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1620 Herbert St.

1620 Herbert St.
Santa Rosa, CA 95401

1620 Herbert St.
Santa Rosa, CA 95401
JUST LISTED $11,776,000

RARE OFFERING FOR THIS 32 UNIT COMPLEX LOCATED IN THE HEART OF ONE OF THE NORTH BAY’S STRONGEST RENTAL MARKETS

TYPE Apartment Complex
COMPOSITION 32 Units
LOT SIZE 1.25 Acres
CAP 3.9%
About
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About This Property

RE/MAX Marketplace is excited to present an exceptional investment opportunity in Santa Rosa. This turn-key property boasts a 32-unit complex in the heart of one of the North Bay's strongest rental markets. With just over half of the units upgraded, this rare offering provides a unique value-add opportunity to elevate the property to a premium complex.

 

The amenities include a common coin-operated laundry room and a centrally located community pool, perfect for residents to enjoy on hot summer days. The property also boasts beautiful low maintenance landscaping, providing a pleasant setting for all to enjoy.

 

Built in 1970, the property features two-story wood frame construction, perimeter concrete foundation, and stucco exterior. Overall, the property has been well-maintained, with most rents brought close to market rates

 

Situated on 1.25 acres, the complex consists of four two-story buildings, adding to the attractive setting. With a great unit mix, large floor plans, and an ideal location, this property is truly a rare gem. Don't miss out on the opportunity to invest in a high-quality property of this size in today's market.

Located within walking distance to Coddingtown Mall, Whole Foods, and the new SMART Train Station, this complex is perfectly situated in a fantastic location. The property features a mix of two 3 bed/2 bath flats, eight 2 bed/2 bath flats, eight 1 bed/1 bath flats, eight 2 bed/1 bath flats, and six 2 bed/1.5 bath townhouses. All units offer large, attractive floor plans with balconies and/or patios, designed to cater to long-term tenants.
 


 

David and Erika Rendino
David and Erika Rendino
REALTORS® Owners RE/MAX Marketplace DRE# 01252035/01465104
David and Erika Rendino are one of the most respected real estate teams in Sonoma County and are the founding owners of RE/MAX Marketplace. They are recognized by clients and peers as ethical, accomplished and dedicated. They continue to set the standard for excellence, market knowledge, and elite customer service. With more than 25 years of combined experience, David and Erika have closed well over 1,000 transactions since 1998.
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