The Pier at Sausalito
Multifamily | 28 Units | $589,286/unit
Marketing description
120 Bulkley Avenue, a rare multifamily investment opportunity located in the highly sought-after city of Sausalito, California. Constructed in 1959, this well-maintained asset offers a unique chance to acquire an apartment community in one of Marin County’s most supply-constrained and desirable submarkets.
Situated on a 0.63-acre parcel, the property comprises a single, four-story residential building totaling 28 units. Each unit includes a private balcony, with the majority offering expansive views of the San Francisco Bay. On-site amenities include carport parking, additional garage storage, in-unit washer/dryers, and a highly walkable location, further enhancing tenant convenience and lifestyle. Residents enjoy direct access to the heart of Downtown Sausalito’s vibrant retail, dining, and arts district, as well as unparalleled access to the Sausalito ferry terminal—less than a five-minute walk via Excelsior Lane Stairway—providing seamless connectivity to San Francisco’s Financial District and Fisherman’s Wharf.
Investment highlights
6.2% Rental Upside
$589,286 Per Unit
In-Place Cap Rate of 5.02%
Irreplaceable Sausalito Location
Balconies with Views of the San Francisco Bay
Steps Away from the Heart of Downtown Sausalito
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