311 Valley - Turnkey Investment with Views, Upside, and Charm. 311 Valley is a well-maintained, fully rented property offering immediate income and long-term upside. Originally built in 1951, the property has been thoughtfully updated over the years and is in very good condition. The unit mix includes one spacious 2-bedroom apartment with lovely views of Richardson Bay, four 1-bedroom apartmentseach with its own private entranceand a charming ground-floor studio that enjoys exclusive use of a private patio and yard area. Tenants benefit from on-site laundry facilities and covered parking, adding to the property's appeal and convenience. An additional area to the right of the building may offer potential for expansion, subject to verification with the town. Discover the Magic of Sausalito Living. Sausalito is a world-renowned coastal town just minutes from San Francisco, located at the northern foot of the Golden Gate Bridge. Perched at the southernmost edge of Sausalito, 311 Valley offers an ideal locationjust a short commute into the city, steps from the beach, and moments from the town's celebrated restaurants, galleries, and boutique shops.
For sale
$3,700,000
311 Valley Street, Sausalito, CA 94965
--beds
0baths
3,483sqft
Est.:
Multi Family
Built in 1951
-- sqft lot
$3,556,700 Zestimate®
$1,062/sqft
$-- HOA
What's special
Private entranceCharming ground-floor studio
- 19 days
- on Zillow |
- 425 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 01:13am
Listed by:
Michael J Burke DRE #00454938 415-518-7200,
Golden Gate Sotheby's 415-464-9300,
Pamela Burke DRE #02156257 415-424-9835,
Golden Gate Sotheby's
Source: BAREIS,MLS#: 325051011
Originating MLS: Marin County

Travel times
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Coin Operated, Common Area
Interior area
- Total structure area: 3,483
- Total interior livable area: 3,483 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached
- Has attached garage: Yes
- Carport spaces: 4
- Uncovered spaces: 6
Features
- Levels: Three Or More
- Stories: 3
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Lot
- Size: 8,250.26 Square Feet
- Features: Landscape Back, Landscape Front
Details
- Parcel number: 06526809
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Wood
- Foundation: Concrete Perimeter, Slab
- Roof: Flat
Condition
- Year built: 1951
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Sausalito
Financial & listing details
- Price per square foot: $1,062/sqft
- Tax assessed value: $2,965,043
- Annual tax amount: $43,710
- Date on market: 6/3/2025
- Tenant pays: Electricity, Gas
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