158 Edwards Avenue, Sausalito, CA 94965, Sausalito, 94965 - 4 bed, 3 bath
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Sausalito, CA 94965
This Triplex Residential Asset is a Strong Value Opportunity, listed at $2,750,000—positioned well below the $2,844,484 Fair Market Value by 3%. This valuation gap offers $94,484 in Instant Equity. Featuring a Condition Rating of 3, the property combines historic 1902 charm with modern updates, including a penthouse with panoramic bay views and a private patio. This versatile income-producing property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand Sausalito location.
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 | 4 | 3 | 2,716 | $1,047 | - |
A 16 Glen Drive Sold | $2,650,000 | 4 | 4 | 2,222 | $1,193 | 0.7 mi |
B 2 Lower Crescent Avenue Active | $2,795,000 List Price | 5 | 3 | 3,515 | $795 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1902 build date, the property features updated interiors including a modern kitchen with stainless steel appliances and recessed lighting. The bathrooms and living areas are well-maintained and move-in ready, reflecting a renovation likely within the 5-15 year range.
Situated in the heart of Sausalito, the property offers iconic views of the San Francisco Bay and Angel Island, providing high desirability and long-term value.
This three-unit triplex offers significant flexibility for owner-occupancy or investment, featuring a tenant-occupied studio generating immediate rental income.
The 1902 brown shingle architecture combines classic charm with contemporary updates, including a penthouse with a built-in wine tap and renovated kitchens.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Originally built in 1902, the property may require ongoing maintenance and specialized care typical of century-old structures despite recent interior updates.
With a tenant-occupied studio, immediate full possession of the property is restricted, requiring the buyer to manage existing lease terms and local rental regulations.
Desirable 3 unit building with a tenant-occupied studio! 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 rent is $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 historic 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 |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,716 | - |
| Lot Size | 4,408 | - |
| Price | $2.75M | $3.25M |
| Price per sq ft | $1.0K | $1.3K |
| Built year | 1902 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 38 |
Jul 17, 2026
$2,750,000
Initial Listing
Oct 1, 2015
$2,000,000
Public Record