$5,100,000

7034 Santero Way Cotati, CA 94931

Estimated payment $35,252/month

Total Views 2,988
14 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Santero Lofts is a boutique, luxury multifamily property offering modern loft living in the heart of Sonoma County. Fully occupied as rental units, and in immaculate condition, Santero Lofts is an exceptionally rare investment asset in the North Bay market due to it's size, quality, and flexibility of exit options. The 14 lofts are individually mapped as condominiums and could be sold individually at a substantial premium above the bulk purchase price, offering an appealing exit option for flip investors. For buy and hold investors, there is significant upside to realize by moving rents to market rates. Built in 2006, the lofts offer unparalleled finishes in the local rental market. 19 foot ceilings soar over polished concrete floors, while oversized windows flood the lofts with natural light. Large walk-in closets and massive jacuzzi-style tubs complement the sleeping area in each unit. The kitchens are fully equipped and have stunning cabinetry and granite countertops. Immediately adjacent to the buildings is a beautiful HOA managed park for tenant enjoyment - six of the lofts open up directly to the park providing tenants the best of indoor/outdoor living. Rarely do you find such a high quality investment property at this scale and with such prolific upside.

Listing Agent

John Garrett

Marcus & Millichap Real Estate License #01421403

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 2006

HOA Fees

  • $6,459 Monthly HOA Fees

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Parking

  • 27 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Central Heating

Community Details

  • Association fees include common areas, homeowners insurance, trash
  • 2 Buildings
  • 14 Units
  • Santero Way Homeowners Association, Phone Number (925) 824-2888

Listing and Financial Details

  • Assessor Parcel Number 144-790-013-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,935

Year Built

Built in 2006

Lot Details

0

HOA Fees

$6,459 per month

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Condominiums, Townhouses
  • Directions To Property: East on E Cotati Ave, South on Santero Way.
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: None

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 27.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Each Unit

Association/Amenities

  • Association Features: Other

Condo/Co-op/Association

  • Association Fee: 6459
  • Association Fee Frequency: Monthly
  • Association Name: Santero Way Homeowners Association
  • Association Phone: (925) 824-2888

Fee Information

  • Association Fee Includes: Common Areas, Homeowners Insurance, Trash

Lot Info

  • Assessor Parcel Number: 144-790-013-000

Rental Info

  • TenantPays: Electricity, Gas, Sewer, Water

Building Info

  • Year Built: 2006

Multi Family

  • 1 Bedroom Rent Range: 1950-2300
  • Number Of1 Bedrooms Occupied: 14
  • Number of 1 Bedroom Units: 14
  • NumberOfUnitsTotal: 14

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,935 $300,949 $119,469 $181,480
2022 $3,846 $295,049 $117,127 $177,922
2021 $3,809 $289,265 $114,831 $174,434
2020 $3,852 $286,300 $113,654 $172,646
2019 $3,804 $280,687 $111,426 $169,261
2018 $3,477 $275,185 $109,242 $165,943
2017 $3,420 $269,790 $107,100 $162,690
2016 $2,305 $182,447 $24,343 $158,104
2015 $2,251 $179,708 $23,978 $155,730
2014 $2,236 $176,189 $23,509 $152,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Sale $5,100,000 +137.2% --
08/07/2015 08/07/15 Sold $2,150,000 0.0% $276 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $2,150,000 -- $276 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Deed History

Date Type Sale Price Title Company
Grant Deed -- Smith & Granberg
Grant Deed -- None Available
Interfamily Deed Transfer -- First American Title Company
Grant Deed $4,300,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,900,000 New Conventional
Previous Owner $1,000,000 Commercial
Previous Owner $1,500,000 Commercial
Previous Owner $1,000,000 Commercial
Previous Owner $800,000 Unknown
Previous Owner $1,500,000 Unknown
Source: Public Records

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325025615

Bay Area Real Estate Information Services (BAREIS)

APN: 144-790-013