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1158 Humboldt Street

Santa Rosa, CA 95404
  • $9,500,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: 322103043
$9,500,000
  • 25
    BEDS
  • 0.9
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 25,500
    SQFT
  • $373
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Description

Pacific Townhomes is a multifamily community located in the city of Santa Rosa in Sonoma County that consists of 26 apartment units among four buildings on a large street-to-street parcel. The property has a highly desirable unit type and mix, consisting of (25) large two-bedroom/one and half bath townhome units and (1) studio. 17 of the 25 units have been fully renovated and include in-unit laundry which has proven to be a very sought after amenity for today's tenants, commanding strong rents, low turn-over and quick lease up. Additionally many capital improvements have been made to the building including but not limited to new roofs, updated double pane windows, landscaping, and exterior paint. In total, 21 or 81% of the units, have been renovated while still leaving upside and value-add for future owners through further unit renovations. This is the one to add in your long-term portfolio.

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© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Alapa | Coldwell Banker Realty. Data last updated: 2023-01-31T18:03:11.983.
www.lisaalapa.com/homes/135240772
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1158 Humboldt Street Santa Rosa, CA 95404

  • Price: $9,500,000
  • Status: Active
  • On Site: 57 Days
  • ID#: 322103043
25
Beds
1
Baths
0
½ Baths
0.9
Acres
25,500
SQFT
$373
$/SQFT
1966
Built
Neighborhood:
Santa Rosa-Northeast
County:
Sonoma
Area:
Santa Rosa-Northeast
Property Description
Pacific Townhomes is a multifamily community located in the city of Santa Rosa in Sonoma County that consists of 26 apartment units among four buildings on a large street-to-street parcel. The property has a highly desirable unit type and mix, consisting of (25) large two-bedroom/one and half bath townhome units and (1) studio. 17 of the 25 units have been fully renovated and include in-unit laundry which has proven to be a very sought after amenity for today's tenants, commanding strong rents, low turn-over and quick lease up. Additionally many capital improvements have been made to the building including but not limited to new roofs, updated double pane windows, landscaping, and exterior paint. In total, 21 or 81% of the units, have been renovated while still leaving upside and value-add for future owners through further unit renovations. This is the one to add in your long-term portfolio.
Exterior Features

Carport Spaces 24 Covered Spaces 0 Independent Parking Spaces 0 Lot Features Landscape Front Open Parking Spaces 2 Parking Features Carport Parking Total 26 Tandem Parking Spaces 0

Interior Features

1 Bedroom Units Total 0 2 Bedroom Units Total 25 3 Bedroom Units Total 0 4 Bedroom Units Total 0 Commercial Units Total 0 Cooling Ceiling Fan(S) Heating Baseboard Laundry Features Coin OperatedVaries By Unit Studio Units Total 1

Property Features

Association Fee 0 Association YN No Auction No Availability Date 1800-01-01T00:00:00 Gross Income 652980 Property Sub Type 5 Or More Units Property Type Residentialincome Sewer Public Sewer Subtype Description ApartmentsTownhouses Water Source Water District

Listing information © 2023 Bay Area Real Estate Information Services. Listing courtesy of Samuel Ko of Meridian Commercial: .


© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Alapa | Coldwell Banker Realty. Data last updated: 2023-01-31T18:03:11.983.
 
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Lisa Alapa | Coldwell Banker Realty
600 Bicentennial Way, Ste 100
Santa Rosa CA, 95403