40 Princess St, Sausalito, CA 94965 Property Records

Marin County property record for 40 Princess St, Sausalito, CA 94965 · Last verified July 2026

Property Summary

Property TypeCommercial
Details3,610 sqft · built 1920
Lot Size0.08 acres (3,490 sqft)
Owner2 Company Names on File
Last Sale$3,000,000 (Sep 2022)
Tax Bill$48,182 (2025)
Deeds & MortgagesSep 2022 Sale & Mortgage
May 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN065-131-15

Property Details

APN / Parcel Number

Primary APN065-131-15

Interior

Units6 Units
Building Area3,610 sqft Gross Area

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1920
Lot Area3,490 sqft (0.08 acres)

Location & Zoning

Street Address40 PRINCESS ST
CitySAUSALITO
StateCA
Zip94965-2219
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionMAP 1 PG 84 LOT 5
Legal SubdivisionSAUSALITO
Legal Lot Number5
JurisdictionMARIN CA
Township / Civil DivisionSOUTHEAST MARIN
Census Block Group2
Census Block2005
Census Tract130201

Owner

Source: Marin County records · APN 065-131-15

Assessment roll updated July 13, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on File
Mailing Address1746 UNION ST, SAN FRANCISCO, CA 94123-4407
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Sep 13, 2022Grant Deed, Transfer · Commercial Mortgage
FIRST REPUBLIC BANK
May 06, 2020Deed of Trust, Mortgage
RECHIN INC

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleSep 13, 2022 · Amount on Record
Deed SaleSep 13, 2022 · Amount on Record
Prior SaleDec 23, 2016 · Amount on Record
Deed Document Number202232282
Prior Transfer DateApr 17, 2007
Prior Transfer Doc0000044446
Record UpdatedSep 20, 2026

September 2022: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionMARIN CA
Recording DateSep 13, 2022
Property Address40 PRINCESS ST, SAUSALITO, CA 94965-2219
Document Number0000032282
Map ReferenceVOL 1 PG 84
Instrument DateSep 12, 2022
Instrument2022-0032282
Transaction TypeTransfer
Record UpdatedSep 28, 2022
Title CompanyOLD REPUBLIC TITLE, OLD REPUBLIC TITLE COMPANY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$3,300.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address1746 UNION ST, SAN FRANCISCO, CA 94123-4407

Mortgage

Document Number0000032283
DateSep 13, 2022
Instrument2022-0032283
Lender
NameFIRST REPUBLIC BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

May 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARIN CA
Property Address40 PRINCESS ST, SAUSALITO, CA 94965-2219
Document Number0000019967
Instrument DateMay 06, 2020
Transaction TypeMortgage
Record UpdatedJun 05, 2020
Title CompanyFIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address491 N HONOKALA RD HAIKU HI 967085710, HAIKU, HI 96708-5710

Mortgage

Document Number0000019967
DateMay 20, 2020
Instrument19967
Lender
NameRECHIN INC
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Marin County records · Assessment roll updated July 13, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateCalifornia
CountyMarin County
MunicipalitySausalito City
Elementary School DistrictSausalito Elementary School District (KG - 08)
Secondary School DistrictTamalpais Union High School District (09 - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes and is not a market price estimate.

YearTax BillAssessed Value
2026$3,183,452 (+2%) Land $555,538 Building $2,627,914
2025$48,182.00 (+12.4%)$3,121,102 (+4.04%) Land $544,649 Building $2,576,453
2023$42,865.00 (-24.3%)$3,000,000 Land $523,500 Building $2,476,500
2022$56,624.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Marin County (06041C), updated October 18, 2023 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo
Nearest Special Flood Hazard AreaZone VE, within 500 ft

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

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