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$ 4,500,000
Est. payment | /mo
0.59 Acres Lot
$ 4,500,000
Est. payment | /mo
0.59 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81984670
HOA Y/N No
Year Built 1936
Annual Tax Amount $50,939
Lot Size 0.587 Acres
Property Description
Las Flores Apartments is an exceptional mixed-use investment opportunity consisting of 14 multifamily units and 1 retail suite in the thriving city of Santa Rosa, CA. Situated on a parcel of land totaling 25,569 square feet, the subject property features a gross building area of approximately 8,500* square feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans in addition to a spacious retail suite. The subject property offer efficient financial management, with tenants individually billed for waste removal, and water and sewer expenses are reimbursed. Las Flores Apartments has recently undergone extensive capital improvements amounting to over $975k. Improvements include new awnings, new rain gutters, a new roof, exterior paint, siding, windows, and doors. Additionally all units have been extensively renovated. Las Flores Apartments is located in the heart of Santa Rosa and is situated nearby Santa Rosa Marketplace, featuring a myriad of dining, shopping, and entertainment options. Santa Rosa offers residents an ideal location right by world famous wine pockets of Napa and Sonoma.
Location
State CA
County Sonoma
Area 699 - Not Defined
Zoning CITYSR
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 20
Building
Water Public
Schools
School District Other
Others
Tax ID 037121012000
Special Listing Condition Standard
Listed by Robert Johnston • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "