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Mediterranean Multifamily with Garages

516 Richardson Street Sausalito, CA 94965

New
516 Richardson Street, Sausalito, CA, 94965
$4,500,000
For Sale
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$4,500,000

MULTI_FAMILY - Mediterranean - Sausalito, CA

Property Size5,577 SF
Lot Size0.15 Acres
Price / SF$806.89
AddedJul 14
Days on Market1
Last RefreshJul 14 at 8:06 pm

Property Features for 516 Richardson Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
5
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 9, Bedroom 10, Bathroom 5, Bedroom 8, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 6
Parking
12
Parking features
On Street, Guest
Patio and Porch features
Deck, Patio
Exterior features
Private Yard, Yard Space
Fireplace
1
Appliances
Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Varies By Unit
Standard status
Active
APN
06523311
Size
5,577 SF
Lot size
0.15 Acres

Utilities

Sewer type
Public Sewer
Heating system
Fireplace(s), Wall Furnace, Natural Gas
Water source
Public

Building Details

Year built
1925
Number of units
6
Flooring type
Wood
Building materials
Brick, Concrete, Stucco
Roof type
Foam, Tile
Architectural style
Mediterranean

Listing agent Yasmine McGrane License #2133303

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

Listing date Jul 14, 2026

MLS# 326035729 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.

Mediterranean-style multifamily property set on a corner lot featuring two circa-1920 buildings on a single parcel. The property includes six units: four upper 1BD/1BA residences and two middle-level 3BD/2BA units. Common features referenced in the offering include arched walkways, clay tile accents, interconnected courtyards, private entrances, hardwood floors, and fireplaces, with many units described as having east-facing water views. Each unit is separately metered for PG&E and water.

The grounds also include four garages, storage rooms, and a dedicated office/flex space, along with a common laundry facility with a restroom. The property is described as being located just blocks from Sausalito’s waterfront, ferry, shops, dining, Southview Park, and Swede’s Beach, with access to San Francisco by ferry, bike, bus, or car.

Offered as a residential income property in Sausalito, the building configuration provides both unit housing and substantial garage and office/flex space on-site.

Key Highlights

  • Mediterranean‑style property built in 1925: two circa‑1920 buildings on one parcel with 6 units
  • Unit mix: four 1BD/1BA upper residences and two 3BD/2BA middle‑level units
  • Separate metering for PG&E and water (each unit separately metered)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Pharmacy Bakery Grocery & Convenience Store Barber Shop Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center Cafe & Coffee Shop Auto Parts Store

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

FAQs

What type of property is this?
Apartment building - Two circa-1920 buildings totaling six units on a corner lot, with four garages and separately metered utilities.
Where is this apartment building located?
The property is located at 516 Richardson Street Sausalito, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Mediterranean‑style property built in 1925: two circa‑1920 buildings on one parcel with 6 units; Unit mix: four 1BD/1BA upper residences and two 3BD/2BA middle‑level units; Separate metering for PG&E and water (each unit separately metered)
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