Last Sold Price
5,200 sqft$257/sqft
515 Davis St, Santa Rosa, CA 95401

Description

Priced significantly below replacement cost, this 9-unit apartment complex provides an excellent repositioning or development opportunity in Sonoma County. Comprised of 6 one-bedroom units and 3 studios, this high upside asset is located in the northeast quadrant of Santa Rosa, just minutes away from Downtown. The property has three separate buildings, a fourplex, triplex and duplex all on one L-shaped lot. The lower level of the triplex currently has two garages, four large rooms and a bathroom...Priced significantly below replacement cost, this 9-unit apartment complex provides an excellent repositioning or development opportunity in Sonoma County. Comprised of 6 one-bedroom units and 3 studios, this high upside asset is located in the northeast quadrant of Santa Rosa, just minutes away from Downtown. The property has three separate buildings, a fourplex, triplex and duplex all on one L-shaped lot. The lower level of the triplex currently has two garages, four large rooms and a bathroom that could potentially be converted into additional units (check with the City of Santa Rosa). The property also has significant development potential to build up to 42,000 square feet of usable building space on the lot. The new owner will be able to collect income from the existing units while going through the approval process.
LISTING CLOSED: 09/03/2021 12:00 AM

  1. Listed by Steven Level • DRE #01184232 • Brokerage DRE #01499008 • Berkshire Hathaway
  2. Listed by Patrick Ripple • DRE #00417952 • Brokerage DRE #01499008 • Berkshire Hathaway

Property Details for 515 Davis Street

Status
MLS #
321067440
Days on Compass
8
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / 5 or More Units
Year Built
1907
Lot Size
0.33 AC / 14,161 SF
Cross Street
7th St
Total Parking Spaces
16

Location

Listing Courtesy of Berkshire Hathaway, Steven Level, DRE #01184232; Berkshire Hathaway, Patrick Ripple, DRE #00417952

Sold By Berkshire Hathaway, Steven Level, DRE #01184232

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Building Information for 515 Davis Street

Stories2Residences-Year Built1907Building Size-Lot Size0.33 AC / 14,161 SF

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$8,144 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,786

Property Taxes

$1,358

HOA Dues

$0

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Property Information for 515 Davis Street

Summary
Location and General Information
  • Area/District: Santa Rosa-Northwest
  • Area Short Display: B0100
  • Directions to Property: 515 Davis St, Santa Rosa, CA
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 010-085-020-000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Parking Features: Garage, Off Street
  • Carport Spaces: 0
  • Garage Spaces: 2
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Property
Lot Information
  • Square Footage: 5200.0
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 14160.0
  • Lot Features: Sidewalk
Property and Assessments
  • Buyer Financing: Cash (No Loan)
  • Picture Count: 34
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Copyright © 2021 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2021 Rapattoni Corporation. All rights reserved.
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 15.44
Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Levels: 2 Story
  • Roof: Composition, Shingle, Tar/Gravel
  • # of Floors: 0
Interior Features
  • Heating: Wall Furnace
  • Cooling: None
  • Laundry Features: Other
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 6
  • 1 Bedroom Rent Range: 800-900
  • 1 Bedroom Annual Occupancy: 97.00%
  • # of 1 Bedrooms Occupied: 6
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Rent Range: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $85,800.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 3
  • # Of Units Total: 9
  • # of Studio Units: 3
  • # Studios Occupied: 3
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Description: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Description: 0
  • Unit 2 Full Baths: 0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 0

Property History for 515 Davis Street

DateEvent & SourcePriceAppreciation
Sep 3, 2021

Sold

REBAREIS #321067440

$1,335,000
Aug 11, 2021

Sold (Public Record)

Public Record #1471531576

$1,335,000
Jul 28, 2021

Pending

REBAREIS #321067440

DateEvent & SourcePrice
09/03/2021

Sold

REBAREIS #321067440

$1,335,000
08/11/2021

Sold (Public Record)

Public Record #1471531576

$1,335,000
07/28/2021

Pending

REBAREIS #321067440

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

Public Records for 515 Davis Street

Taxable ValueLand$562,440Additions$853,316Total$1,415,756
Tax Record2025$16,301 ($1,358 / month)
Home Facts
Baths9Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt2,256 SqFtLot Size10,890 SqFtStyleMulti-Family Res (5+ Units)Year Built1907CountySONOMAAPN010-085-020-000

Schools near 515 Davis 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
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: 515 Davis Street, Santa Rosa, CA 95401
$1,335,000
5,200
14,161
$389,000
3
1,143
4,791
1,729
7,200
2
1
863
4,800
$392,000
2
908
2,400
1
799
3,240

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 Berkshire Hathaway, Steven Level, DRE #01184232; Berkshire Hathaway, Patrick Ripple, DRE #00417952

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.