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3340-3380 Mendocino Avenue 4 Properties in Santa Rosa, CA
INVESTMENT HIGHLIGHTS
- Diverse Investment Portfolio
- Multifamily Income with Value-Add Potential
- Residential Development Opportunity
- Prime Location
- High-Visibility Commercial Pads
- Robust Market Fundamentals
EXECUTIVE SUMMARY
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 3340-3380 Mendocino Avenue, a diverse, multi-use development and investment portfolio in Santa Rosa, California. This 10.28-acre portfolio comprises a 22-unit apartment complex, three commercial pads, a duplex, and 6.35 acres of residential development land, offering buyers the flexibility to acquire individual assets or the entire portfolio.
Strategically located along Mendocino Avenue, a primary commercial corridor with 25,000 average daily traffic (ADT), the site is directly across from the Kaiser Permanente Santa Rosa Medical Center. This medical center features a 173-bed hospital, including a dedicated pediatric wing, a newly renovated labor and delivery floor with eight labor and delivery rooms, and a 20-bed intensive care unit. The property also benefits from proximity to major retailers such as Lucky Supermarkets and Home Depot, enhancing its appeal for residential and commercial tenants.
With convenient access to Highway 101 and nearby educational institutions like Sonoma State University, the property is well-positioned to attract a diverse mix of residential, commercial, and development interests. The Woodglen Apartments offer stable cash flow with value-add potential through renovations. The three commercial pads, ranging from 0.61 to 0.75 acres, provide prime frontage along Mendocino Avenue, suitable for various retail or service-oriented businesses. The duplex presents an infill residential investment opportunity, while the 6.35-acre residential development site offers potential for single-family or townhome projects with scenic hilltop views.
Given the property’s strategic location, zoning flexibility, and strong market fundamentals, 3340-3380 Mendocino Avenue presents a rare investment opportunity in Santa Rosa’s growing market.
Strategically located along Mendocino Avenue, a primary commercial corridor with 25,000 average daily traffic (ADT), the site is directly across from the Kaiser Permanente Santa Rosa Medical Center. This medical center features a 173-bed hospital, including a dedicated pediatric wing, a newly renovated labor and delivery floor with eight labor and delivery rooms, and a 20-bed intensive care unit. The property also benefits from proximity to major retailers such as Lucky Supermarkets and Home Depot, enhancing its appeal for residential and commercial tenants.
With convenient access to Highway 101 and nearby educational institutions like Sonoma State University, the property is well-positioned to attract a diverse mix of residential, commercial, and development interests. The Woodglen Apartments offer stable cash flow with value-add potential through renovations. The three commercial pads, ranging from 0.61 to 0.75 acres, provide prime frontage along Mendocino Avenue, suitable for various retail or service-oriented businesses. The duplex presents an infill residential investment opportunity, while the 6.35-acre residential development site offers potential for single-family or townhome projects with scenic hilltop views.
Given the property’s strategic location, zoning flexibility, and strong market fundamentals, 3340-3380 Mendocino Avenue presents a rare investment opportunity in Santa Rosa’s growing market.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 1 |
| Status | Active | Total Building Size | 54,623 SF |
| Number of Properties | 4 | Total Land Area | 10.28 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 1 |
| Total Building Size | 54,623 SF |
| Total Land Area | 10.28 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3340 Mendocino Ave, Santa Rosa, CA 95403 | Land | 6.35 AC | - | - |
|
Commercial/Multifamily Pads 1-3
3350-3380 Mendocino Ave, Santa Rosa, CA 95403 |
Land | 2.06 AC | - | - |
|
Woodglen Apartments
3366 Mendocino Ave, Santa Rosa, CA 95403 |
Multifamily | 52,272 SF | 1963 | - |
|
Duplex
3366A Mendocino Ave, Santa Rosa, CA 95403 |
Specialty | 2,351 SF | 1950 | - |
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3340-3380 Mendocino Avenue
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