Beds
Baths
6,849 Sq. Ft.
$606 / Sq. Ft.
6,849
Sq. Ft.
$606
per Sq. Ft.

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...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.
  1. Listed by Adam Foley • DRE #02144332 • Brokerage DRE #01841325 • CBRE, Inc. • 415-535-7414

Property Details for 1015 South A Street

MLS City Name
SANTA ROSA
Building Type
Other
Complex Name
Las Flores Apartments
Garage Spaces
0
Parking Spaces
14
LISTING UPDATED: 06/23/2026 12:06 PM

Property Details for 1015 South A Street

StatusActive
MLS #ML82051952
Days on Compass7
Taxes$46,321 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1936
Lot Size0.59 AC / 25,569 SF
CountySonoma County

Location

Listing Courtesy of CBRE, Inc., Adam Foley, DRE #02144332
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Building Information for 1015 South A Street

Stories-Residences-Year Built1936Building Size-Lot Size0.59 AC / 25,569 SF

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$24,540 per month

30 year fixed, 6.36% Interest

Principal and Interest

$20,680

Property Taxes

$3,860

HOA Dues

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Property Information for 1015 South A Street

Features
Features
  • Fireplace: No
  • Living SqFt: 6849
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Common Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 14
  • Area Text: Santa Rosa-Southeast
  • Restrictions: None
  • Roof: Other
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1015
  • Street Name: A
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 25118
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 6849
  • Structure SqFt Source: Assessor
  • Age: 90
Development Information
  • Zoning Detail: CITYSR
Location Information
  • Parcel Number: 037-121-012-000
  • County Name: Sonoma
  • City Name: SANTA ROSA
  • City Postal ID: 221
  • Postal Code: 95404
  • Elementary School District: 1903
  • High School District Text: Santa Rosa High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 14
General Information
  • Annual Tax Amount: $46,321
  • Capitalization Rate: 7.22
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Other
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $10,500
  • Expense Landscape: $0
  • Expense Maintenance: $7,688
  • Expense Management: $16,887
  • Expense Trash: $0
  • Expenses Other: $6,580
  • Expenses Utility: $17,510
  • Expenses Total: $105,486
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Miscellaneous/Other, Utilities, Other
  • Gross Rent Multiplier: 9.74
  • Income Annual Gross: $404,929
  • Income Annual Rental: $296,256
  • Income Gross Scheduled: $426,241
  • Income Other: $129,985
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Rent: $1,601
Unit 2 Information
  • Unit 2 Approx Square Footage: 450
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,713
Unit 3 Information
  • Unit 3 Approx Square Footage: 850
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,847
Unit 4 Information
  • Unit 4 Rent: $6,500
Unit Type 1
  • Unit Type1 Approx SqFt: 367

Property History for 1015 South A Street

DateEvent & SourcePriceAppreciation
Jun 23, 2026

Listed (Active)

EBRD #ML82051952

$4,150,000
Jun 23, 2026

Listed (Active)

MLSListings #ML82051952

$4,150,000
May 13, 2026

Withdrawn

EBRD #ML82029510

DateEvent & SourcePrice
06/23/2026

Listed (Active)

EBRD #ML82051952

$4,150,000
06/23/2026

Listed (Active)

MLSListings #ML82051952

$4,150,000
05/13/2026

Withdrawn

EBRD #ML82029510

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1015 South A Street

Taxable ValueLand$367,754Additions$856,434Total$1,224,188
Tax Record2025$14,182 ($1,182 / month)
Home Facts
Baths14Total Finished SqFt6,041 SqFtAbove Grade Finished SqFt6,041 SqFtStories1Lot Size25,569 SqFtStyleMulti-Family Res (5+ Units)Year Built1936Year Renovated1949CountySONOMAAPN037-121-012-000

Schools near 1015 South A Street

This home is within Santa Rosa High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Luther Burbank Elementary School
PublicK to 6

Herbert Slater Middle School
Public7 to 8

Montgomery High School
Public9 to 12

Learning House
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1015 South A Street is for sale in Santa Rosa, CA 95404. This property was listed for sale on June 23, 2026 by CBRE, Inc., it's currently listed at $4,150,000. It has been on the market for a total of 7 days and was last sold on March 31, 2014. This listing's school districts are Santa Rosa High School District, Santa Rosa Elementary School District. Nearby schools include Luther Burbank Elementary School, Herbert Slater Middle School and Montgomery High School. 1015 South A Street is a 0-bed, 0-bath, 6,849 sqft built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CBRE, Inc., Adam Foley, DRE #02144332

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.