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24966007
24966008

120 Bulkley Ave, Sausalito, CA 94965

Colliers - San Francisco, California
BL
CA 01058500
Colliers - San Francisco, California
RR
CA 01304358
Colliers - Oakland, California
DD
CA 01963487
Colliers - San Francisco, California
BW
02206077
Colliers - Oakland, California
Listed by Colliers - San Francisco, California, Colliers - Oakland, California
$16,500,000
331 days on market
Updated 99 days ago

The Pier at Sausalito

Details
APN 065-071-23
Property Type Multifamily
Sub Type Apartment Building
Units 28
Price per SqFt $815
Year Built 1959
Year Renovated 1980
Buildings 1
Stories 4

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

Listing Contacts

Colliers - San Francisco, California
BL
CA 01058500
Colliers - San Francisco, California
RR
CA 01304358
Colliers - Oakland, California
DD
CA 01963487
Colliers - San Francisco, California
BW
02206077
Colliers - Oakland, California
Listed by Colliers - San Francisco, California, Colliers - Oakland, California

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Zoning

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R-3 ResidentialMulti FamilyMultiple Family Residential
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View all 37 uses
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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