127 E Cotati Ave Cotati, CA 94931
Highlights
- 0.34 Acre Lot
- Corner Lot
- 2-minute walk to La Plaza Park
About This Home
As of January 2025Seize 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.
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 324070735

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