Movoto Real Estate
Sold on 10/27/2021
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294 E Cotati Ave, Cotati, CA 94931

  • $7,862,908

    Last sold 10/27/2021 for $5.82M

  • 4

    bed

  • 4

    bath

  • 21,600

    Sqft ($269/Sqft)

Multi-family not for sale
Movoto is helping 6 homebuyers near you

About 294 E Cotati Ave

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Lot size 0.97 Acre
Movoto estimate
Property description
A rare opportunity to own 24 units in an A+ location. Just two blocks from The Plaza of Cotati w/ great restaurants, cafes, & shops PLUS just two blocks to the beloved Oliver's Market, Starbucks, & more. Engulfed by parks & just a 5 min drive to Sonoma State University, it is easy to understand & make the most out of the proven appeal to tenants. Comprised of 2 bedroom, 1.5 bathroom Townhouse-style units for ease of ownership & desirability. Each unit includes a private patio + 2 parking spots & boasts a floor plan w/ an astonishing 950+/- SqFt(not verified). Set on a 42,300 SqFt lot, the property has 4 separate buildings. 3 of the 4 roofs have been replaced recently as have many of the appliances. Perfect for investors who want good returns as-is or for those looking to realize the upside of under market rents. One of the lowest prices per door in Sonoma County & some of the largest units in the rental market, the buyer will have an easy path towards realizing excellent cashflow.
Listed by
Listing Agent - Nick Svenson
Listing Office - Sotheby's International Realty
Source: BAREIS mls logo
MLS#321096180 • last updated 4 years ago
Movoto checked BAREIS for data 9 minutes ago
Overview
Cooling/AC None
Heating Other
Levels/Style 0, Other
SqFt 21600
SubType 5 Or More Units
Type Residential Income
Year Built 1971
MLS # 321096180
Status Closed
On Market Date 2021-10-06
Lot Size (Acres) 0.9711
Lot Size (SqFt) 42301
Interior
Laundry Coin Operated, In Common Area
Exterior
# Parking Spaces 48
Parking Carport, Covered, Uncovered
Lot Desc Central BBQ
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
Area Cotati/Rohnert Park
County Sonoma
APN 144-282-014-000
Multifamily Details
# of 2-BR Occupied 24
Unit 2: # Bedrooms 2
1-BR: Rent Range NA
3-BR: Rent Range NA
4-BR: Rent Range NA
Unit 2: # Full Bathrooms 1
Unit 1: # Partial Baths 1
Unit 2: # of Rooms 4
Unit 1 Townhouse
2-BR: Rent Range 1500-1795
Unit 1: # Full Bathrooms 1
Unit 2 Townhouse
Unit 1: # Bedrooms 2
Unit 1: # of Rooms 4
Unit 2 Partial Baths 1
# of Units 24
# of 2-Bedroom Units 24
Total # of Buildings 4
Separate Meters Electricity
Gross Rent Multiplier 13.1
Tenant Pays Electricity
Gross Scheduled Income $ 455450
Cap Rate 4.1
$7.86M
Range: $7.07M-$8.64M
Last 30 days 
  • 294 E Cotati Ave
    $5.82M
  • B1100
  • 94931
    $899K +14% y/y
  • Cotati
    $899K +10% y/y
No chart available
Statistics calculated by Movoto

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5/10
Rancho Cotate High School
public Grades 9-12
Cotati-Rohnert Park Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around B1100

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