1570 North Street, Santa Rosa, California 95404
- $8,900,000
- $8,900,000
Overview
- Commercial Sale
- 31600 Sqft
- 1960
Description
North Street Apartments is a 32-unit value-add multifamily community in Santa Rosa offered for purchase individually or as a portfolio with Cedarwood Apartments (725 W College Ave, Santa Rosa). Built in 1970 on 1.14 acres, the property features a 2BR-dominated unit mix averaging 988 SF, 97% occupancy, and approximately $250, 000 in recent capital improvements (reroofing, exterior paint, asphalt, pool, lighting, landscaping). In-place rents average $2, 384, with $94/unit of immediate mark-to-market upside and an additional $91/unit achievable through interior renovations laminate flooring, kitchen/bath finishes, and in-unit W/D installation in the remaining 15 units. A 30% RUBS program is already in place. Pool, on-site parking, and a quiet residential location near Santa Rosa Junior College, Downtown Santa Rosa, and Highway 101.
Address
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Address: 1570 North Street
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State/county: CA
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Zip/Postal Code: 95404
Details
Updated on May 13, 2026 at 8:03 am-
Property ID ML82046785
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Price $8,900,000
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Property Size 31600 Sqft
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Land Area 1.14 Acres
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Year Built 1960
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Property Type Commercial Sale
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Property Status Active
Additional details
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Roof Flat
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Heating Electric
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County Sonoma
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Property Type Commercial Sale
Features
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