16 Dutton Court, Sausalito, CA 94965
Local realty services provided by:CENTURY 21 Epic
16 Dutton Court,Sausalito, CA 94965
$1,280,000
- 4 Beds
- 2 Baths
- 1,773 sq. ft.
- Multi-family
- Active
Listed by: yasmine mcgrane
Office: corcoran icon properties
MLS#:326027686
Source:CABAREIS
Price summary
- Price:$1,280,000
- Price per sq. ft.:$721.94
About this home
Rare income-producing Sausalito property with immediate cash flow Day 1 of $8,900/month and cap rate 6.32! Tucked on a private cul-de-sac in Marin City with expansive Richardson Bay views, this newly remodeled property generates $8,900/month in current rental income, making it ideally suited for investors, 1031 exchange buyers, or future owner-occupants. The 4-bedroom, 2-bath residence is designed on two private stories, each with a separate exterior entrance, maximizing both income and versatility. The upper level lives like a single-family home, with three bedrooms, a full bath, an office/flex space, laundry, and a sunlit wraparound deck that captures east-facing water views. The lower level is a beautifully renovated one-bedroom flat with private entry, full kitchen, in-unit laundry, and a peaceful patio perfect for continued rental income, guest use, or future in-law living. Both units were recently leased at market rates to highly qualified tenants, providing immediate, stable cash flow with the option to keep as rental property or transition to owner-occupancy as leases expire in the near term. Set on a sunny, fenced lot with garage parking, the property also offers potential for ADU development in the backyard or conversion to a short-term rental (buyer to verify), enhancing future value and income potential. Minutes from downtown Sausalito and Mill Valley, with easy access to trails, dining, and commuting options to San Francisco by car, ferry, bike, or bus. A rare Marin offering combining high immediate cash flow, lifestyle appeal, and strategic flexibility for today's buyer and tomorrow's plans....
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Home facts
- Year built:1962
- Listing ID #:326027686
- Updated:September 09, 2026 at 03:47 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Simulated Wood
- Living area:1,773 sq. ft.
Heating and cooling
- Heating:Central, Natural Gas, Varies by Unit
Structure and exterior
- Roof:Shingle
- Year built:1962
- Building area:1,773 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Auto Sprinkler F&R, Cul-De-Sac, Curbs/Gutters, Garden, Landscape Back, Landscape Front, Private, Secluded, Shape Regular
- Architectural Style:Bungalow, Contemporary, Mid-Century
- Exterior Features:Fenced Yard
- Foundation Description:Combination, Concrete
Schools
- Elementary school:Sausalito Marin City Schools
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,280,000
- Price per sq. ft.:$721.94
Features and amenities
- Laundry features:In Each Unit
Parking
- Total parking spaces:3
- Parking description:Garage, Guest Parking Available, Varies by Unit
- Garage:Yes
- Garage spaces:1
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