158 Edwards Avenue Sausalito, CA 94965
MULTI_FAMILY - Craftsman - Sausalito, CA
Property Features for 158 Edwards Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
- Parking
- 1
- Parking features
- Carport, Garage
- Standard status
- Active
- APN
- 06526904
- Size
- 2,716 SF
- Lot size
- 0.10 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Water source
- Public
Building Details
- Year built
- 1902
- Floors in Building
- 3
- Number of units
- 3
- Architectural style
- Craftsman
Listing agent Susan Hewitt (415) 407-8349
Listing office Golden Gate Sotheby's International Realty 500 Drakes Landing Road, Mill Valley, CA (415) 464-9300
Listing date Jul 15, 2026
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The lower unit is a studio with high ceilings and a private courtyard. Additional property features include a historic garage, off-street parking, two laundry rooms, and storage.
The building is located in Sausalito near the waterfront, shops, and dining, with the current studio tenant-occupied.
Key Highlights
- 3‑unit triplex built in 1902 with Craftsman style and brown shingle architecture
- Studio is tenant‑occupied with current rent of $2,450/month; features high ceilings and a private courtyard
- Penthouse unit offers light‑filled living space with elevated outlooks toward the bay and Angel Island
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.5k | $51.00 |
| − Vacancy | −$8.3k | −$3.05 |
| EGI | $130.2k | $47.95 |
| − OpEx | −$39.1k | −$14.39 |
| NOI | $91.2k | $33.57 |
