NOT LISTED FOR SALE

323 2nd St E Sonoma, CA 95476

3 Beds
3 Baths
12,128 Sq Ft
0.76 Acres

Last Sold April 25, 2025

Last sale price $4,400,000 $363 Per Sq Ft

15 Days on Market

Highlights

  • 0.76 Acre Lot
  • Mediterranean Architecture
  • Landscaped
  • Private Lot
  • 20 Car Detached Garage
  • Laundry Facilities

About This Home

As of April 2025

Prime Multi-Family Investment Opportunity in Sonoma, CA - 14- Unit Complex Near Historic Sonoma Plaza. Seize this rare opportunity to own a 14-unit multi-family complex in the heart of Sonoma's Wine Country! Situated on a spacious 0.75- acre lot, this well-maintained property consists of nine 2 bedroom / 1 bath units, and five 1 bedroom / 1 bath units, and is located just moments from the Historic Sonoma Plaza, offering tenants access to world-class dining, shopping, and entertainment.

Last Agent to Sell the Property

Randy Waller

W Real Estate License #01795950 Listed on: 03/31/2025

W Real Estate

Co-Listed By

Tina DeMartini

W Real Estate License #02122607

Last Buyer's Agent

Nicolo Giacomini

Engel & Voelkers San Francisco License #02205096

Engel & Voelkers San Francisco

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.76 Acre Lot
  • Landscaped
  • Private Lot

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3 Bedrooms
  • 12,128 Sq Ft Home
  • 2-Story Property

Parking

  • 20 Car Detached Garage
  • 14 Open Parking Spaces
  • 14 Carport Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Individual Gas Meter
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 018-171-014-000

Community Details

Overview

  • 3 Buildings
  • 14 Units

Additional Features

  • Laundry Facilities
  • Gross Income $374,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: CA-12 E to W Spain St to 2nd St E.
  • Lot Size Acres: 0.7611
  • CapRate: 5.50
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Mediterranean
  • Special Features: None

Interior Features

  • Square Footage: 12128.00
  • NumberOfBuildings: 3

Exterior Features

  • Lot Features: Court, Curb(s), Landscape Back, Landscape Front, Private

Garage/Parking

  • Parking Features: Carport, Detached
  • Total Parking Spaces: 20.00
  • Carport Spaces: 14.00
  • OpenParkingSpaces: 14.00

Utilities

  • Cooling: Wall Unit(s), Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 018-171-014-000
  • Lot Size Sq Ft: 33154.00

Building Info

  • Year Built: 1974

Multi Family

  • 1 Bedroom Rent Range: 1915-2220
  • Two Bedroom Rent Range: 2235-2600
  • Three Bedroom Rent Range: 0-0
  • Four Bedroom Rent Range: 0-0
  • Number Of1 Bedrooms Occupied: 5
  • Number of 1 Bedroom Units: 5
  • Number Of2 Bedrooms Occupied: 9
  • NumberOfUnitsTotal: 14
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/25/2025 04/25/25 Sold $4,400,000 -7.4% $363 / Sq Ft
03/31/2025 03/31/25 For Sale $4,750,000 -- $392 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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
2025 $56,959 $3,832,490 $1,272,793 $2,559,697
2024 $56,959 $3,761,531 $1,247,837 $2,513,694
2023 $56,959 $3,655,631 $1,223,370 $2,432,261
2022 $53,283 $3,584,063 $1,199,383 $2,384,680
2021 $51,784 $3,513,898 $1,175,866 $2,338,032
2020 $51,084 $3,477,925 $1,163,809 $2,314,116
2019 $49,860 $3,409,841 $1,140,990 $2,268,851
2018 $49,531 $3,343,092 $1,118,618 $2,224,474
2017 $47,882 $3,277,652 $1,096,685 $2,180,967
2016 $45,223 $3,214,055 $1,075,182 $2,138,873
2015 $29,244 $1,850,000 $550,000 $1,300,000
2014 $29,239 $1,850,000 $550,000 $1,300,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325024017

Bay Area Real Estate Information Services (BAREIS)