1015 S A Street, Santa Rosa, CA, CA 95404
- $4,150,000
- List Price
- $4,150,000
- Status
- ACTIVE
- MLS#
- ML82051952
- County
- Sonoma
- Zoning
- CITYSR
- Year Built
- 1936
- Square Feet
- 6,849
- Lot Size (acres)
- 0.587
- Days on Market
- 35
- Property Type
- Commercial
Property Description
Las Flores Apartments is a 14-unit, mixed-use residential and retail asset in the heart of Santa Rosa. Built around a fully renovated multifamily core with over $1MM in recent capital improvements, the Property generates stabilized income from a diversified base: 14 turnkey residential units plus a long-standing retail tenant contributing $78,000 annually roughly 19% of gross revenue. With in-place residential rents approximately 10% below market and no meaningful deferred maintenance, Las Flores offers investors a rare combination of in-place yield, cash flow stability, and built-in rent upside. Located just off U.S. 101, the Property sits within minutes of downtown Santa Rosa, the Sonoma and Napa wine regions, and the broader Bay Area employment base.
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Additional Information
- Taxes
- $46,321
- Parcel Number
- 037121012000
- Gross Scheduled Income
- $426,241
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Other
- Parking Spaces
- 14
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: Adam Foley (adam.foley@cbre.com) from Listing Office: CBRE, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.