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!
Closed
$725,000
1190 Gravenstein Highway S, Sebastopol, CA 95472
5beds
1,800sqft
Triplex
Built in 1964
-- sqft lot
$724,700 Zestimate®
$403/sqft
$3,221 Estimated rent
Home value
$724,700
$652,000 - $812,000
$3,221/mo
Zestimate® history
Owner options
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$3,221/mo
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$3,221/mo
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$4,551/mo
Est. payment
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$4,551/mo
Est. payment
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Courtyard areaTwo full bedrooms
Zillow last checked:
Listing updated:
Listed by:
Carmen Gray DRE #02040799 707-945-8394,
Vintage Sotheby's Internationa 707-944-0888
Bought with:
Carmen Gray, DRE #02040799
Vintage Sotheby's Internationa
Source: BAREIS,MLS#: 324087772
Originating MLS: Napa
Originating MLS: NapaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Natural Gas
Cooling
- See Remarks
Appliances
- Laundry: Washer/Dryer Hookups, Other
Features
- Unit 1 - Beds: 1, Baths: 1, Square Footage: 650 | Unit 2 - Beds: 2, Baths: 1, Square Footage: 1150 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 3690 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 3690
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Open, On Street, Uncovered
- Has uncovered spaces: Yes
Features
- Levels: Two
- Has view: Yes
Lot
- Size: 0.48 Acres
- Features: Garden
Details
- Parcel number: 060140023000
- Zoning: Retail/Residential (mixed use)
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Shingle
Condition
- Year built: 1964
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Connected, Septic Pump, Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected, Internet Available, Natural Gas Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Sebastopol
Financial & listing details
- Price per square foot: $403/sqft
- Date on market: 11/8/2024
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2025 | Sold | $725,000-8.8%$403/sqft |
Source:  BAREIS #324087772 Report a problem | ||
| 5/29/2025 | Pending sale | $795,000$442/sqft |
Source: BAREIS #324087772 Report a problem | ||
| 12/3/2024 | Listed for sale | $795,000$442/sqft |
Source: BAREIS #324087772 Report a problem | ||
| 11/28/2024 | Contingent | $795,000$442/sqft |
Source: BAREIS #324087772 Report a problem | ||
| 11/8/2024 | Listed for sale | $795,000+55.9%$442/sqft |
Source: BAREIS #324087772 Report a problem | ||
| 7/4/2014 | Sold | $510,000+3%$283/sqft |
Source: BAREIS #21324686 Report a problem | ||
| 4/5/2014 | Listing removed | $495,000$275/sqft |
Source: KOR Commercial Real Estate #21324686 Report a problem | ||
| 11/2/2013 | Listed for sale | $495,000$275/sqft |
Source: KOR Commercial Real Estate #21324686 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 95472
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Nearby schools
GreatSchools rating
- 9/10Park Side Elementary SchoolGrades: K-4Distance: 1.2 mi
- 5/10Brook Haven Elementary SchoolGrades: 5-8Distance: 1.6 mi
- 8/10Analy High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$724,700
Get a cash offer in 3 minutes
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Estimated market value
$724,700
- California
- Sonoma County
- Sebastopol
- 95472
- 1190 Gravenstein Highway S
Nearby cities
Nearby zip codes
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