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Listing Summary
Listing
#323918475
$1,680,000 (LP)
$1,625,000 (SP)
SP % OP
:
90.78
720 Spring St, Sausalito, CA 94965-1728
Closed
(01/04/24)
Bedrooms
:
5
Bathrooms
:
4 (3 1) (FP)
SqFt:
2800*
Lot Size Acres:
0.1377*
Area/District
:
A2400
Yr
:
1960
Senior Community:
No
Remarks
Amazing investment fixer opp with exceptional views of the Sausalito Bay! Two homes with 3 units on the same lot. Sitting on a quiet dead end corner of Spring and Gordon streets in Woodward Valley. 720 Spring Street is a '40s era 2bd 1bth summer cottage about 725 sqft, has views of the Bay from the livingroom and porch, a large back deck with an enclosed washer dryer, can be expanded to ADU 1000 sqft, and the tenants pay $3,500. 8 Gordon is a '60s era 2-story house that was made into a duplex: 8A is the vacant upstairs 2bd 1.5bth with a beautiful expansive view and separate garage that rented for $4,400. This prime unit could be updated and expanded to create a large master suite. 8B is the lower and large 1bd unit that has been freshly remodeled and rented for $1,500. Both two units have their own W/D but share utilities. The property has a lot of deferred maintenance including replacing the sewer laterals.
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Directions to Property
Bridgeway, take right on Spring before 7-11; go almost to the top. 8B Gordon and 720 Spring (the cottage) are occupied and require notice.
Remarks
Agent and Office Information
Agent
Jake Baker
Primary:415-847-2670 Lic: 01350284
Office
Mark "Jake" BAKER, Broker
Phone: 415-847-2670, FAX: 866-305-6488 Office Lic: 01350284
Number of Offers
1
Price, Dates and Commissions
Broker Co-op
Broker Co-op
2.5
Property Information
ADU/2nd Unit
Yes
Subtype Description
Attached, Detached
Senior Community
No
Approx SqFt
2,800*
SqFt Source
Assessor Auto-Fill
Price / SqFt
580.36
Lot Sq Ft
(
approx
)
5,998*
Lot Acres
(
approx
)
0.1377
Bedrooms
5
Bathrooms
(FP)
4 (3 1)
# of Rooms
10
Year Built
1960
Year Built Source
Assessor Auto-Fill
Stories
2
Levels
Two
Special Listing Conditions
Notice Of Default, Offer As Is
Property Condition
Original
Property Location
County
Marin
Cross Street
Bridgeway
Area/District
Sausalito
Subdistrict
Interior Information
# of Fireplaces
2
Fireplace Features
Family Room, Free Standing, Living Room, Wood Burning
Cooling
MultiUnits
Heating
MultiUnits
Laundry Features
Dryer Included, In Garage, In Kitchen, Washer Included, Washer/Dryer Stacked Included, See Remarks
Room Information
Entry Level
0
Main Level
Bedroom(s), Full Bath(s), Kitchen, Living Room, Primary Bedroom
Upper Level
Bedroom(s), Full Bath(s), Kitchen, Living Room, Primary Bedroom, Partial Bath(s)
Construction Information
Remodeled/Updated
No
Utilities
Cable Available, Internet Available, Public
Water Source
Public
Sewer
Public Sewer
Parking Information
Garage Spaces
1
Total Parking Spaces
4
Carport Spaces
0
Open Parking Spaces
0
Parking Features
Garage Facing Front, Uncovered Parking Spaces 2+
Lot Information
Lot Features
Corner, Garden, Private
View Description
Bay, Water
Topography
Downslope
Road Surface Type
Paved
Road Responsibility
Public Maintained Road
Outdoor Information
Pool
No
Association Information
Association
No
# of Units
3
School Information
School District (County)
Marin (Elementary School District: Sausalito Marin City Schools)
Green Information
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Terms
Owner May Carry 2nd
Possession
Close Of Escrow, Subject To Tenant Rights
2nd Unit Information
2nd Unit Bedrooms
1
2nd Unit Description
Small Inlaw 1 bd
2nd Unit Full Baths
1
2nd Unit Partial Baths
0
2nd Unit Kitchen
Yes
2nd Unit Type
Attached
2nd Unit Private Entry
Yes
Other Listing Information
Parking Fee $
$
0.00
Mortgage Info
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