515 Davis Street Santa Rosa, CA 95401
5,200 Sq. Ft. / 14,161 Sq. Ft., 0.325 acres lot size / Multi-Family
Status: Sold
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Priced significantly below replacement cost, this 9-unit apartment complex provides an excellent repositioning or development opportunity in Sonoma County. Comprised of 6 one-bedroom units and 3 studios, this high upside asset is located in the northeast quadrant of Santa Rosa, just minutes away from Downtown. The property has three separate buildings, a fourplex, triplex and duplex all on one L-shaped lot. The lower level of the triplex currently has two garages, four large rooms and a bathroom that could potentially be converted into additional units (check with the City of Santa Rosa). The property also has significant development potential to build up to 42,000 square feet of usable building space on the lot. The new owner will be able to collect income from the existing units while going through the approval process.
property details
Type
Multi-Family
Status
Closed
County
Sonoma
Year Built
1907
Sq. Ft.
5,200
Lot Size
14,161 Sq. Ft., 0.3 acres
Listing Id
321067440
Courtesy Of
Steve Level - Berkshire Hathaway +1 415 747 2150
List Office Phone
+1 (415) 329-6790
Interior Features
Living Area Units
Sq. Ft.
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
5,200 Sq. Ft.
Architectural Style
Other
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
09/13/2021
09/13/2021
|
Sold |
$1,335,000
|
Bay Area |
|
08/02/2021
08/02/2021
|
Contingent |
$1,325,000
|
Bay Area |
|
07/20/2021
07/20/2021
|
Active |
$1,325,000
|
Bay Area |
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Market Trends
Source: Constellation1
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