1570 North ST, Santa Rosa, CA 95404
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1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
1570 North ST, Santa Rosa, CA 95404
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Alan Canas

Alan Canas

+1(415) 298-8940
Listed by Adam Foley • CBRE, Inc., DRE#02144332
$ 8,900,000
Est. payment /mo
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Active

1570 North ST Santa Rosa, CA 95404

2 Beds

1 Bath

31,600 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 31,600 sqft

Price per Sqft $281

MLS Listing ID ML82046785

Bedrooms 2

Full Baths 1

Year Built 1960

Lot Size 1.140 Acres

Property Sub-Type Five or More Units

Property Description

North Street Apartments is a 32-unit value-add multifamily community in Santa Rosa offered for purchase individually or as a portfolio with Cedarwood Apartments (725 W College Ave, Santa Rosa). Built in 1970 on 1.14 acres, the property features a 2BR-dominated unit mix averaging 988 SF, 97% occupancy, and approximately $250,000 in recent capital improvements (reroofing, exterior paint, asphalt, pool, lighting, landscaping). In-place rents average $2,384, with $94/unit of immediate mark-to-market upside and an additional $91/unit achievable through interior renovations laminate flooring, kitchen/bath finishes, and in-unit W/D installation in the remaining 15 units. A 30% RUBS program is already in place. Pool, on-site parking, and a quiet residential location near Santa Rosa Junior College, Downtown Santa Rosa, and Highway 101.

Location

State CA

County Sonoma

Area Santa Rosa-Northeast

Zoning CITYSR

Interior

Heating Electric

Cooling Other

Exterior

Parking Features Common Parking Area, Covered Parking

Pool Pool - In Ground

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 180-440-054-000

Security Features Other

Special Listing Condition Not Applicable

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Alan Canas

Alan Canas

PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® CA DRE 01793936NV DRE S.0205600

+1(415) 298-8940

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1570 North ST