1015 South A Street

Santa Rosa, CA 95404

$4,500,000
Price
Beds
8,500 Sq. Ft.
$529 / Sq. Ft.
8,500
Sq. Ft.
$529
per Sq. Ft.

Description

Las Flores Apartments is an exceptional mixed-use investment opportunity consisting of 14 multifamily units and 1 retail suite in the thriving city of Santa Rosa, CA. Situated on a parcel of land totaling 25,569 square feet, the subject property features a gross building area of approximately 8,500 square feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans in addition to a spacious retail suite. The subject property offer efficient financial management, with...Las Flores Apartments is an exceptional mixed-use investment opportunity consisting of 14 multifamily units and 1 retail suite in the thriving city of Santa Rosa, CA. Situated on a parcel of land totaling 25,569 square feet, the subject property features a gross building area of approximately 8,500 square feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans in addition to a spacious retail suite. The subject property offer efficient financial management, with tenants individually billed for waste removal, and water and sewer expenses are reimbursed. Las Flores Apartments has recently undergone extensive capital improvements amounting to over $975k. Improvements include new awnings, new rain gutters, a new roof, exterior paint, siding, windows, and doors. Additionally all units have been extensively renovated. Las Flores Apartments is located in the heart of Santa Rosa and is situated nearby Santa Rosa Marketplace, featuring a myriad of dining, shopping, and entertainment options. Santa Rosa offers residents an ideal location right by world famous wine pockets of Napa and Sonoma.
  1. Listed by Robert Johnston • DRE #01853816 • Brokerage DRE #01240999 • Marcus & Millichap • 650-391-1744
  2. Listed by Adam S. Levin • DRE #01462752 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1015 South A Street

MLS City Name
SANTA ROSA
Building Type
Other
Garage Spaces
0
Parking Spaces
20
LISTING UPDATED: 10/24/2024 09:19 AM

Property Details for 1015 South A Street

StatusActive
MLS #ML81984670
Days on Compass60
Taxes$50,939 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1936
Lot Size0.59 AC / 25,569 SF
CountySonoma County

Building Information for 1015 South A Street

Stories-Residences-Year Built1936Building Size-Lot Size0.59 AC / 25,569 SF

Property Information for 1015 South A Street

Features
Features
  • Fireplace: No
  • Living SqFt: 8500
  • Pool: No
  • Security Features: Other
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 15
  • Area Text: Santa Rosa-Southeast
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1015
  • Street Name: A
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 25118
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 8500
  • Structure SqFt Source: Other
  • Age: 88
Development Information
  • Zoning Detail: CITYSR
Location Information
  • Parcel Number: 037-121-012-000
  • County Name: Sonoma
  • City Name: SANTA ROSA
  • City Postal ID: 221
  • Postal Code: 95404
  • Elementary School District: 1903
  • High School District Text: Santa Rosa High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .59
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 15
General Information
  • Annual Tax Amount: $50,939
  • Capitalization Rate: 6.05
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents, Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $6,849
  • Expense Landscape: $2,000
  • Expense Maintenance: $7,500
  • Expense Management: $14,469
  • Expense Trash: $0
  • Expenses Other: $1,580
  • Expenses Utility: $17,000
  • Expenses Total: $100,337
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener
  • Gross Rent Multiplier: 11.72
  • Income Annual Gross: $372,402
  • Income Annual Rental: $337,920
  • Income Gross Scheduled: $383,920
  • Income Other: $46,000
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Full Bathrooms: 1

Property History for 1015 South A Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1015 South A Street

Taxable ValueLand$360,544Additions$839,744Total$1,200,288
Tax Record2024$13,965 ($1,164 / month)
Home Facts
Baths14Total Finished SqFt6,041 SqFtAbove Grade Finished SqFt6,041 SqFtStories1Lot Size25,569 SqFtStyleMulti-Family Res (5+ Units)Year Built1936Year Renovated1949CountySONOMAAPN037-121-012-000

Schools near 1015 South A Street

This home is within Santa Rosa High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Luther Burbank Elementary School
PublicK to 6

Herbert Slater Middle School
Public7 to 8

Montgomery High School
Public9 to 12

Learning House
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1015 South A Street is for sale in Santa Rosa, CA 95404. This property was listed for sale on October 23, 2024 by Marcus & Millichap, it's currently listed at $4,500,000. It has been on the market for a total of 60 days and was last sold on March 31, 2014. This listing's school districts are Santa Rosa High School District, Santa Rosa Elementary School District. Nearby schools include Luther Burbank Elementary School, Herbert Slater Middle School and Montgomery High School. 1015 South A Street is a 0-bed, 0-bath, 8,500 sqft built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.