158 Edwards Avenue, Sausalito, CA 94965, Sausalito, 94965 - 0 bed, 0 bath
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Sausalito, CA 94965
This Modernized Historic Triplex is a Strong Value Opportunity, listed at $2,750,000—positioned below the $2,805,326 Fair Market Value by 1%. This valuation provides $55,326 in Instant Equity. Boasting a Mint Condition Rating, the property features a luxury penthouse with panoramic bay views, updated kitchens, and a built-in wine tap. With significant rental income already established from the middle unit and studio, this asset balances high-end lifestyle with financial performance. It is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in Sausalito.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 158 Edwards Avenue Subject | $2,750,000* List Price | 0 | 0 | 2,716 | $1,033 | - |
A 126-134 Edwards Avenue Active | $2,500,000 List Price | 4 | 4 | 2,380 | $1,050 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1902, the property has undergone high-end modern renovations. The kitchen features contemporary white shaker cabinetry, stone countertops, and stainless steel appliances. The interiors are in mint condition with updated recessed lighting, pristine hardwood floors, and modern fixtures, indicating a comprehensive renovation likely within the last 5 years.
This triplex offers significant rental income potential with existing high-performing units and a flexible layout suitable for owner-occupancy or a full investment portfolio.
Situated in the heart of Sausalito, the property features stunning outlooks of the Bay and Angel Island while being steps away from the waterfront, dining, and shops.
The 1902 brown shingle architecture is paired with tastefully updated interiors, including a penthouse with a wine tap and updated kitchens, blending classic aesthetics with modern luxury.
Built in 1902, the property may require more frequent maintenance or specialized care compared to newer builds to address aging infrastructure and seismic considerations.
With a lot size of 4,408 square feet already hosting three units, there is restricted potential for further footprint expansion or significant private outdoor development.
Located in the heart of Sausalito, 158 Edwards is a charming triplex offering a rare combination of lifestyle, income, and flexibility. Featuring classic brown shingle architecture with updated interiors, the property includes a light-filled penthouse unit with elevated outlooks to the bay and Angel Island, spacious living areas, and unique features including a built-in wine tap. The middle unit offers a large one-bedroom layout with an updated kitchen, a private patio and potential to convert to a two-bedroom. The lower studio features high ceilings and a private courtyard, ideal for guests or rental income. Current rents include approximately $4,600/month for the middle unit and $2,450/month for the studio. Versatile floor plans allow for multiple living situations including owner-occupancy or full investment use. Additional features include a garage, off-street parking, two laundry rooms and storage. Ideally located just moments from Sausalito's waterfront, shops, and dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 6.0 | 33% |
| Baths | 0.0 | 4.0 | 33% |
| Square foot | 2,716 | 3,000 | 33% |
| Lot Size | 4,408 | 5,314 | 33% |
| Price | $2.75M | $2.75M | 50% |
| Price per sq ft | $1.0K | $891 | 67% |
| Built year | 1902 | 1960 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 247 | 33% |
Apr 17, 2026
$2,750,000
Initial Listing
Oct 1, 2015
$2,000,000
Public Record