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Sold

1190 Gravenstein S Hwy

1190 Gravenstein Hwy S, Sebastopol, CA 95472

$725,000
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!

Studio

3
baths

3,690 Sq.Ft. LIVING AREA

0.48 Acres lot

Carmen Gray

Carmen Gray

Features & Amenities

Interior

  • total bedrooms0
  • Total bathrooms3
  • full bathrooms3
  • Laundry room Washer/Dryer Hookups, Other

Area & Lot

  • Status Sold
  • Living Area3,690 Sq.Ft.
  • Lot Area0.48 Acres
  • MLS® ID324087772
  • TypeMulti-Family
  • YEAR BUILT1964
  • NeighborhoodSonoma County
  • View DescriptionVaries by Unit

Exterior

  • water SourceWell
  • utilitiesCable Connected, Electric, Internet Available, Natural Gas Connected
  • roofShingle
  • lot featuresGarden
  • parkingOff Street, Open, Street, Uncovered
  • HEAT TYPECentral, Natural Gas
  • AIR CONDITIONINGSee Remarks
  • sewerSeptic Connected, Septic Pump, Septic System

Financial

  • Sales Price$725,000

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