1190 Gravenstein Highway South
$795,000
5
3
3,690
3,690
$215
Description
This 2-story triplex is a value add with a lot of potential! 100% Occupied and at a 5.125% Cap rate, this is a great investment opportunity for the next owner! Just blocks south of downtown Sebastopol, close to shopping, fine dining, wineries and other west county amenities. This approx 3,338 square foot triplex on .48 acres, was once zoned as retail/mixed use, but is currently being used for residential use. The lower unit can still be used as commercial space if needed or desired. The lower unit...This 2-story triplex is a value add with a lot of potential! 100% Occupied and at a 5.125% Cap rate, this is a great investment opportunity for the next owner! Just blocks south of downtown Sebastopol, close to shopping, fine dining, wineries and other west county amenities. This approx 3,338 square foot triplex on .48 acres, was once zoned as retail/mixed use, but is currently being used for residential use. The lower unit can still be used as commercial space if needed or desired. The lower unit used to be retail and is now converted to residential space and includes two full bedrooms, a full bathroom with laundry hook-ups. There is a small additional structure that is currently being used as creative space and also includes a bathroom and well room. The second floor has 2 units, one is a studio and the other is a 2 bedroom / 1 bathroom. The courtyard area is a common area shared amongst all the tenants. This versatile investment property in Sebastopol is in a location that is close to many favorites including popular Sequoia Burger, Fairfield Inn & Suites, Himalayan Salt Room Day Spa and more!
- Listed by Carmen Gray • DRE #02040799 • Brokerage DRE #01874685 • Vintage Sotheby's International Realty
Property Details for 1190 Gravenstein Highway South
Zoning
Retail/Residential (mixed use)
View DescriptionVaries by Unit
Cross StreetMill Station Rd
Total Parking Spaces8
LISTING UPDATED: 01/18/2025 02:10 PM
Property Details for 1190 Gravenstein Highway South
Status | Active |
---|---|
MLS # | 324087772 |
Days on Compass | 87 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1964 |
Lot Size | 0.48 AC / 20,878 SF |
County | Sonoma County |
Building Information for 1190 Gravenstein Highway South
Stories-Residences-Year Built1964Building Size-Lot Size0.48 AC / 20,878 SF
Property Information for 1190 Gravenstein Highway South
Property History for 1190 Gravenstein Highway South
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1190 Gravenstein Highway South
Taxable ValueLand$176,737Additions$424,179Total$600,916
Tax Record2024$7,984 ($665 / month)
Home Facts
Baths3Total Finished SqFt3,338 SqFtAbove Grade Finished SqFt3,338 SqFtStories2Lot Size20,880 SqFtStyleStoresYear Built1964Year Renovated1970CountySONOMAAPN060-140-023-000
Schools near 1190 Gravenstein Highway South
This home is within West Sonoma County Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Park Side Elementary School PublicK to 4 | ||
Brook Haven Elementary School Public5 to 8 | ||
Analy High School Public9 to 12 | ||
Laguna High School Public9 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.
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