1190 Gravenstein S Hwy Sebastopol, CA 95472

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.