138 Buchanan Drive
Sausalito, CA 94965
- 6 Beds
- 4 Baths
- 3,000 sqft
6 Beds
4 Baths
3,000 sqft
Local Information
-- mins to
Description
**NEW PRICING** The subject property offers a compelling value-add opportunity in the heart of Sausalito, one of the Bay Area's most supply-constrained and prestigious rental submarkets. Built in 1960 and situated on a 0.12-acre parcel, this two-unit property consists of spacious 3-bedroom, 2-bathroom floor plans with private outdoor spaces, on-site laundry, and off-street parking. The units offer significant upside through cosmetic and systems upgrades, interior renovations, and common area enhancements. The property is ideally suited for repositioning, capital improvements could command premium market rents in a high-demand tenant pool seeking updated housing in this prime hillside location. In addition, the lot may support the development of an Accessory Dwelling Unit (ADU), subject to local approvalsoffering further long-term income potential. There are excellent views from both units and all units have fireplaces. 138-140 Buchanan is located on a 5,227 square foot lot, with approximately. 3,000 square feet of living space. Buchanan Drive provides both value-add multifamily buyers and contractors an excellent opportunity to upgrade a duplex in Sausalito, one of Marin County's best neighborhoods.
138 Buchanan Drive, Sausalito, CA 94965 is a 6 bedroom, 4 bathroom, 3,000 sqft multi-family built in 1960. It last sold for the $1,487,500 asking price on Nov 19, 2025. More recently, it was listed as a rental in January 2021 with an asking price of $4,600 per month. That rental listing was removed on February 9, 2021. It is currently off market. The Trulia Estimate is $1,503,400, with a rent estimate of $4,470/month.
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Home Highlights
Parking
0 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$496/sqft
Listed
180+ days ago
Home Details for 138 Buchanan Drive
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MLS Status: Closed |
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Interior Details Number of Rooms: 14 |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3000 Square Feet |
Appliances & Utilities Laundry: In Unit |
Heating & Cooling Heating: CentralNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Central |
Levels, Entrance, & Accessibility Levels: Two |
View Has a ViewView: Bay, Mt Tamalpais, Water |
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Parking & Garage Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 2Parking: Carport |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Flat, Apartments, FlatsArchitecture: Flat,Apartments,Flats |
Property Information Parcel Number: 06430211 |
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Price List Price: $1,487,500Price Per Sqft: $496/sqft |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Sausalito |
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Building Area Building Area: 3000 Square Feet |
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Association for this Listing: SonomaNo HOA |
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Lot Area: 5314.32 sqft |
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Disclaimer: 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. |
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Special Conditions: Offer As Is |
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Mobile Home Park Mobile Home Units: Feet |
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Last check for updates: about 24 hours ago
Listed by Erich M Reichenbach DRE #01860626, (415) 302-2144
Marcus & Millichap Real Estate, (310) 909-5500
Bought with: Arezou Shadabadi, Engel & Voelkers San Francisco
Originating MLS: Sonoma
Source: BAREIS, MLS#325074416

Price History for 138 Buchanan Drive
| Date | Price | Event | Source |
|---|---|---|---|
| 11/19/2025 | $1,487,500 | Sold | BAREIS #325074416 |
| 10/20/2025 | $1,695,000 | Pending | BAREIS #325074416 |
| 09/22/2025 | $1,695,000 | PriceChange | BAREIS #325074416 |
| 08/18/2025 | $1,900,000 | Listed For Sale | BAREIS #325074416 |
| 02/09/2021 | ListingRemoved | Zillow Rental Manager | |
| 01/10/2021 | $4,600 | Listed For Rent | Zillow Rental Manager |
| 07/28/2017 | $4,400 | ListingRemoved | N/A |
| 06/17/2017 | $4,400 | Listed For Rent | N/A |
Market trends in Sausalito
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
—
Available listings
32
1MoM
Comparable Sales for 138 Buchanan Drive
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.57 | Multi-Family Home | $1,495,000 | 06/16/26 | 4 | 2 | 1,720 | |
1.50 | Multi-Family Home | $1,925,000 | 03/03/26 | 3 | 2.5 | 1,840 | |
1.52 | Multi-Family Home | $2,298,563 | 09/30/25 | 4 | 7 | 4,350 | |
1.53 | Multi-Family Home | $1,225,000 | 07/10/26 | 3 | 2 | 1,690 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 138 Buchanan Drive.
What Locals Say about Sausalito
At least 118 Trulia users voted on each feature.
96 % Say it's dog friendly
88 % Say people would walk alone at night
86 % Say there's wildlife
85 % Say it's walkable to restaurants
80 % Say car is needed
78 % Say it's walkable to grocery stores
75 % Say parking is easy
70 % Say neighbors are friendly
67 % Say it's quiet
66 % Say there's holiday spirit
60 % Say yards are well-kept
59 % Say they plan to stay for at least 5 years
58 % Say there are sidewalks
49 % Say there are community events
48 % Say streets are well-lit
42 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
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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.
Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.