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Commercial Property — 1015 S A Street, Santa Rosa, CA

$4,150,000

1015 S A Street, Santa Rosa, CA

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About this property

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.

Property details

Square feet
6,849
Year built
1936
Property type
CommercialSale

Location

1015 S A Street • Santa Rosa, CA 95404

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Listed by

Adam Foley · CBRE, Inc.