17505 Sonoma Hwy - Apartments FOR SALE


Sonoma, CA 95476
$1,250,000 USD
707-528-1400
17505 Sonoma Hwy, Sonoma, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/18
null | 4.04% Cap Rate

17505 Sonoma Hwy
Sonoma, CA 95476


OVERVIEW

• 4 UNITS – 2 Bd/1 Ba; 1 Bd/1Ba, & 2 Studio’s/Office/Retail Units • Potential as Multi-Use with Commercial and/or Residential Units • 2-Story Building Approximately 2,513 Square Feet • Lot Size Approximately 4,896 Square Feet • 2 Units on Each Floor (Office/Studios on 1st Floor & Residential on 2nd Floor) • Below Market Rents – Annual Gross Income at $72,600 • On-Site Parking – Monument Signage • Wood Frame With Wood Siding & Stucco Exterior • Built in 1949; Remodeled in 1990 & Most Recently Remodeled in 2011 • Recent Improvements in 2023: Roof/Gutter Replacement (Half), Furnaces (2) & Exterior Deck Improvements • Building/Property Improvements: Fire Sprinklers, ADA Parking & Restroom (1st floor), 4 Electric Meters, 2 Gas Meters, 1 Water Meter • Excellent Location on Sonoma Highway/Highway 12 – Near Aqua Caliente • Zoned Limited Commercial (LC)

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$497 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

4.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed Use/Multifamily Investment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,896 SF

ZONING

LC

APN/PARCEL ID

056-314-020

ASK ABOUT THIS PROPERTY

Rhonda DeringerKeegan & Coppin Company, Inc.More Info
707-528-1400

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Rhonda DeringerKeegan & Coppin Company, Inc.More Info
707-528-1400

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