$2,525,000
SOLD NOV 8, 2024
14 Beds
3 Baths
-- Sq Ft
0.37 Acres

Recently Sold

5% Above List Price

7 Days on Market

Highlights

  • 0.37 Acre Lot
  • Carpet
  • 2-minute walk to Rae Park
  • Laundry Facilities

About This Home

As of November 2024

This property is priced for a rapid sale at $160k per unit. The seller is a family trust that wants to complete the sale of this property before the end of the year. The property does need some updating and repairs. Potential Buyers need to inspect the property and determine the improvements that are desired by the Buyer. The asking price reflects the fact that the buyer will need to make improvements to the property. Centrally located near downtown Santa Rosa with easy access to all services. Carports and on-site parking make this property attractive to tenants that want to be downtown with on-site parking.

Last Agent to Sell the Property

William Severi

North Bay Property Advisors License #01000344

Co-Listed By

Nick Abbott

North Bay Property Advisors License #01357548

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 18 Parking Spaces
  • 10 Carport Spaces
  • Off-Street Parking

Utilities

  • Natural Gas Connected
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • 2-Story Property
  • 0.37 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 009-203-032-000

Community Details

Overview

  • 4 Buildings
  • 15 Units

Additional Features

  • Laundry Facilities
  • Gross Income $304,230

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: E Street just south of the E and Sonoma Avenue intersection.
  • Lot Size Acres: 0.3700
  • CapRate: 6.61
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • NumberOfBuildings: 4

Exterior Features

  • Construction Materials: Frame, Stucco
  • Foundation: Slab
  • Lot Features: Other
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport, Covered, Off Street, Uncovered
  • Total Parking Spaces: 18.00
  • Carport Spaces: 10.00
  • OpenParkingSpaces: 8.00

Utilities

  • Cooling: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, City, Electric, Natural Gas Connected
  • Water Source: Meter on Site, Public
  • Heating: Other
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Schools

  • School District: Sonoma
  • Middle/Junior School District: Santa Rosa City Schools

Lot Info

  • Assessor Parcel Number: 009-203-032-000
  • Lot Size Sq Ft: 16117.00

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $1,310 - $1,600
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $1,700 - $1,975
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 6
  • Number Of2 Bedrooms Occupied: 4
  • Number of 2 Bedroom Units: 4
  • Number of Studio Units: 5
  • NumberOfUnitsTotal: 15
  • Number Studios Occupied: 5

MLS Schools

  • Senior High School District: Santa Rosa City Schools
  • School District (County): Sonoma

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
11/08/2024 11/08/24 Sold $2,525,000 +5.2% --
09/04/2024 09/04/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $2,400,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324068307

Bay Area Real Estate Information Services (BAREIS)