138–140 Buchanan Drive presents a rare value-add opportunity in the heart of Sausalito, one of Marin County’s most desirable and supply-constrained rental markets. Built in 1960 and situated on a 0.12-acre lot, the property consists of two large 3-bedroom, 2-bathroom vacant units totaling approximately 3,000 net rentable square feet. Located just minutes from Bridgeway, U.S. Highway 101, and the Golden Gate Bridge, the property offers excellent access to major employment hubs throughout San Francisco and Marin County. With strong demand for updated rental housing in the area, investors can realize substantial investment upside through interior renovations and rent repositioning. In addition to the core value-add strategy, the property offers the potential for an Accessory Dwelling Unit (ADU) addition—subject to local approvals—further enhancing income potential and long-term value. Positioned in a quiet hillside neighborhood with expansive views of San Francisco Bay and Mount Tamalpais, the site features ample off-street and street parking, making it well-suited for future expansion. With generous unit sizes and an irreplaceable location, 138–140 Buchanan Street is an ideal value add opportunity for repositioning a high-quality asset in one of the Bay Area’s premier rental markets. Buchanan Drive offers a ?rst-class property in Marin County’s premier city. The property is located in Sausalito’s “banana-belt” and bene?ts from San Francisco Bay views. Tenants will enjoy unparalleled as access to the North Bay, a short walk to the Sausalito ferries servicing San Francisco and the greater Bay Area. Sausalito is a beautiful waterfront community located on the southern tip of Marin County, just across the Golden Gate Bridge from San Francisco. Sausalito provides world- class hotels and restaurants and a diverse selection of shopping, including art galleries and retail fashion. Sausalito is the most well-known city in Marin County. Marin is a dynamic community of 250,000 well-educated and involved residents. From its tidelands to the top of Mt. Tamalpais, Marin enjoys a high quality of life marked by beautiful beaches, groves of redwoods and oaks, rolling foothills, and scenic valleys.