Two-Unit Hillside
For Sale
$2,395,000
Pending
132 Filbert Avenue, Sausalito, CA 94965
Two separate residences pair bay-facing outdoor space with a location near downtown Sausalito.
Property Size2,576 SF
Days on Market36
Property Features for 132 Filbert Avenue
General Information
Standard status
Pending
Size
2,576 SF
Property subtype
Duplex
Building Details
Year Built
1951
Listing Agency:
Compass
(415) 380-6100
Listed By:
Linda Tull · License #DRE #01703883
(415) 233-0125
Source:
Somorealty
Added: Oct 2
Changed: Nov 5
Last Checked: Nov 5 at 6:57AM
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 Compass
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Investment Insights
Based on property information with market context.
Built in 1951, this 2,576-square-foot duplex has two residences: an upper 2-bedroom, 1-bath unit and a lower 1-bedroom, 1-bath flat. The upper home includes a kitchen, living and dining areas, fireplace, walk-in closet, in-unit washer and dryer, and an additional room currently used as an art studio. A deck extends from the kitchen. The lower residence has a full kitchen, fireplace, washer and dryer, and sliding-door access to a private terrace and backyard. Both units have views of Richardson Bay.
The property sits on a hillside in Sausalito, a few blocks from downtown and shops and restaurants on Caledonia Street. The lot includes level areas, and parking includes one off-street space. Ferry service to San Francisco is identified as a commuting option.
The property sits on a hillside in Sausalito, a few blocks from downtown and shops and restaurants on Caledonia Street. The lot includes level areas, and parking includes one off-street space. Ferry service to San Francisco is identified as a commuting option.
Key Highlights
- Two‑unit duplex totaling 2,576 square feet
- Upper residence: 2 bedrooms, 1 bathroom, deck, fireplace, and in‑unit laundry
- Lower residence: 1 bedroom, 1 bathroom, full kitchen, fireplace, and private terrace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,464
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,729,280
$1.7M
Cap Rate 7%
$1,235,200
$1.2M
Cap Rate 9%
$960,711
$960.7K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$131.4K $51.00/SF
− Vacancy
−$7.9K −$3.05/SF
EGI
$123.5K $47.95/SF
− OpEx
−$37.1K −$14.39/SF
NOI
$86.5K $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%
$1,729,280
Cap Rate 7%
$1,235,200
Cap Rate 9%
$960,711
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,464 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$533.1K
$466.5K – $621.9K
NOI $37,316 @ 7.0% cap · market cap 1.56%
Theoretical Best
Specialty Retail
$12.58M
$11.01M – $14.68M
NOI $880,789 @ 7.0% cap · market cap 36.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,615
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences pair bay-facing outdoor space with a location near downtown Sausalito.
Where is this duplex located?
The property is located at 132 Filbert Avenue Sausalito, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,576 square feet; Upper residence: 2 bedrooms, 1 bathroom, deck, fireplace, and in‑unit laundry; Lower residence: 1 bedroom, 1 bathroom, full kitchen, fireplace, and private terrace
