Movoto Real Estate
Sold on 07/25/2024

516-518 Olive St, Sausalito, CA 94965

$3,250,000

Last sold 07/25/2024 after 17 Days

  • 4

    bed

  • 6

    bath

  • 3,423

    Sqft ($949/Sqft)

Multi-family not for sale

About 516-518 Olive St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 6,098 Sqft
Parking 3 garage spaces
Property description
Welcome to a unique multi-unit opportunity in Sausalito. The main residence is 516 Olive, designed by John Carden Campbell of Campbell & Wong Architects in 1972. It has been thoughtfully updated, there are 2 BRs, 2 BAs, office area w/laundry + 2-car garage. Primary suite opens to a courtyard & garden. Upper level is a spectacular open concept with 12-ft ceilings & huge windows w/views of Richardson Bay & Angel Island, beautiful built-ins, designer kitchen, front deck & rear patio for seamless indoor-outdoor living. With a blend of history & modern amenities, all the units interiors were extensively remodeled from 2012-2023, along with exterior landscaping, gardens & driveways. Adjacent is 518 Olive, an old fishing cottage that has been transformed into a chic 2-BD, 1-BA w/1-car garage. It features a remodeled kitchen, upgraded bath, new deck, fenced yard, high ceilings, wood-burning stove and bay views. 516A Olive is a legal ADU converted from an art studio w/full kitchen, full bath, laundry & private patio, a hip inspirational space. Ideally located with quick access to freeways & town to enjoy the Sausalito lifestyle. Whether seeking a multifamily compound or a primary residence with supplemental rental income, this opportunity offers timeless appeal.
Listed by
Listing Agent - Eckart Noack
Listing Office - Golden Gate Sotheby's International Realty
Source: BAREIS mls logo
MLS#324053374 • last updated 2 years ago
Movoto checked BAREIS for data 8 minutes ago
Overview
Cooling/AC None
Heating Central
Levels/Style 0, Contemporary, Other
SqFt 3423
SubType Other
Type Residential Income
MLS # 324053374
Status Closed
On Market Date 2024-07-08
Lot Size (Acres) 0.14
Lot Size (SqFt) 6098
Interior
Laundry In Each Unit
Exterior
Foundation Concrete Perimeter
Roof Bitumen, Shingle, Wood
# Garage Spaces 3
# Parking Spaces 5
Parking Garage, Side-by-Side
# Open Parking Spaces 2
Lot Desc Auto Sprinkler F&R, Landscape Back
Amenities / Utilities
Water Source Water District
Sewer/ Septic Public Sewer
Security Features Security System Owned
Location
Area Sausalito
County Marin
APN 064-131-06
Multifamily Details
Unit 2: # Bedrooms 2
Unit 2: # Full Bathrooms 2
Unit 3 Cool ADU Converted From An Art Studio W/full Kitchen, Full Bath, Laundry & Patio.
Unit 2: # of Rooms 4
Unit 1 1972 Campbell & Wong Design. Stunning Elegant Contemporary. 12' Ceilings, Views, Decks, Garage.
2-BR: Rent Range 4000 - 6500
Unit 1: # Full Bathrooms 2
Unit 2 Hip Reimagined Cottage With Views, Deck, Garage And Yard
Unit 3: # Full Bathrooms 1
Unit 1: # Bedrooms 2
Unit 1: # of Rooms 5
Unit 2 Partial Baths 1
# of Units 3
# of 2-Bedroom Units 2
# of Studio Units 1
Total # of Buildings 3
We are not permitted to show value estimates for this property.
  • 516-518 Olive St
    $3.25M
  • Spring Street Valley
    — -100% y/y
  • 94965
    $1.59M +17% y/y
  • Sausalito
    $1.29M -24% y/y
No chart available
Statistics calculated by Movoto

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9/10
Source: GreatSchools.org © 2026. All rights reserved.

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