North

Santarosa, CA, 95404
For Sale $8,900,000
  • 31,600sqft
  • 1.14acres
Listing agent:
CBRE, Inc.
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.

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North is a Residential Income Five Or More Units property located in Santarosa, California, featuring a 1.140 acre lot, 31,600 sqft, MLS #ML82046785.
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Data last modified: 2026-07-20 19:50:01