1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
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Kalani Stone

Kalani Stone

+1(831) 252-2270
Listed by Adam Foley • CBRE, Inc., DRE#02144332
$ 8,900,000
Est. payment | /mo

2 Beds

1 Bath

31,600 SqFt

Save
$ 8,900,000
Est. payment | /mo
Save

2 Beds

1 Bath

31,600 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 31,600 sqft

Price per Sqft $281

MLS Listing ID ML82046785

Bedrooms 2

Full Baths 1

Year Built 1960

Lot Size 1.140 Acres

Property Sub-Type Five or More Units

Property Description

North Street Apartments is a 32-unit value-add multifamily community in Santa Rosa offered for purchase individually or as a portfolio with Cedarwood Apartments (725 W College Ave, Santa Rosa). Built in 1970 on 1.14 acres, the property features a 2BR-dominated unit mix averaging 988 SF, 97% occupancy, and approximately $250,000 in recent capital improvements (reroofing, exterior paint, asphalt, pool, lighting, landscaping). In-place rents average $2,384, with $94/unit of immediate mark-to-market upside and an additional $91/unit achievable through interior renovations laminate flooring, kitchen/bath finishes, and in-unit W/D installation in the remaining 15 units. A 30% RUBS program is already in place. Pool, on-site parking, and a quiet residential location near Santa Rosa Junior College, Downtown Santa Rosa, and Highway 101.

Location

State CA

County Sonoma

Area Santa Rosa-Northeast

Zoning CITYSR

Interior

Heating Electric

Cooling Other

Exterior

Parking Features Common Parking Area, Covered Parking

Pool Pool - In Ground

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 180-440-054-000

Security Features Other

Special Listing Condition Not Applicable

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Nearby Locations

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Kalani Stone
Kalani Stone

Agent | Lic# CalBRE: 01336392

+1(831) 252-2270

1360 41st Ave Unit A, Capitola, CA, 95010, USA

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1570 North ST