Listing provided courtesy of Adam Foley of CBRE, Inc.. Last updated 2026-05-13 08:48:34.000000. Listing information © 2026 Sandicor.
Asking Price: $8,900,000 |
1570 North, Santa Rosa CA 95404
Community: 699 - Not Defined
This property was built in 1960 and is priced at $8,900,000. Please see the additional details below.
North Street Apartments is a 32-unit value-add multifamily community in Santa Rosa offered for purchase individually or as a portfolio with Cedarwood Apartments (725 W College Ave, Santa Rosa). Built in 1970 on 1.14 acres, the property features a 2BR-dominated unit mix averaging 988 SF, 97% occupancy, and approximately $250,000 in recent capital improvements (reroofing, exterior paint, asphalt, pool, lighting, landscaping). In-place rents average $2,384, with $94/unit of immediate mark-to-market upside and an additional $91/unit achievable through interior renovations laminate flooring, kitchen/bath finishes, and in-unit W/D installation in the remaining 15 units. A 30% RUBS program is already in place. Pool, on-site parking, and a quiet residential location near Santa Rosa Junior College, Downtown Santa Rosa, and Highway 101.
