Property Details
About this Property
This 2-story triplex is a value add with a lot of potential! 100% Occupied and at a 5.125% Cap rate, this is a great investment opportunity for the next owner! Just blocks south of downtown Sebastopol, close to shopping, fine dining, wineries and other west county amenities. This approx 3,338 square foot triplex on .48 acres, was once zoned as retail/mixed use, but is currently being used for residential use. The lower unit can still be used as commercial space if needed or desired. The lower unit used to be retail and is now converted to residential space and includes two full bedrooms, a full bathroom with laundry hook-ups. There is a small additional structure that is currently being used as creative space and also includes a bathroom and well room. The second floor has 2 units, one is a studio and the other is a 2 bedroom / 1 bathroom. The courtyard area is a common area shared amongst all the tenants. This versatile investment property in Sebastopol is in a location that is close to many favorites including popular Sequoia Burger, Fairfield Inn & Suites, Himalayan Salt Room Day Spa and more!
MLS Listing Information
MLS #
BA324087772
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
44
Interior Features
Appliances
Other
Cooling
Other
Heating
Central Forced Air, Gas - Natural
Exterior Features
Roof
Shingle
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Street, Garage: 0 Car(s)
Sewer
Septic Tank
Water
Well
HOA Fee
$0
Zoning
Retail/Residential (mixed
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 650 | 1 | 1/0 | $830 |
| 2 | 1,150 | 2 | 1/0 | $1,800 |
| 3 | 0 | 2 | 1/0 | $2,600 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1190 Gravenstein Hwy is a Triplex in Sebastopol, CA 95472. This 3,690 square foot property sits on a 0.479 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $795,000 and was built in 1964. This address can also be written as 1190 Gravenstein Hwy, Sebastopol, CA 95472.
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This listing information is up-to-date as of December 03, 2024. For the most current information, please contact Carmen Gray, (707) 410-5399
