today Sausalito retains much of its old school charm. It also has a deserved reputation as an upscale, close-in alternative to the City, with an almost Mediterranean flair. You’ll discover amazing views of San Francisco, amazing hiking and biking trails from the Marin Headlands to Muir Woods. Sausalito is known for its luxe accommodations, acclaimed chefs at farm-to-table restaurants, and art galleries.  Don’t forget about all the on-the-water experiences. Sausalito is the ideal destination for sailing and kayaking around the San Francisco Bay.

Sausalito is also a business base for small, entrepreneurial companies doing business in San Francisco or Silicon Valley due to its proximity to these business centers and the more favorable ambiance of a small waterfront community. The most popular employers in Sausalito are Heath Ceramics and Aperio Group. And of course there are the houseboats—some four hundred floating homes where you can find anything from a cozy little shack-for-one to a multi-level floating mansion with hot tub and helicopter landing pad.

Cap Rate: 3.41% NOI: $68,078 Livable Sq. Ft: 2,500

Built in 1913 4 units Lot Sq. Ft: 5,000

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