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3000 Cleveland Ave 6,000 SF 100% Leased Office Building Santa Rosa, CA 95403 $1,250,000 ($208.33/SF) 4% Cap Rate
Investment Highlights
- Seller financing
- Small Tenants
- Plans Available to Convert to Apartments
Executive Summary
3000 Cleveland Avenue presents a unique opportunity with in place income and strong future development potential. The two building, two story property features a functional layout centered around multiple interior courtyards with exterior entrances to the units. The mid century design is evident in the buildings amenities such as wood construction, open layout concrete staircases, planter areas, skylit courtyards, metal entry gates, second floor pitched wood ceilings with beams and a general sense of a solid building with lots of parking.
There is seller financing available on this property.
Current gross income may be increased by leasing out vacant units and rewriting the agreements which are currently month to month. Having a mix of small business tenants allows flexibility for the owner to plan a conversion to apartments. The plans for the possible conversion are included with the sale.
There is seller financing available on this property.
Current gross income may be increased by leasing out vacant units and rewriting the agreements which are currently month to month. Having a mix of small business tenants allows flexibility for the owner to plan a conversion to apartments. The plans for the possible conversion are included with the sale.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
6,000 SF
Building Class
B
Year Built
1967
Price
$1,250,000
Price Per SF
$208.33
Cap Rate
4%
NOI
$50,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.38
Lot Size
0.36 AC
Zoning
LO - Professional Office District
Parking
17 Spaces (2.83 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 015-491-023 | Total Assessment | $693,455 |
| Land Assessment | $225,367 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $468,088 | Tax Year | 2025 |
Property Taxes
Parcel Number
015-491-023
Land Assessment
$225,367
Improvements Assessment
$468,088
Total Assessment
$693,455
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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