Las Flores Apartments is a 14-unit, mixed-use residential and retail asset in the heart of Santa Rosa. Built around a fully renovated multifamily core with over $1MM in recent capital improvements, the Property generates stabilized income from a diversified base: 14 turnkey residential units plus a long-standing retail tenant contributing $78,000 annually roughly 19% of gross revenue.
With in-place residential rents approximately 10% below market and no meaningful deferred maintenance, Las Flores offers investors a rare combination of in-place yield, cash flow stability, and built-in rent upside. Located just off U.S. 101, the Property sits within minutes of downtown Santa Rosa, the Sonoma and Napa wine regions, and the broader Bay Area employment base.
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Zillow last checked:
Listing updated:
Listed by:
Adam Foley02144332415-535-7414,
CBRE, Inc.408-453-7400
Source: MLSListings Inc,MLS#: ML82051952
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Heating
Wall Furnace
Cooling
Other
Features
Doors: Other
Interior area
Total structure area: 6,849
Total interior livable area: 6,849 sqft
Property
Parking
Total spaces: 14
Parking features: Common
Has carport: Yes
Accessibility
Accessibility features: Other
Lot
Size: 0.59 Acres
Details
Parcel number: 037121012000
Zoning: CITYSR
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
Materials
Foundation: Concrete Perimeter
Roof: Other
Condition
Year built: 1936
Utilities & green energy
Gas: IndividualGasMeters, PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public