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Seller's Agent in 2021
Nick Svenson
Own Marin
A rare opportunity to own 24 units in an A+ location. Just two blocks from The Plaza of Cotati w/ great restaurants, cafes, & shops PLUS just two blocks to the beloved Oliver's Market, Starbucks, & more. Engulfed by parks & just a 5 min drive to Sonoma State University, it is easy to understand & make the most out of the proven appeal to tenants. Comprised of 2 bedroom, 1.5 bathroom Townhouse-style units for ease of ownership & desirability. Each unit includes a private patio + 2 parking spots & boasts a floor plan w/ an astonishing 950+/- SqFt(not verified). Set on a 42,300 SqFt lot, the property has 4 separate buildings. 3 of the 4 roofs have been replaced recently as have many of the appliances. Perfect for investors who want good returns as-is or for those looking to realize the upside of under market rents. One of the lowest prices per door in Sonoma County & some of the largest units in the rental market, the buyer will have an easy path towards realizing excellent cashflow.
Last Agent to Sell the Property
Nick Svenson
Own Marin License #01918616 Listed on: 10/06/2021
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/02/2021 11/02/21 | Sold | $5,820,000 | 0.0% | $269 / Sq Ft |
| 10/27/2021 10/27/21 | Pending | -- | -- | -- |
| 10/06/2021 10/06/21 | For Sale | $5,820,000 | -- | $269 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $68,884 | $6,150,760 | $1,379,570 | $4,771,190 |
| 2024 | $68,884 | $6,030,158 | $1,352,520 | $4,677,638 |
| 2023 | $68,884 | $5,911,920 | $1,326,000 | $4,585,920 |
| 2022 | $36,841 | $3,133,080 | $928,319 | $2,204,761 |
| 2021 | $36,524 | $3,081,248 | $910,117 | $2,171,131 |
| 2020 | $37,061 | $3,049,753 | $900,785 | $2,148,968 |
| 2019 | $36,582 | $2,990,143 | $883,123 | $2,107,020 |
| 2018 | $35,696 | $2,931,702 | $865,807 | $2,065,895 |
| 2017 | $35,090 | $2,874,407 | $848,831 | $2,025,576 |
| 2016 | $33,693 | $2,818,236 | $832,188 | $1,986,048 |
| 2015 | $32,860 | $2,776,048 | $819,688 | $1,956,360 |
| 2014 | $32,632 | $2,721,858 | $803,632 | $1,918,226 |
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Seller's Agent in 2021
Nick Svenson
Own Marin
Buyer's Agent in 2021
John Garrett
Marcus & Millichap Real Estate
(415) 963-3000
2 in this area
23 Total Sales
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 321096180
Ask me questions while you tour the home.