Last Sold Price
4,489 sqft$185/sqft
1232 College Ave, Santa Rosa, CA 95404

Description

Located in the heart of wine country, this 14 unit apartment/boarding house has endless potential. Transform into an AirBnB for Wine Retreat vacations. Build out into individual 1-2 bedroom apartments and increase your return on investment. Expand the Vacant lot into a secondary income generating source. Renovate into a modern day themed hotel. The potential for this unique property is endless and just needs the right vision to make that dream a reality.Located in the heart of wine country, this 14 unit apartment/boarding house has endless potential. Transform into an AirBnB for Wine Retreat vacations. Build out into individual 1-2 bedroom apartments and increase your return on investment. Expand the Vacant lot into a secondary income generating source. Renovate into a modern day themed hotel. The potential for this unique property is endless and just needs the right vision to make that dream a reality.
LISTING CLOSED: 12/02/2020 12:00 AM

  1. Listed by Bret Fouche • DRE #01909434 • Keller Williams Tri-Valley

Property Details for 1232 College Avenue

Status
MLS #
22014522
Days on Compass
27
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
5+ Units
Year Built
1956
Lot Size
0.09 AC / 3,851 SF
Area
Santa Rosa-Northeast
Type
Apartments
Num of Guest Spaces
0

Location

Listing Courtesy of Keller Williams Tri-Valley, Bret Fouche, DRE #01909434

Sold By Safer Properties, Cynthia Wise, DRE #01263357

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Building Information for 1232 College Avenue

Stories-Residences14Year Built1956Building Size-Lot Size0.09 AC / 3,851 SF

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$4,969 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,219

Property Taxes

$750

HOA Dues

$0

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Property Information for 1232 College Avenue

Property Features
Interior Features
  • Safety/Security: Smoke Alarms
Garage and Parking
  • Num of Carport Spaces: 0
  • Num of Garages: 0
  • Num of Open/Uncovered: 10
  • Num of RV/Boat: 0
  • On Site Parking: Uncovered
Utilities
  • Heat/Cool: 3+ Window Unit Incl., Ceiling Fan(s), Individual
  • Sewer/Septic: Sewer Public
  • Utilities: Electric, Gas Water Heater, PG&E
Property Information
Property Details
  • Planned Unit Development: Unknown
  • New Construct/Resale: Resale
  • Year Built: 1956
  • Year Built Source: Realist Public Rec
  • Square Footage: 4489
  • Square Footage Source: Realist Public Rec
  • Acres: 0.09
  • Lot Square Footage: 3851
  • Lot Description: Level
  • Lot Measurement: Acres
  • Lot Size Source: (Realist Public Rec)
  • Exterior: Stucco
  • Roof: Shingle
  • Common Int Dev: Unknown
Lot / Property Details
Lot Information
  • Water Source: Water-Public
Multi Family/Rental Information
Rental Information
  • Lease Type: Net
  • Lease Deposit: $0
Bedroom Details
  • Num of 1 Bedrooms: 1
  • Num of 2 Bedrooms: 0
  • Num of 3 Bedrooms: 0
  • Num of 4 Bedrooms: 0
  • Num of 1 Bdrms Occupied: 1
  • Num of 2 Bdrms Occupied: 0
  • Num of 3 Bdrms Occupied: 0
  • Num of 4 Bdrms Occupied: 0
Building Details
  • Num of Commercial Units: 0
  • Num of Furnished Units: 0
  • Num of Buildings: 1
  • Num of Studios: 13
  • Num of Studios Occupied: 9
  • Num of Underground: 0
  • Comm Units Rent Range: 0
  • Foundation/Construction: CC Slab
  • Laundry Appliance: Common Room
Income / Expense Details
  • Actual/Projected: Projected
  • GRM: 11.11
  • Gross Scheduled Inc: $72,000
  • Monthly Expenses: $1,541
  • Monthly Income: $6,000
  • Operating Exp Inc: Electricity, Garbage, Gas, Maintenance, Management, Miscellaneous
  • Cap Rate: 7.0
Rent Information
  • Studio Ann Occupancy: 100.0
  • Studio Rent Range: 300-600

Property History for 1232 College Avenue

DateEvent & SourcePriceAppreciation
Nov 17, 2020

Sold (Public Record)

Public Record #1428941000

$830,000
DateEvent & SourcePrice
11/17/2020

Sold (Public Record)

Public Record #1428941000

$830,000

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

Public Records for 1232 College Avenue

Taxable ValueLand$113,654Additions$671,106Total$784,760
Tax Record2025$8,998 ($750 / month)
Home Facts
Total Finished SqFt4,879 SqFtAbove Grade Finished SqFt4,879 SqFtStories1Lot Size3,850 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountySONOMAAPN009-102-027-000Fireplace TypeSingle

Schools near 1232 College Avenue

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
Steele Lane Elementary School
PublicK to 6

Santa Rosa Middle School
Public7 to 8

Santa Rosa 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1232 College Avenue, Santa Rosa, CA 95404
$830,000
4,489
3,851
$200,000
3,825
5,610
8,250
1,170
$367,500
1
756
$700,000
1
1,754

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 Keller Williams Tri-Valley, Bret Fouche, DRE #01909434

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.