Address
1216-1234 Glenn St, Santa Rosa, CA
Price
$ 1,750,000
Property Attributes
  • MLS#323031132
  • TypeMulti-Family
  • CountySONOMA
  • CitySanta Rosa
  • AreaSanta Rosa-Northeast
  • Zip95401
  • Style
  • Price$ 1,750,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms4
  • Sqr Footage4687
  • Lot Size0.4178 Acres
Data Source:
Bay Area Real Estate Info Services (BAREIS)
Property Description

6-Unit investment property in desirable Ridgway Historic District. Comprised of 2 detached homes & a fourplex on a large parcel, this property offers tenants a bucolic retreat in a beautiful historic residential neighborhood. The main residence is a large Craftsman style bungalow and features 3 bedrooms/ 1 bathroom, a private yard, laundry area and a detached garage. The second unit located behind the main residence is a fully remodeled 1 bedroom/ 1 bathroom cottage with laundry area and private yard. The 1 bed/ 1 bath single level fourplex includes a carport space. Parklike setting with mature trees and ample parking for all occupants. Great location with easy access to Downtown Santa Rosa, JC Area and the freeway. The highly desirable rental location and fantastic condition of the units makes this a true no brainer'' investment opportunity. Significant rental upside potential due to long term tenants. Ideal for an owner-occupant, as well as investor

Price History
5/12/2023 Listed $1,795,000
6/7/2023 3% - $1,750,000

General Features

Association Y/N No
Auction No
Cap Rate 6.10
Carport Spaces 4.00
City Santa Rosa
Close Price 0.00
Construction Materials Wood Siding
Cooling None
County Sonoma
Directions Ridgeway Ave
Garage Spaces 2.00
Gross Income 130248
Gross Rent Multiplier 13.44
Heating Central, Wall Furnace
Levels One
Lot Size Square Feet 18199.00
MLS Area Santa Rosa-Northeast
Open Parking Spaces 0.00
Possession Close Of Escrow, Subject To Tenant Rights
Property SubType 5 or More Units
Property Type Residential Income
Roof Composition, Tar/Gravel
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Glenn
Subtype Description Apartments, House(s)
Tenant Pays Cable TV, Electricity, Gas
Total Units 6
Utilities City, Electric
Year Built 1956
Year Built Source Other

Interior Features

Laundry Features Varies by Unit
Livingareasource Appraiser
Street Suffix Street
Unit 1 # Of Rooms 5
Unit 1 Approx Sqft 1381
Unit 1 Bedroom Units Total 5
Unit 1 Bedrooms 3
Unit 1 Description 1224
Unit 1 Full Baths 1
Unit 2 # Of Rooms 3
Unit 2 Approx Sqft 494
Unit 2 Bedrooms 1
Unit 2 Description 1224 1/2
Unit 2 Full Baths 1
Unit 3 # Of Rooms 3
Unit 3 Approx Sqft 638
Unit 3 Bedroom Units Total 1
Unit 3 Bedrooms 1
Unit 3 Description 1216
Unit 3 Full Baths 1
Unit 3 Type Apartment
Unit 4 # Of Rooms 3
Unit 4 Approx Sqft 638
Unit 4 Bedrooms 1
Unit 4 Description 1218
Unit 4 Partial Baths 1
Unit 4 Type Apartment

Exterior Features

Buyer Agent Compensation 2.5
Buyer Agent Compensation Type %
Covered Spaces 0.00
Foundation Details Concrete Perimeter, Slab
Lot Features Curb(s), Landscape Front
Lot Size Acres 0.4178
Lot Size Source Assessor Auto-Fill
Lot Size Units Acres
Number of Buildings 3
Parking Features Carport, Garage, Off Street
Total Parking 8.00
Water Source Public

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 95401

Price
AVG $1.33M
$1.75M
Visits
AVG 85
352
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1956
Walkscore
AVG 71
80
Data Provided by Walkscore® not using MLS data

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