Property Details
About this Property
The subject property offers a compelling value-add opportunity in the heart of Sausalito, one of the Bay Area's most supply-constrained and prestigious rental submarkets. Built in 1960 and situated on a 0.12-acre parcel, this two-unit property consists of spacious 3-bedroom, 2-bathroom floor plans with private outdoor spaces, on-site laundry, and off-street parking. The units offer significant upside through cosmetic and systems upgrades, interior renovations, and common area enhancements. The property is ideally suited for repositioning, capital improvements could command premium market rents in a high-demand tenant pool seeking updated housing in this prime hillside location. In addition, the lot may support the development of an Accessory Dwelling Unit (ADU), subject to local approvalsoffering further long-term income potential. There are excellent views from both units and all units have fireplaces. 138-140 Buchanan is located on a 5,227 square foot lot, with approximately. 3,000 square feet of living space. Buchanan Drive provides both value-add multifamily buyers and contractors an excellent opportunity to upgrade a duplex in Sausalito, one of Marin County's best neighborhoods.
MLS Listing Information
MLS #
BA325074416
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
2
Interior Features
Cooling
None
Heating
Central Forced Air
Exterior Features
Style
Flat
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 0 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,500 | 3 | 2/0 | – |
| 2 | 1,500 | 3 | 2/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
138 Buchanan Dr is a Duplex in Sausalito, CA 94965. This 3,000 square foot property sits on a 5,314 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,900,000 and was built in 1960. This address can also be written as 138 Buchanan Dr, Sausalito, CA 94965.
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This listing information is up-to-date as of August 18, 2025. For the most current information, please contact Erich Reichenbach, (415) 302-2144
