16 Dutton Court, Sausalito, CA, 94965
About This Home
A rare income-producing property with immediate cash flow and future flexibility in prime Southern Marin! Tucked on a private cul-de-sac with expansive Richardson Bay views, this newly remodeled property generates $8,900/month in current rental income, making it ideally suited for investors, 1031 exchange buyers, or future owner-occupants. The 4-bedroom, 2-bath residence is designed on two private stories, each with a separate exterior entrance, maximizing both income and versatility. The upper level lives like a single-family home, with three bedrooms, a full bath, an office/flex space, laundry, and a sunlit wraparound deck that captures east-facing water views. The lower level is a beautifully renovated one-bedroom flat with private entry, full kitchen, in-unit laundry, and a peaceful patio perfect for continued rental income, guest use, or future in-law living. Both units were recently leased at market rates to well-qualified tenants, providing immediate, stable cash flow with the option to transition to owner-occupancy as leases expire in the near term. Set on a sunny, fenced lot with garage parking, the property also offers potential for ADU development in the backyard or conversion to a short-term rental (buyer to verify), enhancing future value and income potential. Minutes from Sausalito and Mill Valley, with easy access to trails, dining, and commuting options to San Francisco by car, ferry, bike, or bus. A rare Marin offering combining high immediate rental income, lifestyle appeal, and strategic flexibility for today's buyer and tomorrow's plans.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Combination,Concrete,Other
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Architectural style: Bungalow,Contemporary,Mid-Century
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Disposal,ENERGY STAR Qualified Appliances,Free-Standing Gas Oven,Free-Standing Gas Range,Free-Standing Refrigerator,Gas Cooktop,Ice Maker,Microwave,Self Cleaning Oven,Tankless Water Heater,Varies By Unit,See Remarks
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Unit 1 - Beds: 1,Baths: 1,Square Footage: 1121 | Unit 2 - Beds: 0,Baths: 0,Square Footage: 1773 | Unit 3 - Beds: 3,Baths: 0,Square Footage: 1773 | Unit 4 - Beds: 0,Baths: 0,Square Footage: 1773
- Window features: Dual Pane Full,Dual Pane Partial,Screens
- Flooring: Simulated Wood
Heating & Cooling
- Heating features: Central,Natural Gas,See Remarks
- Cooling features: None
Interior Area
- Total structure area: 1,773
- Total interior livable area: 1,773 sqft
Property
Details
- Parcel number: 05213024
- Special condition: Offer As Is
Features
- Patio & porch: Balcony/Deck,Patio
- Fencing: Fenced
- Has view: Yes
- View description: Bay,Water
- Has water view: Yes
- Water view: Bay,Water
Lot
- Lot size: 8,698 sqft
- Features: Auto Sprinkler F&R,Cul-De-Sac,Curbs/Gutters,Garden,Landscape Back,Landscape Front,Private,Secluded,Shape Regular
Parking
- Total spaces: 3
- Parking features: Garage,Guest
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Marin County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,472 | $77,664 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $1,307 | $15,684 |
| Electricity | $398 | $4,786 |
| Total | $8,382 | $100,584 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Listed for sale | $1,280,000 |
| 2026-04-01 | Listing removed | $1,280,000 |
| 2026-03-13 | Price change | $1,280,000 |
| 2026-02-20 | Price change | $1,325,000 |
| 2025-11-28 | Price change | $1,349,000 |
| 2025-10-24 | Listed for sale | $1,395,000 |
| 2023-04-10 | Sold | $1,170,000 |
| 2023-04-04 | Pending sale | $1,200,000 |
| 2023-03-16 | Contingent | $1,200,000 |
| 2023-03-09 | Listed for sale | $1,200,000 |
| 2023-03-08 | Listing removed | $1,275,000 |
| 2023-01-24 | Price change | $1,275,000 |
| 2023-01-14 | Listed for sale | $1,325,000 |
| 2022-12-21 | Listing removed | $1,325,000 |
| 2022-12-05 | Listed for sale | $1,325,000 |
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