3501 Gravenstein S hwy - Multi-Family FOR SALE


Sebastopol, CA 95472
$899,000 USD
415-747-2150
3501 Gravenstein S hwy, Sebastopol, CA for Sale
$899,000 USD
Multi-Family - FOR SALE
1/24
null | 7.56% Cap Rate

3501 Gravenstein S hwy
Sebastopol, CA 95472


HIGHLIGHTS

  • Great Sebastopol Location
  • Four Individual Cottages
  • Value-Add Opportunity
  • Rental Upside

OVERVIEW

Rare opportunity to own a cash-flowing 4-unit investment property in one of Sonoma County’s most desirable locations. This unique property features four charming individual cottages — two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units — offering excellent rental versatility. Situated on a generous 0.43-acre lot, the property provides potential for the addition of ADUs (buyer to verify). Features include a shared on-site laundry room, abundant on-site parking and a newer water filtration and softener system for the private well. Tenants pay for their own gas, electricity and trash, and with both well and septic systems in place, operating expenses remain low for increased net returns. Set back from Highway 116 for added privacy yet just minutes to Downtown Sebastopol, Graton Resort & Casino, and the best of Sonoma County wine country, this property combines convenience with a sought-after rural charm. This investment property provides a significant value-add opportunity with considerable rental upside in a coveted real estate location.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$366 USD /SF

# OF UNITS

4

PRICE/UNIT

$224,750

CAP RATE

7.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1932

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,900 SF

ZONING

-

APN/PARCEL ID

063-110-020

ASK ABOUT THIS PROPERTY

Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

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Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

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