Seller's Agent in 2021
Nick Svenson
Own Marin
(415) 505-7674
1 in this area
96 Total Sales
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.
| 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 |
Seller's Agent in 2021
Nick Svenson
Own Marin
(415) 505-7674
1 in this area
96 Total Sales
Buyer's Agent in 2021
John Garrett
Marcus & Millichap Real Estate
(415) 963-3000
2 in this area
22 Total Sales
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 321096180