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16 Dutton Court, Sausalito, CA, 94965

4beds
2baths
1,773sqft
$1,280,000
$722price/sqft
$8,382/moest. monthly cost
$335,280/yrincome needed

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

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

10/10
Tamalpais High SchoolGrades 9-121.7 mi

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