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62-68 Lower Crescent Ave, Sausalito, CA 94965

$2,472,876

Last sold 02/27/2025 for $2.47M

5
bed
5
bath
3,580
Sqft ($691/Sqft)

Multi-family not for sale

About 62-68 Lower Crescent Ave

Property type Multi-family

Neighborhood

HOA fee $0/month

Lot size 9,117 Sqft

Movoto estimate

Parking 2 garage spaces

Property description

Nestled in the heart of Sausalito, this one-of-a-kind fourplex offers an extraordinary opportunity for the investor, partnership, or an owner occupant looking for additional work-from-home space or separate living for family members.Water views stretching across the Bay to San Francisco, Angel Island, the Bay Bridge, and the East Bay. This is an exceptional find for investors or those seeking multi-family living in a desirable Sausalito location. 64 Lower Crescent, the main residence. 62 Lower Crescent, an attached apartment located below the main residence, 66 and 68 Lower Crescent, a beautifully updated, detached duplex with upper and lower studio units, two car garage. Situated near Old Town Sausalito and just minutes from the iconic shoreline, offering waterfront pathways, downtown shops, renowned restaurants, the Sausalito Boardwalk, and ferry access.

Listed by

Listing Agent - Shana Rohde-Lynch

Listing Office - Compass

Source: BAREIS

MLS#325007553 • last updated 1 year ago

Movoto checked BAREIS for data 5 minutes ago

Overview
Cooling/AC	None
Heating	Central, Fireplace(s), Varies By Unit, Wall Furnace, Other, See Remarks
Levels/Style	2, Other
SqFt	3580
SubType	Quadruplex
Type	Residential Income
MLS #	325007553
Status	Closed
On Market Date	2025-01-30
Lot Size (Acres)	0.2093
Lot Size (SqFt)	9117

Interior
Laundry	Varies By Unit, Washer/Dryer Owned, Other
Flooring	Carpet, Linoleum, Slate, Tile, Wood, Other, See Remarks
Interior Features	Storage Area(s), Wet Bar
Appliances	Dishwasher, Disposal, Free Standing Freezer, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Microwave, Varies By Unit, Other, See Remarks

Exterior
Roof	Composition, Shingle, Other
# Garage Spaces	2
# Parking Spaces	4
Parking	Attached, Garage, Offsite, Varies By Unit, See Remarks
# Open Parking Spaces	2
Lot Desc	Landscape Front, Other

Amenities / Utilities
Water Source	Public
Utilities	City, Electric, Natural Gas Connected
Sewer/ Septic	Public Sewer
Security Features	Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector

Location
Area	Sausalito
County	Marin
APN	065-231-12

Multifamily Details
# of 1-BR Occupied	1
Unit 2: # Bedrooms	4
1-BR: Rent Range	$2800 - $3000
4-BR: Rent Range	$5000 - $6000
Unit 4: # of Rooms	1
Unit 2: # Full Bathrooms	2
Unit 3	66 Lower Crescent. Tastefully Updated Throughout. Inviting Kitchen. Stylish Bathroom. Sunny Patio.
Unit 4: # Full Bathrooms	1
1-BR: % Occupied	25
Unit 2: # of Rooms	8
Unit 1	62 Lower Crescent. Cozy One-bedroom Unit With A Comfortable Liv/din Rm, Kitchen & Full Bathroom.
# of Studios Occupied	1
Unit 1: # Full Bathrooms	1
Unit 4	68 Lower Crescent. Panoramic Views Of The Bay, SF, Bay Bridge, Angel Island. Tastefully Updated.
Unit 2	64 Lower Crescent. 4 Bed, 2 Baths, Office, Light-filled Living Spaces, Views Of The Bay.
Unit 3: # Full Bathrooms	1
Unit 3: # of Rooms	1
Unit 1: # Bedrooms	1
Unit 1: # of Rooms	3
# of Units	4
# of 4-Bedroom Units	1
# of 1-Bedroom Units	1
# of Studio Units	2
Total # of Buildings	2
Separate Meters	Electricity, Gas, Varies By Unit, Water
Tenant Pays	Cable TV, Electricity, Gas, Trash Collection, Water, Other, See Remarks
Gross Scheduled Income $	166800
Cap Rate	3.61