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Traditional Multifamily Property
For Sale
$945,000

6120 Montecito Boulevard Santa, Santa Rosa, CA 95409

Residential income property with central heating, gas service, covered parking, and a private yard with playground.

Property Size2,080 SF
Days on Market252

Property Features for 6120 Montecito Boulevard Santa

General Information

Standard status Active
Size 2,080 SF
Property subtype Duplex

Amenities

Cable Ready
Central
Natural Gas
Dishwasher
Disposal
Free-Standing Gas Range
Free-Standing Refrigerator
Gas Water Heater
Insulated Water Heater
Cable Available, Cable Connected, City, Internet Available, Natural Gas Connected, Composition, Flat

Building Details

Building Size 2,080 SF
Year Built 1962
Buildings 2
Listing Agency: Compass
Listed By: Jeff B Schween · License #01098851
Source: Kw
Added: Feb 5 Changed: Oct 15 Last Checked: Oct 14 at 9:56PM

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 Compass

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Investment Insights

Based on property information with market context.

This multifamily property, built in 1962, offers a traditional residential configuration with central heating, natural gas service, a gas water heater, and a kitchen equipped with a dishwasher, disposal, freestanding gas range, and freestanding refrigerator. Exterior features include a covered carport, off-street parking, a private yard, and a playground.

The property is located at 6120 Montecito Boulevard in Santa Rosa, Sonoma County. Access is described from Mission Boulevard east on Montecito Boulevard, near the corner. Hills are also identified among the exterior characteristics.

Key Highlights

  • 2,080 property size
  • Built in 1962
  • Central heating and natural gas service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,332
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,640 $726.6K
Cap Rate 7%
$519,029 $519.0K
Cap Rate 9%
$403,689 $403.7K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$69.4K $33.36/SF
− Vacancy
−$3.3K −$1.60/SF
EGI
$66.1K $31.76/SF
− OpEx
−$29.7K −$14.29/SF
NOI
$36.3K $17.47/SF
Area
Santa Rosa, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,640
Cap Rate 7%
$519,029
Cap Rate 9%
$403,689

Alternative Uses

Best Use
Apartment 5plus
$519.0K
$454.2K – $605.5K (±1% cap)
NOI $36,332 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$577.9K
$505.7K – $674.2K (±1% cap)
NOI $40,452 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Auto Repair Shop Grocery & Convenience Store Kitchen & Bath Showroom

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

235
Businesses Nearby

Demographics for 95409, CA

27,741
Population
12,499
Households
2.2
Avg Household Size
53
Median Age
50%
College-Educated
95%
High-School Grad
35.0 sq mi
ZIP Area
793
Density / Sq Mi
$105,736
Median Household Income
$59,003
Median Earnings
$2,346
Median Rent
$807,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Residential income property with central heating, gas service, covered parking, and a private yard with playground.
Where is this multifamily property located?
The property is located at 6120 Montecito Boulevard Santa Santa Rosa, CA.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 2,080 property size; Built in 1962; Central heating and natural gas service
More about this property
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