600-606 Pacific Ave - Apartments FOR SALE


Santa Rosa, CA 95404- Junior College
$1,388,000 USD
707-696-3742
600-606 Pacific Ave, Santa Rosa, CA for Sale
$1,388,000 USD
Apartments - FOR SALE
1/38
null | 5.73% Cap Rate

600-606 Pacific Ave
Santa Rosa, CA 95404
Junior College


OVERVIEW

Rare opportunity to own a prime townhouse-style fourplex in one of the most desirable Santa Rosa Junior College locations. The property consists of three 2-bedroom, 1.5-bath units and one spacious 3-bedroom, 2-bath unit featuring a full bedroom and full bathroom on the main level, offering added flexibility and appeal for both tenants and owner-users alike. All units have been extensively remodeled with updated flooring, modern kitchens, remodeled bathrooms, stainless steel appliances, beautiful cabinetry, and updated fixtures throughout, creating a clean and highly desirable rental product. The property also features dual-pane windows and low maintenance landscaping. The current owners have invested heavily in the exterior and major systems, including a brand new roof, recently painted gutters, upgraded PG&E wiring, and a newer electrical panel. The property generates strong in-place income with approximately $113,000 in gross annual income, making it an attractive opportunity for investors and 1031 exchange buyers seeking stable cash flow in a prime rental market. Additional features include private fenced patios, ample covered carport parking, separate on-site laundry facilities, and storage units for tenant convenience. The strong unit mix, extensive upgrades, and prime location continue to support excellent tenant demand and stable long-term income performance. Conveniently located near downtown Santa Rosa, Coddingtown Mall, Kaiser and Sutter hospitals, shopping, restaurants, transportation, and the SMART Train corridor, this is an outstanding opportunity to acquire a turnkey multifamily asset in one of Santa Rosa’s strongest and most stable rental markets.

FOR SALE DETAILS

PRICE

$1,388,000 USD

PRICE/SF

$421 USD /SF

# OF UNITS

4

PRICE/UNIT

$347,000

CAP RATE

5.73%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,538 SF

ZONING

CITYSR

APN/PARCEL ID

180-490-065

ASK ABOUT THIS PROPERTY

David RendinoRE/MAX MarketplaceMore Info
707-696-3742

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David RendinoRE/MAX MarketplaceMore Info
707-696-3742

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