1570 North Street, Santa Rosa, California 95404
  • $8,900,000

Overview

Property ID: ML82046785
  • Commercial Sale
  • Property Type
  • 31600 Sqft
  • Area Size
  • 1960
  • Year Built

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: 1570 North Street
  • State/county: CA
  • Zip/Postal Code: 95404

Details

Updated on May 13, 2026 at 8:03 am
  • Property ID ML82046785
  • Price $8,900,000
  • Property Size 31600 Sqft
  • Land Area 1.14 Acres
  • Year Built 1960
  • Property Type Commercial Sale
  • Property Status Active

Additional details

  • Roof Flat
  • Heating Electric
  • County Sonoma
  • Property Type Commercial Sale

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