Remodeled Quadplex with Bay
For Sale
$4,250,000
112 Glen Dr, Sausalito, CA 94965
Four separate units offer private entrances, deck areas, designer kitchens, and individual laundry facilities.
Property Size4,218 SF
Days on Market57
Property Features for 112 Glen Dr
General Information
Standard status
Active
Size
4,218 SF
Property subtype
Investment
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Amenities
in-unit washer/dryer
private entrance
deck
hardwood floors
designer kitchen
stainless steel appliances
modern bathrooms
basement storage
tasteful landscaping
circular driveway
Building Details
Building Size
4,218 SF
Year Renovated
2017
Units
4
Listed By:
Nadine Greenwood&Camara Scremin Team
(415) 203-7050
Source:
Elliman
Added: Aug 19
Changed: Oct 1
Last Checked: Oct 12 at 9:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nadine Greenwood&Camara Scremin Team
Investment Insights
Based on property information with market context.
This quadplex contains four distinct units, each with a private entrance, dedicated deck space, and its own washer/dryer. A ground-up remodel completed in 2017 introduced new or restored elements throughout, including hardwood flooring, contemporary kitchens with stainless steel appliances, modern bathrooms, and individual basement storage closets. One unit is suited to an owner-occupant.
The property overlooks Richardson's Bay and includes a sweeping circular driveway with ample parking and landscaped grounds. Its Glen Drive setting is near Caledonia Street cafes and boutiques, with access to ferry and bus lines serving San Francisco.
The property overlooks Richardson's Bay and includes a sweeping circular driveway with ample parking and landscaped grounds. Its Glen Drive setting is near Caledonia Street cafes and boutiques, with access to ferry and bus lines serving San Francisco.
Key Highlights
- Four‑unit configuration with separate private entrances
- Ground‑up remodel completed in 2017
- Each unit includes dedicated deck space and a washer/dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,578
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,831,560
$2.8M
Cap Rate 7%
$2,022,543
$2.0M
Cap Rate 9%
$1,573,089
$1.6M
Market Conditions
NOI Build-Up for 4,218 SF
Gross rent
$215.1K $51.00/SF
− Vacancy
−$12.9K −$3.05/SF
EGI
$202.3K $47.95/SF
− OpEx
−$60.7K −$14.39/SF
NOI
$141.6K $33.57/SF
Area
Marin County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,831,560
Cap Rate 7%
$2,022,543
Cap Rate 9%
$1,573,089
Alternative Uses
Best Use
Multifamily LT 5
$2.02M
$1.77M – $2.36M
NOI $141,578 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$872.9K
$763.8K – $1.02M
NOI $61,102 @ 7.0% cap · market cap 1.44%
Theoretical Best
Specialty Retail
$20.60M
$18.03M – $24.04M
NOI $1,442,224 @ 7.0% cap · market cap 33.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
Explore this area
Business Placement
Demographics for 94965, CA
11,447
Population
6,797
Households
1.7
Avg Household Size
50
Median Age
65%
College-Educated
93%
High-School Grad
14.6 sq mi
ZIP Area
784
Density / Sq Mi
$140,417
Median Household Income
$84,023
Median Earnings
$2,952
Median Rent
$1,492,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate units offer private entrances, deck areas, designer kitchens, and individual laundry facilities.
Where is this quadplex located?
The property is located at 112 Glen Dr Sausalito, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Four‑unit configuration with separate private entrances; Ground‑up remodel completed in 2017; Each unit includes dedicated deck space and a washer/dryer
