$1,280,000
bedrooms
-
bathrooms
square feet
1,773
Acreage
0.1997
Open Houses
-
year built
1962
Full Baths
-
Half Baths
-
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.
| Location | |
| Subdivision | - |
| County | Marin |
| Elementary School | - |
| Middle School | - |
| High School | - |
Find out more
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MLS number: 326027686
Listing agent:
Yasmine McGrane
#02133303
Listing broker:
Corcoran Icon Properties
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last update: Friday, April 10 2026 at 3:37 a.m. EDT
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