721 Mendocino Avenue

    Santa Rosa, CA 95401
    • $1,349,000
    • STATUS: Active
    • ON SITE: 126 days
    • ID#: 21809151
    UPDATED: 34 min ago
    $1,349,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,023
      SQFT
    • $335
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Very desirable mixed use property located between Downtown and Santa Rosa Junior College on Mendocino Ave. Bail Bonds firm is tenant in front 1,811+/-sf office building. Four one bedroom apartments, approx. 552 sf each, are situated over garages in back of office building. Alley way on south side allows access to apartments. Zoning:CO-H(Commercial Office - Historic (Ridgway Preservation District). Also listed as Commercial Mixed Use MLS 2180728.

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    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-08-21T21:56:25.747.
    www.showcaseproperties.com/homes/82656286

    721 Mendocino Avenue Santa Rosa, CA 95401

    • Price: $1,349,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 21809151
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    4,023
    SQFT
    $335
    $/SQFT
    1920
    Built
    Neighborhood:
    Santa Rosa-Northeast
    County:
    Sonoma
    Area:
    Santa Rosa-Northeast
    Property Description
    Very desirable mixed use property located between Downtown and Santa Rosa Junior College on Mendocino Ave. Bail Bonds firm is tenant in front 1,811+/-sf office building. Four one bedroom apartments, approx. 552 sf each, are situated over garages in back of office building. Alley way on south side allows access to apartments. Zoning:CO-H(Commercial Office - Historic (Ridgway Preservation District). Also listed as Commercial Mixed Use MLS 2180728.
    Exterior Features

    Exterior PlasterWood Siding Foundation Construct Other Garage Parking 8-11 Cars Lot Description LevelCity Pool No Roof Composition Style Craftsman Type 2 StoryApartmentsHouse & Apartments View No

    Interior Features

    Fireplace No Floors Part CarpetVinyl/LinoleumWood Laundry Appliance Other Unit1 Access Feat BathParkingKitchen Unit1 Approx Sq Ft 552 Unit1 Baths Full 1 Unit1 Bedrooms 1 Unit1 Half Baths 0 Unit1 Includes ElectricGasWall Furnace Unit1 Sq Ft Source Appraiser Unit1 Total Rooms 3 Unit2 Access Feat BathParkingKitchen Unit2 Approx Sq Ft 552 Unit2 Baths Full 1 Unit2 Bedrooms 1 Unit2 Half Baths 0 Unit2 Includes ElectricGasWall Furnace Unit2 Sq Ft Source Appraiser Unit2 Total Rooms 3 Unit3 Access Feat BathParkingKitchen Unit3 Approx Sq Ft 552 Unit3 Baths Full 1 Unit3 Bedrooms 1 Unit3 Half Baths 0 Unit3 Includes ElectricGasWall Furnace Unit3 Sq Ft Source Appraiser Unit3 Total Rooms 3 Unit4 Access Feat BathParkingKitchen Unit4 Approx Sq Ft 552 Unit4 Baths Full 1 Unit4 Bedrooms 1 Unit4 Half Baths 0 Unit4 Includes ElectricGasWall Furnace Unit4 Sq Ft Source Appraiser Unit4 Total Rooms 3

    Property Features

    Auction No Cap Rate 3.78 City Transfer Tax Yes City Transfer Tax Rate 0.00 Common Int Dev No Deposits 0.00 Est Ann Net Income 55915.00 Est Insurance Exp 7000.00 Est Maintenance Exp 7400.00 Est Management 5000.00 Est Misc Expenses 5240.00 Est Taxes 16000.00 Est Total Annual Exp 45485.00 Est Utilities Exp 4845.00 Expense Source Broker GRM 13.30 Gross Scheduled Inc 101400.00 Monthly Expenses 3790.42 Monthly Income 8450.00 Multifamily Type Multi Unit 2-4 New Construction Or Resale Resale Operating Exp Inc InsuranceMaintenanceManagementMiscellaneousTaxes/AssessmentsWater Planned Unit Develop No Projected Or Actual Projected Seller Will Consider Cash Only Separate Meters Common Area MeterElectricityGas Sewer Septic Sewer Public Square Footage Source Realist Public Rec Tenant Pays Cable TvElectricity Transaction Type Sale Unit1 Lease Term Month To Month Unit1 Rents For 1025.00 Unit2 Lease Term Month To Month Unit2 Rents For 1075.00 Unit3 Lease Term Month To Month Unit3 Rents For 1250.00 Unit4 Lease Term Month To Month Unit4 Rents For 925.00 Utilities CityPg&E Water Source Water-Public Year Built Source Realist Public Rec Zoning Co-H

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of Robert Green of Coldwell Banker Residential Brokerage.


    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-08-21T21:56:25.747.
     
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