Marcus & Millichap is pleased to present the opportunity to acquire 7874–7890 Old Redwood Highway, a 31-unit multifamily and five-suite commercial mixed-use property with an adjacent development parcel in the City of Cotati, California. Situated on approximately 2.62 acres, the offering combines stable in-place cash flow with significant long-term value creation through apartment rent growth, commercial income growth, and future development potential. 7874–7890 Old Redwood Highway presents a compelling opportunity to acquire a mixed-use investment with diversified income, operational upside, and long-term redevelopment potential. The combination of stable cash flow, multifamily rent growth, established commercial tenancy, and future development optionality creates an attractive investment opportunity within one of Northern California’s most desirable and supply-constrained markets. The existing improvements consist of five buildings totaling approximately 27,490 square feet, positioned on approximately 1.75 acres, together with an adjoining 0.87-acre commercially zoned parcel included in the offering. Located along Old Redwood Highway less than one-quarter mile from Downtown Cotati and adjacent to Rohnert Park, the property benefits from excellent regional accessibility, strong demographics, and continued investment throughout the Highway 101 corridor. The multifamily component consists of 31 garden-style apartment homes serving one of Sonoma County’s most supply-constrained rental markets. Continued population growth, limited new housing inventory, and historically low apartment vacancy have supported sustained rental demand, providing investors with a clear path toward revenue growth through strategic asset management and unit repositioning. In addition to the residential income are five fully leased commercial suites occupied by established neighborhood-oriented businesses that provide stable cash flow and diversify the property’s income stream. The commercial tenancy serves the surrounding community while benefiting from increasing activity and ongoing revitalization along the Old Redwood Highway corridor. Included in the offering is an adjacent 0.87-acre commercially zoned parcel, providing investors with meaningful optionality for future development or expansion, subject to applicable planning approvals. The parcel represents a scarce infill development opportunity within a market characterized by limited available land and increasing barriers to new construction.