505 Olive St | Santa Rosa, CA 95407
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- LoopNet Team
505 Olive St
Santa Rosa, CA 95407
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Prime owner-occupied investment just 0.5 miles from downtown Santa Rosa and near top wineries in Napa / Sonoma
- Two units newly constructed in 2017 and third is fully remodeled with dual-pane windows, granite counters, hardwood floors, etc.
- Easy access to highways 101 and 12
- Desirable unit mix: 1 (2BD/1BA) home with 2 (3BD/2BA) units
- All units are individually metered so tenant pays most expenses and owner keeps more NOI
Property Facts
| No. Units | 3 | Building Size | 3,270 SF |
| Property Type | Multifamily | Average Occupancy | 67% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 2017 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | C3, Santa Rosa | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,270 SF |
| Average Occupancy | 67% |
| No. Stories | 1 |
| Year Built | 2017 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | C3, Santa Rosa |
Amenities
Unit Amenities
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
- Double Pane Windows
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,250 | 1,100 |
| 3+1 | 2 | $2,600 | 1,200 |
Property Taxes
| Parcel Number | 010-252-016 | Improvements Assessment | $620,491 |
| Land Assessment | $182,300 | Total Assessment | $802,791 |
Property Taxes
Parcel Number
010-252-016
Land Assessment
$182,300
Improvements Assessment
$620,491
Total Assessment
$802,791
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