1190 Gravenstein S Highway
Sebastopol, CA 95472
- – beds
- – baths
- 3,690 sqft
- ~1/2 acre lot
- $215 per sqft
- 1964 build
- – on site
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!
Listing courtesy of BAREIS / Carmen Gray / Vintage Sotheby's International Realty
Last checked:
Checking…
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Last updated Nov 15, 2024
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MLS# 324087772 —
The Building
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Year Built:1964
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Year Built Source:Other
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Subtype Description:Mixed Use
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Roof:Shingle
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Levels:Two
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# of Buildings:1
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# of Units Total:3
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SqFt:3,690 Sqft
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SqFt Source:Not Verified
Location
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Directions:CA-116 W toward Sebastopol Downtown, Turn left onto CA-116 W/ Gravenstein Hwy S
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Area:Sebastopol
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Cross Street:Mill Station Rd
The Property
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Property Type:Residential Income
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Property Type:Triplex
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Lot Features:Garden
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20878Lot SqFt:
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Lot Size Measurement:Acres
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Lot Size Source:Not Verified
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Zoning:Retail/Residential (mixed use)
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View Description:Varies by Unit
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0.4793Acres:
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Assessors Parcel Number:060-140-023-000
The Listing
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Special Listing Conditions:Offer As Is
Heating & Cooling
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Heating:Central, Natural Gas
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Cooling:See Remarks
Utilities
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Utilities:Cable Connected, Electric, Internet Available, Natural Gas Connected
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Electric:220 Volts
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Water Source:Well
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Sewer:Septic Connected, Septic Pump, Septic System
Appliances
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Laundry Features:Washer/Dryer Hookups, Other
The Community
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Association:No
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Cap Rate:5.13
Parking
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Total Parking Spaces:8.00
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Parking Features:Off Street, Open, Street, Uncovered
Extra Units
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# of Studio Units:1
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# of 1 Bedroom Units:1
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# of 2 Bedroom Units:1
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Unit 1 Type:Apartment
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Unit 1 Description:1 bedroom /bathroom on second floor
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Unit 1 Bedrooms:1
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Unit 1 # of Rooms:2
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Unit 1 Full Baths:1
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Unit 1 Approx SqFt:650
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Unit 2 Type:Apartment
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Unit 2 Full Baths:1
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Unit 2 Description:Second Floor 2 bedroom 1 bath
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Unit 2 Bedrooms:2
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Unit 2 # of Rooms:2
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Unit 2 Approx SqFt:1150
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Unit 3 Type:Apartment
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Unit 3 Bedrooms:2
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Unit 3 Description:First floor (converted into residetial unit prior was a retail unit)
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Unit 3 Full Baths:1
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Unit 3 # of Rooms:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/8/24
Nov 8, 2024
|
Listed / Active | BAREIS | $795,000 |