$4,150,000

Multi Family In Santa Rosa

  • 6,849 Sqft
  • 25,569 Sqft lot
  • Updated: June 24
  • Source:
    bridgeMLS  MLS#ML82051952

About the Property

Las Flores Apartments is 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-plac
Las Flores Apartments is 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.
  • Property type

    Other

  • Year built

    1936

  • Price/sqft

    $605

Features

  • Renovated
  • Investment Property

Explore the Area

1015 S A Street, Santa Rosa, California, United States View on Google Maps
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CBRE, Inc.

Joined 4 months ago
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CBRE, Inc.
California, United States
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15
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2026
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CBRE, Inc.
California, United States
View agency profile
Last updated
June 24
First listed
Jun 24
Listing reference
ML82051952
Listing status

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