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Sonoma County Multifamily Development Site
For Sale
$2,400,000

3496 Santa Rosa, Santa Rosa, CA 95407

Permit-ready 50-unit development site in Santa Rosa.

Property SizeContact for details
Days on Market479

Property Features for 3496 Santa Rosa

General Information

Standard status Active
Listing Agency: BERKSHIRE HATHAWAY
Listed By: STEVEN LEVEL · License #01184232
Source: Corcoran
Added: May 10, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY

Investment Insights

Based on property information with market context.

This residential multi-family development site is situated on a level 2.49-acre parcel in Sonoma County. Located in Santa Rosa, the property is positioned within reach of local amenities, transportation corridors, and the natural landscape of Sonoma County. Existing plans, designed by Hedgepath Architects, call for a 47,900 square foot development consisting of three buildings. The proposed project includes 50 units, with a mix of 38 two-bedroom, two-bathroom units and 12 one-bedroom, one-bathroom units. Each unit is designed to maximize comfort and functionality. The development also includes 113 parking spaces. All entitlements are in place and the project is permit-ready, subject to buyer review and acknowledgement. Pre-development work has been completed, including grading, mitigation, and some permits, which have been fully paid for.

Key Highlights

  • Permit‑ready multi‑family development site with entitlements in place, subject to buyer review.
  • Approved plans for a 50‑unit development (38 two‑bedroom, 2‑bathroom units and 12 one‑bedroom, 1‑bathroom units) designed by Hedgepath Architects.
  • Prime location in Santa Rosa, Sonoma County, offering easy access to amenities, transportation, and natural attractions.

Property Analytics

Current Use

Aldrich Plastering Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Restaurant Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 95407, CA

42,504
Population
13,371
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
73%
High-School Grad
21.6 sq mi
ZIP Area
1,968
Density / Sq Mi
$82,807
Median Household Income
$40,907
Median Earnings
$1,822
Median Rent
$603,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Permit-ready 50-unit development site in Santa Rosa.
Where is this apartment building located?
The property is located at 3496 Santa Rosa Santa Rosa, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Permit‑ready multi‑family development site with entitlements in place, subject to buyer review.; Approved plans for a 50‑unit development (38 two‑bedroom, 2‑bathroom units and 12 one‑bedroom, 1‑bathroom units) designed by Hedgepath Architects.; Prime location in Santa Rosa, Sonoma County, offering easy access to amenities, transportation, and natural attractions.
More about this property
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