18585 Manzanita Rd Sonoma, CA 95476
Estimated payment $5,292/month
About This Home
18585 Manzanita Road is a well-located 3-unit multifamily property situated on a quiet residential street in the Boyes Hot Springs community of Sonoma, CA. Just one block west of Sonoma Highway, the property offers easy access to the area's shopping, dining, and everyday conveniences, while being surrounded by well-maintained homes. Built in 1953, the two-story building consists of three 1-Bed/1-Bath units, each featuring wall heaters, individual water heaters, and dishwashers. The second-story unit (Unit #3) boasts a spacious covered balcony, adding to its appeal. Additional amenities include coin-operated laundry and ample parking, with a gravel lot for six vehicles plus a single-car garage. Recent electrical upgrades, including an improved main service and subpanels, provide added value and reliability. This property represents a prime opportunity for investors looking for a bite-sized multifamily asset with significant cash flow potential. With rents positioned below market, a new owner has the ability to stabilize the property, optimize rental income, and increase long-term value. Additionally, 30-year financing at competitive interest rates is available, providing mortgage stability and long-term investment security.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,788
Home Design
- Triplex
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 056-501-036-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,788 | $884,340 | $364,140 | $520,200 |
| 2023 | $13,788 | $867,000 | $357,000 | $510,000 |
| 2022 | $10,472 | $641,105 | $219,476 | $421,629 |
| 2021 | $10,334 | $628,535 | $215,173 | $413,362 |
| 2020 | $9,884 | $622,091 | $212,967 | $409,124 |
| 2019 | $9,802 | $609,894 | $208,792 | $401,102 |
| 2018 | $9,485 | $597,937 | $204,699 | $393,238 |
| 2017 | $8,748 | $586,214 | $200,686 | $385,528 |
| 2016 | $8,687 | $574,720 | $196,751 | $377,969 |
| 2015 | -- | $566,088 | $193,796 | $372,292 |
| 2014 | -- | $480,000 | $170,000 | $310,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $750,000 | +35.1% | -- |
| 04/10/2014 04/10/14 | Sold | $555,000 | 0.0% | -- |
| 03/27/2014 03/27/14 | Pending | -- | -- | -- |
| 02/26/2014 02/26/14 | For Sale | $555,000 | +15.6% | -- |
| 08/06/2013 08/06/13 | Sold | $480,000 | 0.0% | -- |
| 08/05/2013 08/05/13 | Pending | -- | -- | -- |
| 05/17/2013 05/17/13 | For Sale | $480,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Stewart Title | |
| Grant Deed | $555,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $480,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | North Bay Title Co | |
| Grant Deed | $529,000 | North Bay Title Co | |
| Grant Deed | $401,000 | Sonoma Title Guaranty Compan | |
| Interfamily Deed Transfer | -- | Sonoma Title Guaranty Compan |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $472,500 | New Conventional | |
| Previous Owner | $469,000 | New Conventional | |
| Previous Owner | $416,250 | New Conventional | |
| Previous Owner | $423,200 | No Value Available | |
| Previous Owner | $300,750 | No Value Available | |
| Previous Owner | $43,000 | No Value Available |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325030509
APN: 056-501-036
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Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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