Strategic Value-Add Opportunity | 2313 Heidi Place, Santa Rosa Investors and exchange buyers will find significant upside potential at 2313 Heidi Place, a fully occupied four-plex in Northwest Santa Rosa. This 3,266 sq. ft. building features four spacious 2-bedroom, 1-bathroom units split between two levels. While the property currently provides immediate cash flow, the units are in a non-updated state, offering a prime opportunity for a modern refresh to bring the interiors in line with today's market standards. Strategic updates will allow a new owner to optimize rental income and capture the building's full market potential. The ground floor also includes a shared coin-operated laundry room for tenant convenience and a landlord storage room for maintenance supplies. The location is a premier driver for long-term appreciation, situated just two minutes from Coddingtown Mall, Whole Foods, and Target. This proximity to high-end grocers and local dining makes the property a highly desirable home base for the local workforce, while quick access to Highway 101 and the SMART train station ensures it remains a top choice for commuters. This is a rare chance to acquire a substantial multi-family asset in a consistent rental corridor with a clear path to increasing value and future growth. Whether you are executing a 1031 exchange or expanding your Sonoma County portfolio, this property offers the ideal combination of stability and profit potential.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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