124 Woodward Avenue, Sausalito, CA 94965, Sausalito, 94965 - 4 bed, 2 bath
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Sausalito, CA 94965
This Duplex Residential Asset is a Strong Value Opportunity, listed at $1,595,000—positioned well below the $1,776,480 Fair Market Value by 10%. This valuation gap offers $181,480 in Instant Equity. Featuring an Impeccably Maintained Condition Rating, the property includes Updated Kitchens, Private View Decks, and Richardson Bay Views. With the upper unit vacant and ready for occupancy, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand Sausalito location with immediate income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 Woodward Avenue Subject | $1,495,000* List Price | 4 | 2 | 1,800 | $962 | - |
A 134 Crescent Avenue Sold | $1,800,000 | 4 | 2 | 1,735 | $1,037 | 0.9 mi |
B 650 Main Street Pending | $1,899,000 List Price | 3 | 3 | 1,840 | $1,032 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This duplex is in move-in ready condition and has been impeccably maintained. The kitchens have been updated with modern white shaker-style cabinetry, stone countertops, and stainless steel appliances. The bathrooms feature contemporary vanities, updated lighting, and modern fixtures. While the property is over 50 years old, the interior renovations to the living areas, including the flooring and paint, are recent enough to meet current aesthetic standards without requiring immediate capital improvement.
This duplex offers a rare opportunity for an owner-occupant to live in the vacant upper unit while generating immediate income, or for an investor to capitalize on the $4,000/month projected rent in a high-demand area.
Situated in the desirable Spring Valley neighborhood, the property boasts lovely views of Richardson Bay and sits directly across from Langendorf Park, providing exceptional access to Sausalito's waterfront lifestyle.
The property has been impeccably maintained and features updated kitchens with modern appliances, separately metered utilities, and private view decks that enhance the living experience for both units.
The lower unit is occupied by a long-term tenant, which may limit immediate rental upside to market rates or restrict a buyer's ability to perform comprehensive renovations on the entire building.
While the property includes laundry and storage, these facilities are shared between the two units, which can be a drawback for high-end tenants or owners seeking complete privacy.
Experience the quintessential coastal lifestyle in Sausalito's highly desirable Spring Valley neighborhood with this impeccably maintained duplex, a rare offering held by the same family for over 50 years, that seamlessly blends historic charm with thoughtful modern upgrades, all while boasting lovely views of Richardson Bay. This property is defined by its versatile living options across two identical units (Upper 124 / Lower 122), each featuring bright 2 bedroom/one bathroom open floor plans, a cozy fireplace, and spacious living areas that flow directly into private view decks, with updated kitchens in both units that include a breakfast bar and modern appliances such as a dishwasher and built-in microwave, plus a gas range in the lower Unit 122. Residents benefit from exceptional convenience with additional amenities like shared laundry facilities, dedicated off-street parking, and secure storage for each unit, all situated in an iconic community with unbeatable connectivity to the Bay Area and easy access to Sausalito's vibrant waterfront amenities, including Schoonmaker Beach and nearby green spaces like Langendorf Park (located directly across the street) and Dunphy Park, making it an ideal opportunity for an owner-occupant or investor, especially since the Upper Unit (124) is ready for immediate occupancy- projected rent is $4k/mo. Utilities are separately metered. Lower unit (122) is occupied by long term tenant (please do not disturb).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,800 | 1,880 | 44% |
| Lot Size | 5,423 | 5,602 | 33% |
| Price | $1.50M | $2.34M | 33% |
| Price per sq ft | $831 | $1.2K | 22% |
| Built year | 0 | 1948 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 151 | 11% |
May 21, 2026
$1,495,000
$1,595,000
-6% Price Drop
Initial Listing
Apr 7, 2026
$1,595,000
Initial Listing