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$ 4,150,000
Est. payment /mo
New
1015 S A ST Santa Rosa, CA 95404
0.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82051952
HOA Y/N No
Year Built 1936
Annual Tax Amount $46,321
Lot Size 0.587 Acres
Property Description
Las Flores Apartments is a 14-unit, mixed-use residential and retail asset in the heart of Santa Rosa. Built around a fully renovated multifamily core with over $1MM in recent capital improvements, the Property generates stabilized income from a diversified base: 14 turnkey residential units plus a long-standing retail tenant contributing $78,000 annually roughly 19% of gross revenue. With in-place residential rents approximately 10% below market and no meaningful deferred maintenance, Las Flores offers investors a rare combination of in-place yield, cash flow stability, and built-in rent upside. Located just off U.S. 101, the Property sits within minutes of downtown Santa Rosa, the Sonoma and Napa wine regions, and the broader Bay Area employment base.
Location
State CA
County Sonoma
Area 699 - Not Defined
Zoning CITYSR
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Other
Total Parking Spaces 14
Building
Water Public
Schools
School District Other
Others
Tax ID 037121012000
Special Listing Condition Standard
Listed by Adam Foley CBRE, Inc. #02144332