NOT LISTED FOR SALE

323 2nd St E Sonoma, CA 95476

3 Beds
3 Baths
12,128 Sq Ft
0.76 Acres Lot

Sale Details

Date 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 #DRE #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 #DRE #02205096

Engel & Voelkers San Francisco

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 33,154 Sq Ft 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
  • Separate Meters
  • 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

0.76 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $58,114 $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

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325024017

Bay Area Real Estate Information Services (BAREIS)
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