Sausalito, CA 94965,138 Buchanan DR
Listed by Erich M Reichenbach • Marcus & Millichap Real Estate Investment Services, Inc.
Bought with Arezou Shadabadi • Engel & Voelkers San Francisco

$1,487,500

$1,695,000

12.2%
Est.Price: ?

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Est. payment /mo

3,300 Beds

4 Baths

3,000 SqFt


SOLD DATE : 11/19/2025

Key Details

Sold Price $1,487,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $495

MLS Listing ID 325074416

Sold Date 11/19/25

Bedrooms 3300

Construction Status Fixer,Original

HOA Y/N No

Year Built 1960

Lot Size 5,314 Sqft

Property Sub-Type Duplex

Property Description

**NEW PRICING** The subject property offers a compelling value-add opportunity in the heart of Sausalito, one of the Bay Area's most supply-constrained and prestigious rental submarkets. Built in 1960 and situated on a 0.12-acre parcel, this two-unit property consists of spacious 3-bedroom, 2-bathroom floor plans with private outdoor spaces, on-site laundry, and off-street parking. The units offer significant upside through cosmetic and systems upgrades, interior renovations, and common area enhancements. The property is ideally suited for repositioning, capital improvements could command premium market rents in a high-demand tenant pool seeking updated housing in this prime hillside location. In addition, the lot may support the development of an Accessory Dwelling Unit (ADU), subject to local approvalsoffering further long-term income potential. There are excellent views from both units and all units have fireplaces. 138-140 Buchanan is located on a 5,227 square foot lot, with approximately. 3,000 square feet of living space. Buchanan Drive provides both value-add multifamily buyers and contractors an excellent opportunity to upgrade a duplex in Sausalito, one of Marin County's best neighborhoods.

Location

State CA

County Marin

Area Sausalito

Interior

Heating Central

Cooling None

Exterior

Parking Features Carport

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Public

Construction Status Fixer,Original

Others

Special Listing Condition Offer As Is

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Katie Yearnshaw And Kris Chun

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