Six-Unit Mediterranean Apartment
For Sale
$4,250,000
516 Richardson Street, Sausalito, CA 94965
Residential Income, Sausalito, CA
Property Size5,577 SF
Lot Size0.15 Acres
Price / SF$762.06
Days on Market93
Property Features for 516 Richardson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 9, Bathroom 1, Bedroom 7, Bedroom 10, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 5, Bedroom 8, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 1
Parking
12
Parking features
Guest, On Street
Patio and Porch features
Patio, Deck
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
Lot features
Corner Lot, Cul-De-Sac, Curbs/ Gutters, Sidewalk
View
City, Water, Bridge
Elementary school district
Sausalito Marin City Schools
Middle school district
Tamalpais Union
High school district
Sausalito Marin City Schools
Directions
Bridgeway to Richardson St, corner of Richardson St and West Ct
Subdivision
Sausalito
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
Amenities
private entrances
hardwood floors
fireplaces
period details
arched walkways
clay tile accents
interconnected courtyards
common laundry facility
storage rooms
office space
Building Details
Year built
1925
Number of units
6
Flooring type
Wood
Building materials
Brick, Concrete, Stucco
Roof type
Tile, Foam
Architectural style
Mediterranean
Listing Agency:
Corcoran Icon Properties
(415) 496-2600
Listed By:
Yasmine McGrane · License #2133303
(415) 298-7775
Added: Jul 14
Changed: Sep 17
Last Checked: Oct 14 at 4:06AM
MLS# 326035729
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 six-unit apartment property comprises two Mediterranean-style buildings on a 0.1463-acre corner parcel. The 5,577-square-foot improvement was built in 1925 and includes four one-bedroom, one-bath residences and two three-bedroom, two-bath units. Individual entrances, wood flooring, fireplaces, period architectural elements, patios, decks, and interconnected courtyards contribute to the property’s character. Four garages, storage rooms, an office or flex area, and a shared laundry facility with restroom provide additional functional space. Units have separate PG&E and water meters.
Located on Richardson Street in Sausalito, the property is near the waterfront, ferry service, shops, dining, Southview Park, and Swede’s Beach. Water-oriented outlooks include views toward the Bay, city skyline, Angel Island, and Alcatraz. Public water and sewer serve the property, with tile and foam roofing, stucco, brick, and concrete construction materials. Access to San Francisco is available by ferry, bicycle, bus, or car.
Located on Richardson Street in Sausalito, the property is near the waterfront, ferry service, shops, dining, Southview Park, and Swede’s Beach. Water-oriented outlooks include views toward the Bay, city skyline, Angel Island, and Alcatraz. Public water and sewer serve the property, with tile and foam roofing, stucco, brick, and concrete construction materials. Access to San Francisco is available by ferry, bicycle, bus, or car.
Key Highlights
- Six units totaling 5,577 square feet on a 0.1463‑acre corner parcel
- Unit mix includes four 1BD/1BA residences and two 3BD/2BA units
- Four garages plus storage rooms, office/flex space, and shared laundry with restroom
Property Analytics
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Current Use
Lease Details
6
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
513
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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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building apartment property with garages, flexible support spaces, courtyards, and Bay-area views in central Sausalito.
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 $4,250,000.
What are key features of this property?
This property features: Six units totaling 5,577 square feet on a 0.1463‑acre corner parcel; Unit mix includes four 1BD/1BA residences and two 3BD/2BA units; Four garages plus storage rooms, office/flex space, and shared laundry with restroom
