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Listed by Christopher D Asimos Compass
$ 1,199,000
Est. payment | /mo
3,266 SqFt
$ 1,199,000
Est. payment | /mo
3,266 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,266 sqft
Price per Sqft $367
MLS Listing ID 326034415
HOA Y/N No
Year Built 1971
Lot Size 6,930 Sqft
Acres 0.1591
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Sonoma
Area Santa Rosa-Northwest
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Laundry Coin Operated, Common Area
Exterior
Carport Spaces 4
Waterfront Description Public
Total Parking Spaces 6
Private Pool No
Building
Lot Description Other
Story 2
Sewer Public Sewer
Water Public
Others
Tax ID 041180017000
Security Features Fire Alarm
Special Listing Condition Offer As Is
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