124 Woodward Avenue, Sausalito, CA 94965, Sausalito, 94965 - 0 bed, 0 bath
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Sausalito, CA 94965
This Residential Income Duplex represents a Strong Value Opportunity, listed at $1,595,000, which is priced in line with the $1,582,214 Fair Market Value. Featuring an Excellent Condition Rating with modern kitchen upgrades and unobstructed Richardson Bay views, the property offers immediate rental income potential from the vacant upper unit. With its prime Spring Valley location and proximity to Langendorf Park, this asset balances lifestyle appeal with stable cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating coastal property.
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 | 0 | 0 | 1,800 | $840 | - |
A 810 Spring Street Pending | $1,195,000 List Price | 3 | 2 | 1,480 | $807 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern upgrades throughout. The kitchens have been updated with white shaker cabinetry, stone countertops, and stainless steel appliances, while the bathrooms feature contemporary vanities and fixtures. Although the building is over 50 years old, it has been impeccably maintained with refreshed interior paint, clean flooring, and updated exterior elements like modern cable balcony railings.
The property offers a rare opportunity for either an investor or an owner-occupant, featuring a vacant upper unit ready for immediate move-in or market-rate rental at approximately $4,000 per month.
Situated in the highly desirable Spring Valley neighborhood, the duplex boasts lovely views of Richardson Bay and sits directly across from Langendorf Park, providing exceptional access to Sausalito's waterfront lifestyle.
This impeccably maintained duplex seamlessly blends historic character with modern upgrades, including updated kitchens with breakfast bars, stainless appliances, and private view decks for each unit.
The lower unit is occupied by a long-term tenant, which may limit immediate rental upside or full property control for buyers seeking a vacant delivery of both units.
The reliance on shared laundry facilities and the duplex configuration may be a drawback for buyers prioritizing the complete privacy and autonomy of a single-family residence.
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 | 0.0 | 4.0 | 50% |
| Baths | 0.0 | 5.0 | 50% |
| Square foot | 1,800 | 3,144 | 50% |
| Lot Size | 5,423 | 5,760.5 | 50% |
| Price | $1.50M | $2.75M | 50% |
| Price per sq ft | $831 | $861 | 50% |
| Built year | 0 | 981 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 252 | 50% |
May 21, 2026
$1,495,000
$1,595,000
-6% Price Drop
Initial Listing
Apr 15, 2026
$1,595,000
Initial Listing