506-508 Spring St

3,152 Sq. Ft.
$753 / Sq. Ft.
3,152
Sq. Ft.
$753
per Sq. Ft.

Description

Investment Opportunity in the Heart of Sausalito! Discover a legacy building offering four well-maintained 1BR/1BA units, each with a deck. Every unit has been upgraded over the years with newer kitchens and baths, fresh paint within the last three years, and floors that have been refinished or newly installed. Residents enjoy four covered parking spaces plus four additional tandem, uncovered spots, along with private in-unit laundry and dedicated storage for each home. The large shared backyard...Investment Opportunity in the Heart of Sausalito! Discover a legacy building offering four well-maintained 1BR/1BA units, each with a deck. Every unit has been upgraded over the years with newer kitchens and baths, fresh paint within the last three years, and floors that have been refinished or newly installed. Residents enjoy four covered parking spaces plus four additional tandem, uncovered spots, along with private in-unit laundry and dedicated storage for each home. The large shared backyard is perfect for relaxing or hosting a weekend BBQ. Ideal for owner-occupants and investors alike, all four units are currently rentedthree on flexible month-to-month terms. There's also exciting upside potential with possible ADU and/or condo conversion (buyer to verify). Unbeatable location: one block to the bus, a 15-minute stroll to the ferry, and quick access to San Francisco via Highways 101 and 580. Surrounded by Sausalito's beloved restaurants and shopsand some of the best views in all of Marin.

Listing Agents

  1. Katie Wigington

    Katie Wigington

    Listing Agent

    Compass

    DRE #01907619

    P: (415)-827-3626

  2. Charles Taylor

    Charles Taylor

    Alternative Listing Agent

    Compass

    DRE #01492899

    P: (415)-720-3267

Property Details for 506-508 Spring Street

Architectural Style
Mid-Century
View Description
Bay, Varies by Unit, Water
Cross Street
Bridgeway
Total Parking Spaces
8
LISTING UPDATED: 06/18/2026 07:48 PM

Property Details for 506-508 Spring Street

StatusActive
MLS #326051446
Days on Compass16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1955
Lot Size0.14 AC / 5,998 SF
CountyMarin County

Location

Listing Courtesy of Compass, Katie Wigington, DRE #01907619; Compass, Charles Taylor, DRE #01492899
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Building Information for 506-508 Spring Street

Stories-Residences-Year Built1955Building Size-Lot Size0.14 AC / 5,998 SF

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Property Information for 506-508 Spring Street

Summary
Location and General Information
  • Area/District: Sausalito
  • Area Short Display: A2400
  • Directions to Property: Bridgeway to Spring
  • Area Long Display: Sausalito
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 064-135-02
Parking
  • Parking Features: Covered, Uncovered
  • Carport Spaces: 4
  • Garage Spaces: 0
  • Open Parking Spaces: 4
  • Covered Spaces: 4
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 4
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 3152.0
  • Square Footage Source: Owner
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Not Verified
  • Lot Size Square Feet: 6000.0
  • Lot Features: Shape Regular
  • Property Condition: Varies by Unit
Property and Assessments
  • Security Features: Carbon Mon Detector, Fire Extinguisher, Smoke Detector
  • Senior Community: No
  • Picture Count: 19
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Construction Materials: Stucco
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 0.0
Green Features
  • Energy Efficient: Roof
Utilities
  • Sewer: Sewer Public
  • Water Source: Water District
  • Separate Meters: Electricity, Gas, Water
Interior and Exterior Features
Exterior Features
  • Levels: Two
  • Exterior Features: Fenced Yard, Yard Space
  • Patio And Porch Features: Balcony/Deck
  • # of Floors: 0
Interior Features
  • Heating: Wall Furnace
  • Cooling: None
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms: 4.0
  • Bedrooms: 4
  • Flooring: Varies by Unit
  • Appliances: Disposal, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater, Varies By Unit, See Remarks
  • Laundry Features: Laundry Closet
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Rent Range: 2900-3225
  • 1 Bedroom Annual Occupancy: 100.00%
  • # of 1 Bedrooms Occupied: 4
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Rent Range: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $143,700.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 1
  • # Of Units Total: 4
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Description: 506A tenant occupied 788 sf 1B/1BA, lease expires: August 14th 2025
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 2
  • Unit 1 Approx SqFt: 788
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: Tenant occupied M/M 788 sf 1B/1BA, kitchen living /dining - Currently month to month
  • Unit 2 Full Baths: 1
  • Unit 2 # of Rooms: 2
  • Unit 2 Approx SqFt: 788
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: Tenant Occupied: 788 sf 1B/1BA, kitchen living /dining - Leased thru December 14th 2025
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 2
  • Unit 3 Approx SqFt: 788
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Description: tenant lease 788 sf 1B/1BA, kitchen living /dining - Currently month to month
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 2
  • Unit 4 Approx SqFt: 788
  • Unit 4 Type: Apartment

Property History for 506-508 Spring Street

DateEvent & SourcePriceAppreciation
Jun 12, 2026

Listed (Active)

REBAREIS #326051446

$2,375,000
Sep 30, 2025

Withdrawn

REBAREIS #325021705

$2,225,000
Jun 6, 2025

Price Change

REBAREIS #325021705

$2,299,000
DateEvent & SourcePrice
06/12/2026

Listed (Active)

REBAREIS #326051446

$2,375,000
09/30/2025

Withdrawn

REBAREIS #325021705

$2,225,000
06/06/2025

Price Change

REBAREIS #325021705

$2,299,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 506-508 Spring Street

This home is within Tamalpais Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Dr. Martin Luther King Jr. Academy
PublicK to 8

Tamalpais High School
Public9 to 12

Tamiscal High (Alternative) School
Public9 to 12

San Andreas High (Continuation) School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

506-508 Spring Street is a multi-family home for sale in Sausalito, CA 94965. This property was listed for sale on June 12, 2026 by Compass, it's currently listed at $2,375,000. It has been on the market for a total of 16 days and was last sold on May 19, 2021. This listing's school districts are Sausalito Marin City School District, Tamalpais Union High School District. Nearby schools include Dr. Martin Luther King Jr. Academy, Tamalpais High School and Tamiscal High (Alternative) School. 506-508 Spring Street is a 4-bed, 4-bath, 3,152 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Katie Wigington, DRE #01907619; Compass, Charles Taylor, DRE #01492899

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.