Last Sold Price
12,840 sqft$405/sqft
647 Dutton Ave, Santa Rosa, CA 95407

Description

The Crossing at Dutton provides investors a unique opportunity to acquire a turn-key asset with EXTRA upside in income potential through lease rate increases and utility reimbursement income (RUBS). Future ownership will benefit from limited deferred maintenance, as the property received major upgrades to the interiors (17 of 18 units fully remodeled) and exterior over the past 12 months. Dual pane windows, new decking and all roofs were replaced between 2008-2012. The tastefully landscaped grounds...The Crossing at Dutton provides investors a unique opportunity to acquire a turn-key asset with EXTRA upside in income potential through lease rate increases and utility reimbursement income (RUBS). Future ownership will benefit from limited deferred maintenance, as the property received major upgrades to the interiors (17 of 18 units fully remodeled) and exterior over the past 12 months. Dual pane windows, new decking and all roofs were replaced between 2008-2012. The tastefully landscaped grounds of the property provide a quaint, secluded place for tenants to call home. Tree-lined courtyards, balconies and patios all make for a private living experience. The complex is located in close proximity to major highways (HWY 12) and freeways (101), schools, employers, shopping, public transportation (bus stops and light rail), and bike paths (Joe Rodota Trail). Download the Offering Memorandum here: https://www.redwoodpropertyco.com/dutton
LISTING CLOSED: 10/07/2022 12:00 AM

  1. Listed by Nick Oliver • DRE #02133612 • Brokerage DRE #02166543 • Redwood Property Company • 831-275-5320
  2. Listed by Joe Budka • DRE #01913402 • Brokerage DRE #02166543 • Redwood Property Company

Property Details for 647 Dutton Avenue

Status
MLS #
ML81899811
Days on Compass
85
Taxes
$59,577 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family 5+
MLS Type
5+ Units / Five or More Units
Year Built
1971
Lot Size
0.96 AC / 42,000 SF
MLS City Name
SANTA ROSA
Building Type
Other
Complex Name
The Crossing at Dutton
Garage Spaces
0
Parking Spaces
18
Cross Street
Sebastopol Rd

Location

Listing Courtesy of Redwood Property Company, Nick Oliver, DRE #02133612; Redwood Property Company, Joe Budka, DRE #01913402

Sold By Jeremy Lee, Broker, Jeremy Lee, DRE #01951309

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Building Information for 647 Dutton Avenue

Stories-Residences-Year Built1971Building Size-Lot Size0.96 AC / 42,000 SF

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$31,396 per month

30 year fixed, 6.55% Interest

Principal and Interest

$26,431

Property Taxes

$4,965

HOA Dues

$0

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Property Information for 647 Dutton Avenue

Features
Features
  • Fireplace: No
  • Flooring: Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 12840
  • Pool: No
  • Security Features: Security Fence
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Floor Furnace, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 18
Garage
  • Garage and Parking: Covered Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Building Name: The Crossing at Dutton
  • Min Num Of Units in Complex: 18
  • Area Text: Santa Rosa-Southwest
  • Restrictions: None
  • Roof: Shingle
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 647
  • Street Name: Dutton
  • Street Suffix: Avenue
  • Area ID: 25117
Lot / Property Details
Building Information
  • Number of Buildings: 6
  • Structure SqFt: 12840
  • Structure SqFt Source: Assessor
  • Age: 51
Development Information
  • Zoning Detail: R315UA
Location Information
  • City Limits: Yes
  • Parcel Number: 125-162-022-000
  • County Name: Sonoma
  • City Name: SANTA ROSA
  • City Postal ID: 221
  • Postal Code: 95407
  • Elementary School District: 1838
  • High School District Text: Santa Rosa High
Lot Information
  • Foundation: Post and Pier
  • Lot Acres: .96
  • 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: 18
General Information
  • Annual Tax Amount: $59,577
  • Capitalization Rate: 5.01
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,906
  • Expense Landscape: $0
  • Expense Maintenance: $7,200
  • Expense Management: $1,701
  • Expense Trash: $15,704
  • Expenses Other: $12,420
  • Expenses Utility: $33,919
  • Expenses Total: $149,738
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - On-Site Manager, Services - Sewer, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 12.34
  • Income Annual Gross: $412,548
  • Income Annual Rental: $418,200
  • Income Gross Scheduled: $425,307
  • Income Other: $7,107
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,350
  • Unit 1 Type: Flat
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 750
Listing Info
Rental Info
  • Lease Type: Net

Property History for 647 Dutton Avenue

DateEvent & SourcePriceAppreciation
Oct 7, 2022

Sold

EBRD #ML81899811

$5,200,000
Oct 7, 2022

Pending

EBRD #ML81899811

Oct 7, 2022

Sold

MLSListings #ML81899811

$5,200,000
DateEvent & SourcePrice
10/07/2022

Sold

EBRD #ML81899811

$5,200,000
10/07/2022

Pending

EBRD #ML81899811

10/07/2022

Sold

MLSListings #ML81899811

$5,200,000

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

Public Records for 647 Dutton Avenue

Taxable ValueLand$1,378,530Additions$4,049,550Total$5,428,080
Tax Record2025$63,966 ($5,331 / month)
Home Facts
Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtStories1Lot Size42,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1976CountySONOMAAPN125-162-022-000

Schools near 647 Dutton Avenue

This home is within Roseland School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 12
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Roseland Elementary School
PublicK to 6

Learning House
PublicK to 12

Elsie Allen High School
Public9 to 12

Sheppard Elementary School
PublicK to 6

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: 647 Dutton Avenue, Santa Rosa, CA 95407
$5,200,000
12,840
42,000
1
1,684
10,320
1
1,596
10,320
$725,000
$620,000
3
1,156
10,320
$725,000
38,450

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 Redwood Property Company, Nick Oliver, DRE #02133612; Redwood Property Company, Joe Budka, DRE #01913402

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.