About 1570 North St
North Street Apartments is a 32-unit value-add multifamily community in Santa Rosa offered for purchase individually or as a portfolio with Cedarwood Apartments (725 W College Ave, Santa Rosa). Built in 1970 on 1.14 acres, the property features a 2BR-dominated unit mix averaging 988 SF, 97% occupancy, and approximately $250,000 in recent capital improvements (reroofing, exterior paint, asphalt, pool, lighting, landscaping). In-place rents average $2,384, with $94/unit of immediate mark-to-market upside and an additional $91/unit achievable through interior renovations laminate flooring, kitchen/bath finishes, and in-unit W/D installation in the remaining 15 units. A 30% RUBS program is already in place. Pool, on-site parking, and a quiet residential location near Santa Rosa Junior College, Downtown Santa Rosa, and Highway 101.
Features of 1570 North St
| MLS® # | ML82046785 |
|---|---|
| Price | $8,900,000 |
| Square Footage | 31,600 |
| Acres | 1.14 |
| Year Built | 1960 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 1570 North St |
|---|---|
| Area | Santa Rosa-Northeast |
| City | SANTA ROSA |
| County | Sonoma |
| State | CA |
| Zip Code | 95404 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Public Utilities |
|---|---|
| Garages | Common Parking Area, Covered Parking |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Heating | Electric |
|---|---|
| Cooling | Other |
| Fireplace | No |
Exterior
| Roof | Flat / Low Pitch |
|---|---|
| Foundation | Crawl Space |
Additional Information
| Zoning | CITYSR |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | CBRE, Inc. |
|---|---|
| Contact Info | 415-535-7414 |