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Residential Income Duplex with Deck

16 Dutton Court Sausalito, CA 94965

New
16 Dutton Court, Sausalito, CA, 94965
$1,280,000
For Sale
Claim this Listing
$1,280,000

MULTI_FAMILY - Bungalow, Contemporary - Sausalito, CA

Property Size1,773 SF
Lot Size0.20 Acres
Price / SF$721.94
AddedJul 11
Days on Market4
Last RefreshJul 14 at 7:06 pm

Property Features for 16 Dutton Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
Parking
3
Parking features
Guest, Garage
Window features
Screens, Double Pane Windows
Patio and Porch features
Deck, Patio
Exterior features
Private Yard
Appliances
Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Ice Maker, Microwave, Self Cleaning Oven, Tankless Water Heater, Varies By Unit
Standard status
Active
APN
05213024
Size
1,773 SF
Lot size
0.20 Acres

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Water source
Public

Building Details

Year built
1962
Number of units
2
Flooring type
Simulated wood
Roof type
Shingle
Architectural style
Contemporary, Bungalow

Listing agent Yasmine McGrane License #2133303

Listing office Corcoran Icon Properties 100 Drakes Landing Road, San Francisco, CA

Listing date Jul 11, 2026

MLS# 326027686 Listing URL

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.

This recently remodeled residential income duplex features two private levels, each with a separate exterior entrance. The upper level functions like a single-family layout with three bedrooms, a full bath, an office/flex space, laundry, and a wraparound deck. The lower level is a renovated one-bedroom flat with a private entry, full kitchen, in-unit laundry, and a patio.

The property is set on a sunny, fenced lot with garage parking and is positioned on a private cul-de-sac. Current rental income is reported at $8,900 per month with a stated cap rate of 6.32%.

The total configuration supports flexible tenancy, with both units described as recently leased. Buyer to verify any future uses, including potential ADU development in the backyard or other operational options.

Key Highlights

  • Immediate rental income reported as $8,900/month with a 6.32% cap rate (per public remarks).
  • 4‑bedroom, 2‑bath residence on two private stories with separate exterior entrances for the upper and lower levels.
  • Upper level: 3 bedrooms, full bath, office/flex space, laundry, and a wraparound deck with east‑facing water views.

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 $90.4k $51.00
− Vacancy −$5.4k −$3.05
EGI $85.0k $47.95
− OpEx −$25.5k −$14.39
NOI $59.5k $33.57
1,773 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$850.2K
$743.9K – $991.9K (±1% cap)
NOI $59,511 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$366.9K
$321.1K – $428.1K (±1% cap)
NOI $25,684 @ 7.0% cap · market cap 2.01%
Theoretical Best
Specialty Retail
$8.66M
$7.58M – $10.10M (±1% cap)
NOI $606,226 @ 7.0% cap · market cap 47.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Veterinary Clinic Computer & Electronic Repair Locksmith Tanning Salon Pet Store Discount Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-level residence with separate exterior entrances, recently remodeled units, fenced lot, and garage parking.
Where is this duplex located?
The property is located at 16 Dutton Court Sausalito, CA.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Immediate rental income reported as $8,900/month with a 6.32% cap rate (per public remarks).; 4‑bedroom, 2‑bath residence on two private stories with separate exterior entrances for the upper and lower levels.; Upper level: 3 bedrooms, full bath, office/flex space, laundry, and a wraparound deck with east‑facing water views.
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