$4,750,000
UNDER CONTRACT

323 2nd St E Sonoma, CA 95476

Estimated payment $31,262/month

Total Views 1,305
23 Beds
3 Baths
12,128 Sq Ft
$392 Price per Sq Ft

Highlights

  • 0.76 Acre Lot
  • 20 Car Detached Garage
  • Laundry Facilities
  • Private Lot
  • Landscaped

About This Home

Prime Multi-Family Investment Opportunity in Sonoma, CA - 14- Unit Complex Near Historic Sonoma Plaza. Seize this rare opportunity to own a 14-unit multi-family complex in the heart of Sonoma's Wine Country! Situated on a spacious 0.75- acre lot, this well-maintained property consists of nine 2 bedroom / 1 bath units, and five 1 bedroom / 1 bath units, and is located just moments from the Historic Sonoma Plaza, offering tenants access to world-class dining, shopping, and entertainment.

Listing Agent

Randy Waller

W Real Estate License #01795950

W Real Estate

Co-Listing Agent

Tina DeMartini

W Real Estate License #02122607

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.76 Acre Lot
  • Landscaped
  • Private Lot

Interior Spaces

  • 12,128 Sq Ft Home
  • 2-Story Property

Parking

  • 20 Car Detached Garage
  • 14 Open Parking Spaces
  • 14 Carport Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Individual Gas Meter
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 018-171-014-000

Community Details

Overview

  • 3 Buildings
  • 14 Units

Additional Features

  • Laundry Facilities
  • Gross Income $374,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: CA-12 E to W Spain St to 2nd St E.
  • Lot Size Acres: 0.7611
  • CapRate: 5.50
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • Special Features: UnderContract

Interior Features

  • Square Footage: 12128.00
  • NumberOfBuildings: 3

Exterior Features

  • Lot Features: Court, Curb(s), Landscape Back, Landscape Front, Private

Garage/Parking

  • Parking Features: Carport, Detached
  • Total Parking Spaces: 20.00
  • Carport Spaces: 14.00
  • OpenParkingSpaces: 14.00

Utilities

  • Cooling: Wall Unit(s), Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 018-171-014-000
  • Lot Size Sq Ft: 33154.00

Building Info

  • Year Built: 1974

Multi Family

  • 1 Bedroom Rent Range: 1915-2220
  • Two Bedroom Rent Range: 2235-2600
  • Three Bedroom Rent Range: 0-0
  • Four Bedroom Rent Range: 0-0
  • Number Of1 Bedrooms Occupied: 5
  • Number of 1 Bedroom Units: 5
  • Number Of2 Bedrooms Occupied: 9
  • Number of 2 Bedroom Units: 9
  • NumberOfUnitsTotal: 14

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/31/2025 03/31/25 For Sale $4,750,000 -- $392 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325024017

Bay Area Real Estate Information Services (BAREIS)