NOT LISTED FOR SALE

Santa Rosa, CA 95404

Junior College Neighborhood
44 Beds
-- Bath
21,312 Sq Ft
1.22 Acres

Last Sold August 29, 2017

Last sale price $6,600,000 $310 Per Sq Ft

134 Days on Market

About This Home

As of August 2017

Magnolia Place Apartments, A spectacular new twenty unit apartment complex, located just north of downtown Santa Rosa. Priced at $6,600,000, the property offers an outstanding mix of sixteen 1008 square foot 2 bedroom 2 bathroom units and four approx. 1,296 square foot 3 bedroom 2 bath units situated on an approx. 1.22 acre level site.

Last Agent to Sell the Property

Scott Gerber

Norcal Commercial License #01138762 Listed on: 04/06/2016

Last Buyer's Agent

Jim Ryan

Ryan Realty License #00578090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 1.22

Home Design

  • 21,312 Sq Ft Home
  • Concrete Foundation

Parking

  • Covered Parking
  • Uncovered Parking

Additional Features

  • Laundry in unit
  • 1.22 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 180-680-056-000

Community Details

Overview

  • 2 Buildings
  • 20 Units

Building Details

  • Gross Income $514,032

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: US-101 N to College Ave in Santa Rosa. Take exit 490 from US-101 N, Take exit 490 for College Ave
  • Lot Size Acres: 1.2211
  • CapRate: 5.02
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 309.68
  • Square Footage: 21312
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Other

Garage/Parking

  • Parking Features: Covered, Uncovered

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit

Lot Info

  • Assessor Parcel Number: 180-680-056-000
  • Lot Size Sq Ft: 53189

Building Info

  • Year Built: 2016

Multi Family

  • Two Bedroom Rent Range: $2000
  • Three Bedroom Rent Range: 2300
  • Number of 3 Bedroom Units: 4
  • NumberOfUnitsTotal: 20

Range of Values:

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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
08/29/2017 08/29/17 Sold $6,600,000 0.0% $310 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $6,600,000 -- $310 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Scott Gerber

    Norcal Commercial

    (415) 215-3333

    3 Total Sales

    Scott Gerber
    Section Image
  • Jim Ryan

    Buyer's Agent in 2017

    Jim Ryan

    Ryan Realty

    (707) 545-2211

    4 Total Sales

    Jim Ryan
    Section Image
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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21609453

Bay Area Real Estate Information Services (BAREIS)
California Sonoma County Santa Rosa 95404

Junior College

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