1015 S A St - Apartments FOR SALE


Santa Rosa, CA 95404- Earle St & South A St
$4,150,000 USD
415-535-7414
1015 S A St, Santa Rosa, CA for Sale
$4,150,000 USD
Apartments - FOR SALE
1/17
null | 7.38% Cap Rate

1015 S A St
Santa Rosa, CA 95404
Earle St & South A St


HIGHLIGHTS

  • Mixed-Use Income Stack: $78,000 Annually From Commercial Space
  • $1M+ In Completed Capital Improvements
  • Immediate Access to Highway 101, Downtown Santa Rosa, Greater North Bay

OVERVIEW

CBRE, as Exclusive Listing Agent, is pleased to present Las Flores Apartments (the “Property”) for sale — 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. Please reach out to the CBRE Listing Team for additional information

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$709 USD /SF

# OF UNITS

14

PRICE/UNIT

$296,429

CAP RATE

7.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Las Flores Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,569 SF

ZONING

C2P

APN/PARCEL ID

037-121-012

ASK ABOUT THIS PROPERTY

Ben MollahanCBREMore Info
415-535-7414

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Ben MollahanCBREMore Info
415-535-7414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.