This Multifamily Property is no longer advertised on LoopNet.com.

14615 River Rd
Guerneville, CA 95446
Multifamily Property For Sale · 5 Units

Investment Highlights

  • Fully occupied with two tenants occupying for over 10 years
  • Some renovation after floods of 2019
  • Russian River access
  • Located minutes from Russian River recreation areas and world class wineries

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 1,974 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1925/2020
Zoning R1,B6

Amenities

Site Amenities

  • Waterfront

About 14615 RIVER RD , GUERNEVILLE, CA 95446

Riverview Apartments is a five unit, fully occupied investment property located on the Russian River with amazing views and River access. Unit A & C are one-bedroom & Units B, D & E are studios. There are 3 levels of decks with views of the Russian River. Great investment property or live in one and rent the others out. Property is in the flood zone. The lower Unit E flooded in February 2019 and was rebuilt with flood insurance. Some exterior renovations completed in 2020 but property still has some deferred maintenance. Property may be difficult to finance. Just a 20 min drive from Hwy 101 just past the vineyards of Korbel winery. See Drone Virtual Tour Video.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $825.00 285 - 384
1+1 2 $1,025 393 - 531

Property Taxes

Property Taxes

Parcel Number
070-400-001
Land Assessment
$159,181
Improvements Assessment
$461,625
Total Assessment
$620,806
  • Listing ID: 18789651

  • Date on Market: 3/7/2020

  • Last Updated:

  • Address: 14615 River Rd, Guerneville, CA 95446

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