40 Varda Landing Rd - Apartments FOR SALE


$3,000,000 USD
40 Varda Landing Rd, Sausalito, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/7
null | 5.6% Cap Rate


OVERVIEW

A rare opportunity to own a piece of Sausalito's storied waterfront. 40 Varda Landing Road is a unique building perfectly situated near the water's edge. It features 6 units, 3 of which capture the essence of coastal living with sweeping views of Belvedere Island, the famed Vallejo Ferry boat where Jean Varda once lived, and the sparkling San Francisco Bay. Just steps from Sausalito's vibrant dining scene, ferry access, and convenient transportation options. Adjacent to the iconic floating home community, this property offers both character and incredible upside potential.Ideal for investors, creatives, or even an emerging AI start-up seeking an inspiring waterfront workspace with quick access to San Francisco. With its rich history and unbeatable location, 40 Varda Landing represents a truly unique opportunity in one of Marin County's most desirable enclaves. Each unit is charming and very desirable. The tenants love living here. Cap rate on projected rents.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$505 USD /SF

# OF UNITS

6

PRICE/UNIT

$500,000

CAP RATE

5.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,624 SF

ZONING

-

APN/PARCEL ID

063-010-09

ASK ABOUT THIS PROPERTY

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