$8,900,000

1570 North Street, Santa Rosa CA, 95404

Price per sqft$281.65

Built in1960

Property size31,600 sqft

Property typeCommercial

Overview

Active

Listed May 12, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: ML82046785

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.14 Acres

Other Property Details

Taxes: $100,030
Tax Frequency: Annually
Maintenance Expense: $21,001

Listed by Adam Foley, CBRE, Inc., CA DRE 02144332

Listing Contact: 408-893-8063

Based on information from the CRISNet MLS as of 9/14/2026, 11:32 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.