$7,850,000

Estimated payment $50,830/month

Total Views 2,648
50 Beds
6 Baths
23,688 Sq Ft
$331 Price per Sq Ft

Highlights

  • 0.9 Acre Lot
  • Ceiling Fan
  • Laundry Facilities
  • Santa Rosa High School Rated A-
  • Baseboard Heating

About This Home

Pacific Townhomes is a turnkey, fully occupied 26-unit apartment community in one of Santa Rosa's most charming residential neighborhoods. Surrounded by vintage single-family homes, the property benefits from a peaceful, tree-lined setting and an unbeatable central location just minutes from downtown Santa Rosa. Residents enjoy close proximity to Santa Rosa Junior College, Santa Rosa High School, neighborhood parks, local retail, dining options, and a nearby Safeway-anchored shopping center. The property features a landscaped central courtyard, complete with lawn and a swimming pool. There are 25 spacious 2-bedroom, 1.5-bath townhomes and one studio unit. 22 of the 26 units have been partially or fully renovated, featuring quartz countertops, modern shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, stylish lighting, dual-pane windows/sliders, upgraded electrical panels, and in-unit laundry in many homes. Pacific Townhomes is a cash flowing asset with high demand upgrades and strong location appeal that offers further upside through completion of the renovation program across all the townhomes.

Listing Agent

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Home Design

  • Garden Apartment

Interior Spaces

  • 23,688 Sq Ft Home
  • Ceiling Fan

Parking

  • 27 Parking Spaces
  • 25 Covered Spaces
  • Covered Parking
  • Off-Street Parking

Additional Features

  • 0.9 Acre Lot
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 180-590-058-000

Community Details

Overview

  • 4 Buildings
  • 26 Units

Additional Features

  • Laundry Facilities
  • Gross Income $740,688

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Garden Apartments
  • Directions To Property: Use gps.
  • Lot Size Acres: 0.8953
  • CapRate: 5.50
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Square Footage: 23688.00
  • NumberOfBuildings: 4

Exterior Features

  • Lot Features: None

Garage/Parking

  • Parking Features: Covered, Off Street
  • Total Parking Spaces: 27.00
  • Covered Parking Spaces: 25.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Baseboard
  • Laundry Features: Coin Operated, Varies By Unit

Lot Info

  • Assessor Parcel Number: 180-590-058-000
  • Lot Size Sq Ft: 38999.00

Multi Family

  • Number of 2 Bedroom Units: 25
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 26

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $7,850,000 0.0% $331 / Sq Ft
06/04/2025 06/04/25 Price Changed $2,425 +1.0% $2 / Sq Ft
05/28/2025 05/28/25 Price Changed $2,400 -1.0% $2 / Sq Ft
05/07/2025 05/07/25 Price Changed $2,425 -2.8% $2 / Sq Ft
04/22/2025 04/22/25 Price Changed $2,495 +2.9% $2 / Sq Ft
04/18/2025 04/18/25 Price Changed $2,425 -4.9% $2 / Sq Ft
04/17/2025 04/17/25 Price Changed $2,550 +5.2% $3 / Sq Ft
03/24/2025 03/24/25 Price Changed $2,425 +1.0% $2 / Sq Ft
01/29/2025 01/29/25 Price Changed $2,400 +0.2% $2 / Sq Ft
10/23/2024 10/23/24 Price Changed $2,395 -1.2% $2 / Sq Ft
10/11/2024 10/11/24 For Rent $2,425 0.0% --
12/28/2017 12/28/17 Sold $5,750,000 0.0% --
11/05/2017 11/05/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $5,750,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325057967

Bay Area Real Estate Information Services (BAREIS)