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Millman Team Real Estate

$8,900,000
1.14 Acre Lot

1570 North Street, Santa Rosa, California 95404

  • Commercial Sale Property Type
  • 1960 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
ML82046785
$8,900,000
1960
1.14 Acre
Active
: Flat
Features
: Electric
32.0
$0
Address Map
CA
Sonoma
Santa Rosa
95404
North
1570
Street
W123° 17' 34.4''
N38° 27' 19.3''
699 - Not Defined
CITYSR
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
31600
32
2026-05-12
: Public
Broker/Agent Information
CBRE, Inc.
Adam Foley
Financial
100030.0
Listing Information
ML5108517
ML6043498
Active
2026-07-20T20:15:54Z
CRMLS
: Standard
2026-05-12T02:06:55Z
Agent info
Ray Millman
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