3938 Gravenstein Hwy S - Apartments FOR SALE


Sebastopol, CA 95472
$1,300,000 USD
805-709-7143
3938 Gravenstein Hwy S, Sebastopol, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/58
null | Request Cap Rate

3938 Gravenstein Hwy S
Sebastopol, CA 95472


OVERVIEW

3 HOMES ON 1.67 ACRES OF FLAT USABLE LAND! This exceptional investment opportunity offers three homes on 1.67 acres of prime, flat, and usable land, perfect for a variety of uses. The property features a renovated 3-bedroom, 2-bathroom home with 1,400 square feet of living space, a charming 3-bedroom, 2-bathroom home with 1,300 square feet, and a brand new 1-bedroom, 1-bathroom home, just completed in August 2024, offering 640 square feet of modern comfort. Each home is on a separate meter, providing flexibility for rentals, extended family living, or multi-use purposes. One of the homes includes a spacious metal shop, ideal for hobbies or business needs. The 1.33-acre parcel surrounding the homes is fully fenced and cross-fenced, with multiple gates for easy access and privacy. This expansive space offers endless possibilities, whether you're looking to build additional structures, start an agricultural venture, or simply enjoy the serene rural environment. With the potential for rental income or a family compound, this property is a rare find that combines versatility and opportunity in a desirable location.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$331 USD /SF

# OF UNITS

3

PRICE/UNIT

$433,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Units on One Property in Sebastopol, CA

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

3

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

-

APN/PARCEL ID

062-060-041

ASK ABOUT THIS PROPERTY

Abel ContrerasInvestSLOMore Info
805-709-7143

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Abel ContrerasInvestSLOMore Info
805-709-7143

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