6015 Montecito Blvd - Apartments FOR SALE


Santa Rosa, CA 95409- Outer Santa Rosa
$3,995,000 USD
415-625-2131
6015 Montecito Blvd, Santa Rosa, CA for Sale
$3,995,000 USD
Apartments - FOR SALE
1/6
null | 5.5% Cap Rate

6015 Montecito Blvd
Santa Rosa, CA 95409
Outer Santa Rosa


HIGHLIGHTS

  • 14-Unit Apartment Complex in Rincon Valley – Featuring 8 two-bedroom and 6 one-bedroom units in a sought-after Santa Rosa neighborhood.
  • Major Upgrades Completed – New roof, electrical main panels, and subpanels ensure long-term durability and reduced capital needs.
  • Value-Add Potential – 10 of 14 units already remodeled, with room to add further upside through additional renovations.
  • Prime Location – Less than half a mile from grocery, dining, and shopping; 1.5 miles from Santa Rosa’s top-rated schools.
  • Investor-Friendly Asset – Well-maintained property with ample parking, strong renter demand, and stable neighborhood fundamentals.

OVERVIEW

Exclusively listed by: John Garrett, john.garrett@marcusmillichap.com, (415) 652-8431. Bridgewood Apartments is a turnkey 14-unit multifamily community in the highly desirable Rincon Valley neighborhood of northeast Santa Rosa. The property features eight spacious 2-bed/1-bath units and six 1-bed/1-bath units, offering an ideal mix for renters. Substantial capital improvements have already been completed, including a new roof, new electrical main panels and subpanels, and renovations to 10 of the 14 units—providing immediate appeal and long-term durability. Tenants enjoy excellent walkability, with a major grocery store, neighborhood restaurants, and shopping less than half a mile away. Families are drawn to the area’s top-ranked elementary, middle, and high schools, all within 1.5 miles. With plentiful parking, strong neighborhood fundamentals, and diligent upkeep, Bridgewood Apartments represents a great opportunity to acquire a well maintained, income-generating asset in a prime Santa Rosa location.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

14

PRICE/UNIT

$285,357

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bridgewood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

CITYSR

APN/PARCEL ID

182-140-001

ASK ABOUT THIS PROPERTY

John GarrettMarcus & MillichapMore Info
415-625-2131

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John GarrettMarcus & MillichapMore Info
415-625-2131

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