NOT LISTED FOR SALE

294 E Cotati Ave Cotati, CA 94931

4 Beds
6 Baths
21,600 Sq Ft
0.97 Acres

Last Sold November 02, 2021

Last sale price $5,820,000 $269 Per Sq Ft

21 Days on Market

Highlights

  • 0.97 Acre Lot
  • Outdoor Grill
  • Laundry Facilities

About This Home

As of November 2021

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

Compass License #01918616 Listed on: 10/06/2021

Compass

Last Buyer's Agent

John Garrett

Marcus & Millichap Real Estate License #01421403

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.97

Interior Spaces

  • 4 Bedrooms
  • 21,600 Sq Ft Home
  • 2-Story Property

Parking

  • 48 Parking Spaces
  • Carport
  • Uncovered Parking

Additional Features

  • Outdoor Grill
  • 0.97 Acre Lot
  • No Cooling

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 144-282-014-000

Community Details

Overview

  • 4 Buildings
  • 24 Units

Additional Features

  • Laundry Facilities
  • Gross Income $455,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: W. Sierra Ave to Cotati Ave.
  • Lot Size Acres: 0.9711
  • Stories: 2
  • CapRate: 4.10
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Other
  • Special Features: None

Interior Features

  • Price Per Square Foot: 269.44
  • Square Footage: 21600
  • NumberOfBuildings: 4

Exterior Features

  • Lot Features: Central BBQ

Garage/Parking

  • Parking Features: Carport, Covered, Uncovered
  • Total Parking Spaces: 48

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Other
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 144-282-014-000
  • Lot Size Sq Ft: 42301

Rental Info

  • TenantPays: Electricity

Building Info

  • Year Built: 1971

Multi Family

  • Two Bedroom Rent Range: 1500-1795
  • Number Of2 Bedrooms Occupied: 24
  • NumberOfUnitsTotal: 24

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 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
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Svenson

    Seller's Agent in 2021

    Nick Svenson

    Compass

    (415) 505-7674

    1 in this area

    98 Total Sales

    Nick Svenson
    Section Image
  • John Garrett

    Buyer's Agent in 2021

    John Garrett

    Marcus & Millichap Real Estate

    (415) 963-3000

    2 in this area

    21 Total Sales

    John Garrett
    Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321096180

Bay Area Real Estate Information Services (BAREIS)
California Sonoma County Cotati 94931

294 E Cotati Ave, Cotati, CA

Not Listed for Sale

MultiFamily

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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