721 Mendocino Avenue
Santa Rosa, CA 95401

Sold

Sold for $1,030,000 on Apr 24, 2019

Description

Very desirable mixed use property located between Downtown and Santa Rosa Junior College on Mendocino Ave. Bail Bonds firm is tenant in front 1, 811+/-sf office building. Four one bedroom apartments, approx. 552 sf each, are situated over garages in back of office building. Alley way on south side allows access to apartments. Zoning:CO-H(Commercial Office - Historic (Ridgway Preservation District). Also listed as Commercial Mixed Use MLS 21807280.

Features

• Property Type: Multi Family 5+
• Sub Type: Multi Unit 5+
• Listing Status: Sold
• Listing Price: $1,060,000
• County/Area: Sonoma County
• Zip Code: 95401
• Year Built: 1920
• Sq.Ft.: 4,023 sq ft
• Units: 4 units
• Lot Size: 15682 sq ft lot
• Area: Santa Rosa-Northeast
• # Studios Occupied: 4
• # of Buildings: 3
• # of Garage(s): 6
• # of Studios: 4
• Actual/Projected: Actual
• Cap Rate: 5.15
• Est Net Income: 57428.00
• Est Total Annual Exp: 37732.00
• Est. Maintenance Exp: 6283.00
• Est. Management: 5239.00
• Est. Misc. Expenses: 3290.00
• Est. Utilities Exp.: 5766.00
• Expense Source: Owner
• Exterior: Plaster, Wood Siding
• Floors: Part Carpet, Vinyl/Linoleum, Wood
• Gross Scheduled Inc: 95160.00
• Heat/Cool: Wall Furnace
• Lot Description: Level, City
• Lot Measurement: Acres
• Lot Size [SqFt]: 15751.00
• Monthly Expenses: 3144.33
• Monthly Income: 7930.00
• On Site Parking: Garage
• Operating Exp Inc: Garbage, Insurance, Maintenance, Management, Taxes/Assessments, Vacancy Factor, Water
• Roof: Composition
• Sale/Lease-Rent: Sale
• Sewer/Septic: Sewer Public
• Square Footage Source: Realist Public Rec
• Status Date: 2019-04-24
• Studio Ann Occupancy: 100.00
• Studio Rent Range: $925-$1350
• Tenant Pays: Cable TV, Electricity
• Water Source: Water-Public
• Year Built Source: Realist Public Rec
• Sold Date: 2019-04-24
• Sold Price: 1030000.00