1190 Gravenstein S Hwy Sebastopol, CA 95472-4852
- Retail residential properties
- 3,338 SF
- 0.48 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 1190 Gravenstein S Hwy
- Year built
- 1964
- Construction
- WOOD
- Lot size
- 0.48 lot acres
- Property size
- 3,338 SF
- Property type
- Retail residential properties
- APN
- 060-140-023-000
- APU
- 60140023000
Description
This exceptional Sebastopol investment opportunity presents a 100% occupied, two-story triplex boasting 3,338 square feet on a 0.48-acre lot. The property, built in 1970, features two buildings and offers a compelling 5.12% cap rate with a net operating income (NOI) of $40,651. The asking price is $795,000. Currently zoned for retail/residential use, this versatile property presents significant value-add potential. The layout includes a lower unit, previously used as retail space and now converted to residential with two bedrooms, a full bathroom, and laundry hookups. An additional small structure provides creative space with a bathroom and well room. Upstairs, there's a studio and a two-bedroom, one-bathroom unit. A shared courtyard serves as a common area for tenants. The property's prime location, just blocks from downtown Sebastopol, offers easy access to shopping, dining, wineries, and other West County amenities. The property's APN is 060-140-023-000. This is a rare opportunity to acquire a high-performing multifamily property in a desirable location. Further details are available upon request.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $330,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $483,000
Market price range: $484k - $982k
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Location Insight
- Map
- Local Demand
- City
- Sebastopol
- County
- Sonoma
- State
- California
- Longitude
- -122.814
- Latitude
- 38.3876
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA