497 Sebastopol Ave 4 Unit Apartment Building $1,075,000 ($268,750/Unit) 5.25% Cap Rate Santa Rosa, CA 95401

Rare opportunity to purchase this turn-key fourplex in the heart of central Santa Rosa’s South A Street Arts District. This well-maintained property consists of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, with three units occupied by cooperative, long-term tenants. One unit has been intentionally left vacant for easy showings, and to give new owner freedom to place new tenants or occupy.
Recently painted, the building offers excellent curb appeal with an attractive stucco exterior and low-maintenance landscaping. All four units were extensively updated in 2018-2019, with over $100,000 in improvements, including new kitchen cabinets, quartz countertops, stainless appliances, upgraded bathrooms, modern lighting, and refreshed interiors. The vacant unit has new carpet and fresh paint; this unit is move-in ready for new tenants at current market rent, or an owner-occupant.
Additional amenities include covered carports with access from a private alley, additional guest and street parking, and an on-site laundry room for added tenant convenience.
Whether you’re seeking steady rental income or future appreciation in one of Northern California’s most desirable markets, this “bread and butter” investment offers both stability and long-term growth potential. With strong rental demand and historically low vacancy rates, this is a property you’ll be proud to own for years to come.