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40 Varda Landing Rd 6 Unit Apartment Building $4,083,510 CAD ($680,585 CAD/Unit) 5.60% Cap Rate Sausalito, CA 94965

Apartment Buildings California Sausalito 40 Varda Landing Rd, Sausalito, CA 94965

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Executive Summary

A rare opportunity to own a piece of Sausalito's storied waterfront. 40 Varda Landing Road is a unique building perfectly situated near the water's edge. It features 6 units, 3 of which capture the essence of coastal living with sweeping views of Belvedere Island, the famed Vallejo Ferry boat where Jean Varda once lived, and the sparkling San Francisco Bay. Just steps from Sausalito's vibrant dining scene, ferry access, and convenient transportation options. Adjacent to the iconic floating home community, this property offers both character and incredible upside potential.Ideal for investors, creatives, or even an emerging AI start-up seeking an inspiring waterfront workspace with quick access to San Francisco. With its rich history and unbeatable location, 40 Varda Landing represents a truly unique opportunity in one of Marin County's most desirable enclaves. Each unit is charming and very desirable. The tenants love living here. Cap rate on projected rents.

Property Facts

Price $4,083,510 CAD Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Price Per Unit $680,585 CAD Apartment Style Low-Rise
Sale Type Investment Building Class C
Cap Rate 5.60% Lot Size 0.20 AC
Sale Conditions
1031 Exchange
  • Deferred Maintenance
 Building Size 5,939 SF
Gross Rent Multiplier 9.26 No. Stories 2
No. Units 6 Year Built 1943
Property Type Multifamily
Price $4,083,510 CAD
Price Per Unit $680,585 CAD
Sale Type Investment
Cap Rate 5.60%
Sale Conditions
1031 Exchange
  • Deferred Maintenance
Gross Rent Multiplier 9.26
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 5,939 SF
No. Stories 2
Year Built 1943

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
1 1
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Number 063-010-09 Improvements Assessment $1,374,735 CAD
Land Assessment $1,041,467 CAD Total Assessment $2,416,202 CAD

Property Taxes

Parcel Number
063-010-09
Land Assessment
$1,041,467 CAD
Improvements Assessment
$1,374,735 CAD
Total Assessment
$2,416,202 CAD
  • Research In Progress
    Research In Progress
  • Research In Progress

  • Listing ID: 38309974

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 40 Varda Landing Rd, Sausalito, CA 94965

The Outer Mill Vly/Corte Madera/Sausalito Multifamily Property at 40 Varda Landing Rd, Sausalito, CA 94965 is currently available. Contact Research In Progress for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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Matterport 3D Exterior
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Photos
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Map
40 Varda Landing Rd, Sausalito, CA for sale Primary Photo- Image 1 of 8
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40 Varda Landing Rd, Sausalito, CA for sale Building Photo- Image 2 of 8
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40 Varda Landing Rd, Sausalito, CA for sale Building Photo- Image 3 of 8
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40 Varda Landing Rd, Sausalito, CA for sale Building Photo- Image 4 of 8
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40 Varda Landing Rd, Sausalito, CA for sale Building Photo- Image 5 of 8
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40 Varda Landing Rd, Sausalito, CA for sale Floor Plan- Image 6 of 8
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40 Varda Landing Rd, Sausalito, CA for sale Floor Plan- Image 7 of 8
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40 Varda Landing Rd

40 Varda Landing Rd

Research In Progress

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