$1,295,000
SOLD JAN 31, 2025

127 E Cotati Ave Cotati, CA 94931

2 Beds
10 Baths
5,594 Sq Ft
0.34 Acres

Recently Sold

$231 Per Sq Ft

2% Below List Price

72 Days on Market

Highlights

  • 0.34 Acre Lot
  • Corner Lot
  • 2-minute walk to La Plaza Park

About This Home

As of January 2025

Seize this rare opportunity to own a prime mixed-use investment in Downtown Cotati. This turn-key property features two fully leased ground-floor commercial units and two spacious apartments, situated on a high-visibility corner lot. Meticulously maintained by the current owner for over 20 years, no expense has been spared, ensuring quality leased spaces for tenants. The residential component includes a recently remodeled 2-bed, 1-bath apartment and a large studio. Both units feature full-sized kitchens, remodeled bathrooms, and are in beautiful move-in-ready condition. Both units have been left vacant, providing various options for the new owner. The commercial units include a thriving hair salon and a popular restaurant, both leased on a long-term basis, offering stable and reliable tenancy. The hair salon occupies approximately 1,100 sq. ft., featuring an employee room/office, LED lighting, a remodeled bathroom, new vinyl flooring, and dedicated air conditioning. The restaurant, known for its BBQ and Mexican cuisine, spans approximately 1,800 sq. ft. and features new vinyl flooring, an inviting interior with its own bathroom, prep kitchen, full-size walk-in commercial fridge, washroom, dry storage, office, a large street-facing patio, and a permitted BBQ area.

Last Agent to Sell the Property

David Rendino

RE/MAX Marketplace License #01252035

RE/MAX Marketplace

Last Buyer's Agent

David Rendino

RE/MAX Marketplace License #01252035

RE/MAX Marketplace

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Parking

  • 17 Parking Spaces

Home Design

  • Quadruplex
  • Mixed Use

Interior Spaces

  • 5,594 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Community Details

  • 4 Units
  • Gross Income $113,400

Listing and Financial Details

  • Assessor Parcel Number 144-273-010-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments, Mixed Use
  • Directions To Property: Old Redwood Hwy to E Cotati Ave
  • Lot Size Acres: 0.3444
  • CapRate: 6.10
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • Number Commercial Units: 2
  • Special Features: None

Interior Features

  • Square Footage: 5594.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Corner

Garage/Parking

  • Parking Features: Varies By Unit
  • Total Parking Spaces: 17.00

Utilities

  • Cooling: Varies By Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Varies By Unit
  • Laundry Features: Varies By Unit, Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 144-273-010-000
  • Lot Size Sq Ft: 15002.00

Rental Info

  • TenantPays: See Remarks

Building Info

  • Year Built: 1987

Multi Family

  • Two Bedroom Rent Range: 0-0
  • Number of 2 Bedroom Units: 1
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $1,295,000 -2.3% $231 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $1,325,000 -- $237 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324070735

Bay Area Real Estate Information Services (BAREIS)