170 1st St E - Apartments FOR SALE


Sonoma, CA 95476
$2,300,000 USD
415-625-2131
170 1st St E, Sonoma, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/10
null | 4.87% Cap Rate

170 1st St E
Sonoma, CA 95476


HIGHLIGHTS

  • Exceptional location just north of the historic Sonoma Plaza
  • Well maintained property offering high demand unit amenities including A/C and laundry
  • Adjacent to community recreational facilities and open space
  • Units are condo-mapped and have individual meters for Water & PG&E

OVERVIEW

*** Bankruptcy sale - NDA required to be signed by all interested purchasers before marketing materials can be made available. Please contact John Garrett or Jon Holmquist to receive copy of NDA. *** The French Quarter is a well-maintained 7-unit apartment complex in an irreplaceable location just blocks from Sonoma Plaza. Built circa 1985, the property consists of two buildings with a diverse unit mix, including three 2-Bed/2.5-Bath townhomes, one 2-Bed/2-Bath apartment, and three 1-Bed/1-Bath apartments. Each unit features a private patio or deck, with recently rebuilt decks and staircases, adding long-term structural value. Residents enjoy modern amenities, including forced air HVAC, in-unit laundry hookups, dishwashers, disposals, and individual water heaters. The complex boasts mature landscaping, pitched cement tile roofs, and covered parking spaces with private storage. The property is adjacent to recreational facilities and open space, providing a peaceful residential feel while remaining just steps from Sonoma’s top shopping, dining, and entertainment options. With strong in-place cash flow and upside potential, the French Quarter presents an excellent investment opportunity in one of California’s most sought-after rental markets. The combination of well-maintained buildings, recent capital improvements, and a high-demand location makes this a rare acquisition opportunity for investors looking to add a stable, appreciating asset to their portfolio.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$318 USD /SF

# OF UNITS

7

PRICE/UNIT

$328,571

CAP RATE

4.87%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The French Quarter

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,330 SF

ZONING

-

APN/PARCEL ID

092-010-014,092-010-015

ASK ABOUT THIS PROPERTY

John GarrettMarcus & MillichapMore Info
415-625-2131

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John GarrettMarcus & MillichapMore Info
415-625-2131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.