Sold
Last Sold Price
12,740 sqft$208/sqft
862 West Ave, Santa Rosa, CA 95407
Multi FamilyProperty Type
0.55 acresLot Size
1960Year Built
$208/sq ftPrice per sq ft
15 carsParking Spaces

Description

Priced significantly below replacement cost, this high upside 16-unit apartment complex is comprised of 12 one-bedroom units and 4 two-bedroom units. The asset is located in the Roseland area of southwest Santa Rosa. Each unit features a patio or deck and most units have new sliding doors. The upstairs units have beautiful open beam ceilings creating a spacious living environment. This apartment building features an on-site laundry room generating additional income, an office for the on-site manager,...Priced significantly below replacement cost, this high upside 16-unit apartment complex is comprised of 12 one-bedroom units and 4 two-bedroom units. The asset is located in the Roseland area of southwest Santa Rosa. Each unit features a patio or deck and most units have new sliding doors. The upstairs units have beautiful open beam ceilings creating a spacious living environment. This apartment building features an on-site laundry room generating additional income, an office for the on-site manager, separate meters for PG&E and individual water heaters for each unit. The property has been consistently maintained under the current ownership. With one of the lowest price-per-door of any apartment building in Sonoma County over the last 5+ years, a new owner who updates the interiors and increases the rents to market will generate excellent cash flow from this unique investment opportunity.
  • Listed by: Steven Level DRE #01184232 Brokerage DRE #01499008 • Berkshire Hathaway
Listing closed: 08/16/2021 12:00 AM • Source: REBAREIS, MLS#: 321050252

Location

Listing Courtesy of Berkshire Hathaway, Steven Level, DRE #01184232

Sold By K&K Homes Realty, Tai Le

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$16,260 per month

30 year fixed, 6.55% Interest

Principal and Interest

$13,470

Property Taxes

$2,790

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 862 West Avenue

Property Details
  • MLS Type: COMM RI MULTI-UNITS 5+ / 5 or More Units
  • Cross Street: Sunset Ave
  • Total Parking Spaces: 15
Building Information
  • Stories: 2
  • Year Built: 1960
  • Lot Size: 0.55 AC / 24,001 SF
Summary
Location and General Information
  • Area/District: Santa Rosa-Southwest
  • Area Short Display: B0300
  • Directions to Property: 862 West Ave, Santa Rosa, CA
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 125-231-025-000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Parking Features: Off Street, Uncovered
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Property
Lot Information
  • Square Footage: 12740.0
  • Square Footage Source: Not Verified
  • Year Built Source: Owner
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 24000.0
  • Lot Features: Shape Regular
Property and Assessments
  • Buyer Financing: Cash (No Loan)
  • Picture Count: 24
  • 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: 14.80
Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Separate Meters: Electricity, Gas
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: Coin Operated, In Common Area, Washer/Dryer Owned
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 12
  • 1 Bedroom Rent Range: 825-925
  • 1 Bedroom Annual Occupancy: 100.00%
  • # of 1 Bedrooms Occupied: 12
2 Bedroom Unit
  • # of 2 Bedroom Units: 4
  • 2 Bedroom Rent Range: 950-1300
  • 2 Bedroom Annual Occupancy: 100.00%
  • # of 2 Bedrooms Occupied: 4
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: $186,100.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 2
  • # Of Units Total: 16
  • # of Studio Units: 0
  • # Studios Occupied: 0
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 862 West Avenue

DateEvent & SourcePriceAppreciation
Aug 16, 2021

Temporarily Off Market

EBRD #BA321050252

Aug 16, 2021

Sold

REBAREIS #321050252

$2,650,000
Aug 16, 2021

Pending

EBRD #BA321050252

DateEvent & SourcePrice
08/16/2021

Temporarily Off Market

EBRD #BA321050252

08/16/2021

Sold

REBAREIS #321050252

$2,650,000
08/16/2021

Pending

EBRD #BA321050252

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

Public Records for 862 West Avenue

Taxable ValueLand$843,660Additions$1,992,540Total$2,836,200
Tax Record2025$33,477 ($2,790 / month)
Home Facts
Total Finished SqFt7,910 SqFtAbove Grade Finished SqFt7,910 SqFtStories2Lot Size24,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountySONOMAAPN125-231-025-000

Schools near 862 West 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

Roseland Creek Elementary
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.

Similar Homes

New listings in 95407

$779,000 | 1476 Hughes Avenue, Santa Rosa, CA 95407
1/40
Listed By Coldwell Banker RealtyOpen: 8/23 01:00PM - 04:00PM

$779,000

4
Bedrooms
2,140
Square Feet
0.14
Acres
$171,000 | 160 Plaza Drive, Santa Rosa, CA 95407
1/18

$171,000

2
Bedrooms
728
Square Feet
Unavailable
Acres
$704,990 | 3892 Terrabrook Drive, Santa Rosa, CA 95407
1/4

$704,990

4
Bedrooms
1,682
Square Feet
0.08
Acres
$705,990 | 1185 Aloise Avenue, Santa Rosa, CA 95407
1/4

$705,990

3
Bedrooms
2,157
Square Feet
0.07
Acres
$749,500 | 1442 Trombetta Street, Santa Rosa, CA 95407
1/19
Listed By CompassOpen: 8/23 02:00PM - 04:00PM

$749,500

4
Bedrooms
2,176
Square Feet
0.09
Acres
$510,000 | 764 Southwood Drive, Santa Rosa, CA 95407
1/8
Contingent - Show

$510,000

3
Bedrooms
1,008
Square Feet
0.14
Acres
$625,000 | 925 Aussie Avenue, Santa Rosa, CA 95407
1/40
Listed By Coldwell Banker Realty

$625,000

3
Bedrooms
1,884
Square Feet
0.07
Acres
$550,000 | 1444 Gloria Drive, Santa Rosa, CA 95407
1/33
Virtual Tour

$550,000

3
Bedrooms
1,726
Square Feet
0.23
Acres
$89,900 | 208 Aileen Avenue, Santa Rosa, CA 95407
1/16

$89,900

1
Bedrooms
530
Square Feet
Unavailable
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 862 West Avenue, Santa Rosa, CA 95407
$2,650,000
12,740
24,001
$1,125,000
10,000
24,001
$2,935,000
40
2,643
59,677
$150,000
2
1,008
15,246
$785,000
4,200
13,068
2
1
1,316
6,596

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

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.