Sold

475 S E St

Santa Rosa CA, 95404

$3,575,000


$324.44 per sqft

Sold

11,019 sqft

Multi-family

Built in 1974

Upgraded 16-unit apartment complex located near the desirable downtown area of Santa Rosa. The building is comprised of five (5) 2-bedroom, 1.5-bath units, three (3) 2-bedroom, 1-bath units, five (5) 1-bedroom, 1-bath units and three (3) studio units. The spacious floor plans include atriums or large balconies in each unit providing a pleasant living environment for all tenants. The well-designed units and secured indoor hallways have contributed to the historically low vacancy rate for this building. The building has been consistently maintained with many upgrades under the current ownership. Ten (10) units have been fully remodeled, siding repair and exterior paint were completed in 2022, seismic retrofit of the tuck-under parking was completed in 2021 at a cost of $120k, the driveway was recently paved, and the roof is a premium Duralast'' roof that is designed for increased heating and cooling efficiency as well as low maintenance. Property amenities include covered parking spaces and an on-site laundry facility that generates additional income.

322097770

MLS ID

February 16, 2024

Updated

Map

475 S E St
Santa Rosa CA, 95404

Interior Features

Total Stories

0


Laundry Description

Coin Operated, In Common Area


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.39 Acres


Exterior Features

Landscape Front, Shape Regular


Lot Features

Landscape Front, Shape Regular


Roof

Flat, Other


Sewer

Public Sewer

Other Property Details

Area Name

Santa Rosa-Northeast


Garage

No


Parking

Carport, Off Street, Street, Uncovered


Parking Total

24


View

No


County

Sonoma


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Bought with Allan B. Stephens with Allan B. Stephens and Listed by Steven Level with Berkshire Hathaway

Listing Contact:  

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