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3000 Cleveland Ave
Santa Rosa, CA 95403 Santa Rosa

$1,786,000 USD

Apartments For Sale  •  6,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,000 SF
40 Transit Score
67 Walk Score

Description

• Current Office Building Conversion to 14 Apartment Units
• Office Property Consisting of Two (2) 2-Story Buildings
• 6,000+/- sq. ft.
• Two Story Walk-up Design
• Ideal for Multi-Family Residential Rentals
• Highway 101 Visibility
• Walking Distance to Retail and Services
The current office building is located on Cleveland Avenue near shopping and services. The current zoning is Professional Office District zoning. The property is ideal for a conversion from current office usage to apartments. Plans call for 14 apartment units with a two-story walk-up design.

Highlights

This is an opportunity to own an apartment building for possibly less than $200,000 per unit.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $30,150 USD (2024)
Total Expenses: $59,558 USD

Public Transportation

Commuter RailDriveWalkDistance
Santa Rosa North Smart (Main Line - Sonoma Marin Area Rail Transit) 2 min 20 min 1.0 mi
Santa Rosa Downtown Smart (Main Line - Sonoma Marin Area Rail Transit) 4 min - 2.2 mi
AirportDriveWalkDistance
Charles M Schulz - Sonoma County 11 min - 6.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Alan Coldiron 707-338-2413 Keegan & Coppin Company, Inc.
Alan Coldiron 707-338-2413 Keegan & Coppin Company, Inc.