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Executive Summary
This offering presents a rare opportunity to acquire a highly visible 36,503-square-foot development site in Sebastopol that combines immediate rental income with significant multifamily redevelopment potential. Located along one of the city’s primary commercial corridors, the property offers excellent visibility, accessibility, and the opportunity to capitalize on the continued demand for housing in Sonoma County.
• Zoning Standards Allow for Up to Eighteen (18) Multi-Family Units
• Prime Location Provides Exceptional Opportunity for Developers, Investors and Long-Term
Land Holders
• Close to Downtown Sebastopol, Grocery, and Retail
• Access to Property on Both Gravenstein Highway and Hurlbut Avenue
• Current Improvements Include Two (2) Single-Family Houses
• Rent is $1,800 and $2,500
• Zoning Standards Allow for Up to Eighteen (18) Multi-Family Units
• Prime Location Provides Exceptional Opportunity for Developers, Investors and Long-Term
Land Holders
• Close to Downtown Sebastopol, Grocery, and Retail
• Access to Property on Both Gravenstein Highway and Hurlbut Avenue
• Current Improvements Include Two (2) Single-Family Houses
• Rent is $1,800 and $2,500
Property Facts
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.84 AC |
| Property Type | Land | ||
| Zoning | CG - General Commercial | ||
| Price | $1,100,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.84 AC |
| Zoning | CG - General Commercial |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.84 AC |
| Price Per AC | $1,312,658.56 |
| Price | $1,100,000 |
| Price Per AC | $1,312,658.56 |
| Lot Size | 0.84 AC |
Permit Type: 100% Affordable Housing: Permitted Use Sale Price $1,100,000 For-Profit Multi-Family: Conditional Use Permit
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 060-261-032 | Improvements Assessment | $133,005 |
| Land Assessment | $451,681 | Total Assessment | $584,686 |
Property Taxes
Parcel Number
060-261-032
Land Assessment
$451,681
Improvements Assessment
$133,005
Total Assessment
$584,686
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