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528 3rd St W, Sonoma, CA 95476

$2,195,000
  • 8

    bed

  • 4

    bath

  • 4,374

    Sqft ($502/Sqft)

Multi-family for sale 46 days

About 528 3rd St W

Property type Multi-family
Neighborhood
Year built 1966
HOA fee $0/month
Lot size 9,300 Sqft
Property description
A rare opportunity to own a fully remodeled fourplex just steps from Sonoma Plazacombining strong existing income, immediate upside, and the flexibility to enjoy part of the property yourself. Located at 528 3rd St W in Sonoma, this stunning 4 Unit multifamily property sits on a generous 9,300 sq ft lot and includes four spacious 2-bedroom, 1-bath residences. Three of the four units are currently leased and producing approximately $102,000 in annual rental income, while the fourth unit is ready for the next owner to decide how best to maximize the opportunity. All units have been beautifully remodeled. The flexibility of having one available unit to new ownership makes this offering especially unique for an investor, second-home buyer, or anyone looking to combine lifestyle and real estate ownership. Each residence has been thoughtfully remodeled with quartz countertops, stainless steel appliances, gas ranges, engineered white oak flooring, split HVAC systems, designer blinds, and modern finishes throughout. Ground-floor units feature private patios, and every residence includes designated covered parking. The property also offers a shared laundry facility with convenient app-based payment and separate metering for utilities and water, helping simplify management and operating expenses. The location is equally compelling. Just a short walk from historic Sonoma Plaza, residents have easy access to restaurants, cafs, shopping, entertainment, and everything that makes downtown Sonoma such a desirable place to live. 528 3rd St W is more than an income property, it is a rare Sonoma asset offering immediate cash flow, additional income potential, and the opportunity to personally enjoy a piece of Wine Country. Fill the fourth unit and maximize the property's revenue, or keep it for yourself as a luxury Sonoma retreat. Either way, this is a truly special property to own.
Listed by
Listing Agent - Susan Caccia
Listing Office - Vantage Realty
Source: SFARMLS mls logo
MLS#326076601 • last updated 1 month ago
Movoto checked SFARMLS for data 5 minutes ago
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Overview
Cooling/AC Individual
Heating Individual
Levels/Style Two, 2, 0
SqFt 4374
SubType Quadruplex, Apartments
Type Residential Income
MLS # 326076601
Status Active
Lot Size (Acres) 0.2135
Lot Size (SqFt) 9300
Year Built 1966
Condition Updated/Remodeled
Interior
Laundry Washer/Dryer Leased
Basement None
Flooring Simulated Wood, Luxury Vinyl Plank
Appliances Free Standing Refrigerator, Free Standing Gas Oven, ENERGY STAR Qualified Appliances, Disposal, Dishwasher
Exterior
# Parking Spaces 4
Parking Desc Covered, Carport
# Carport Spaces 4
Exterior Features Yard Space
Lot Desc Sidewalk, Landscape Front
Patio/ Porch Enclosed Patio
Amenities / Utilities
Water Source Meter On Site
Energy Efficient Windows, Thermostat, Insulation, Cooling, Appliances
Utilities City
Sewer/ Septic Public Sewer
Location
County Sonoma
APN 018-251-003-000
Directions Located On 3rd St West And Cross St Is West Napa St.
Multifamily Details
Unit 2: # Bedrooms 2
Unit 4: # Of Rooms 5
Unit 4: # Bedrooms 2
Unit 2: # Full Baths 1
Unit 1 Apartment, Remodeled 2BR/1BA Near Sonoma Plaza With Covered Parking, Luxury Modern Finishes, And New A/c.
Tenant Pays Water, Gas, Electricity
Unit 3 Apartment, Remodeled 2BR/1BA Near Sonoma Plaza With Covered Parking, Luxury Modern Finishes, And New A/c.
Unit 2 Apartment, Remodeled 2BR/1BA Near Sonoma Plaza With Covered Parking, Luxury Modern Finishes, And New A/c.
Unit 4 Apartment, Remodeled 2BR/1BA Near Sonoma Plaza With Covered Parking, Luxury Modern Finishes, And New A/c.
Unit 3: Rent 2950
Unit 4: # Full Baths 1
Unit 2: SqFt 1100
Unit 2 Sqft Source Not Measured
Unit 2: # Of Rooms 5
Unit 1: # Bedrooms 2
Unit 3 Sqft Source Not Measured
Unit 3: SqFt 1100
Unit 4: SqFt 1100
Unit 4 Sqft Source Not Measured
Unit 2: Rent 2950
Unit 1: # Full Baths 1
Separate Meters Water, Gas, Electricity
Unit 1: SqFt 1100
Unit 3: # Bedrooms 2
Unit 3: # Full Baths 1
Unit 4: Rent 2600
Unit 3 # Of Rooms 5
Unit 1: # Of Rooms 5
Studio: Rent Range N/a
1-BR: Rent Range 2950-3495
2-BR: Rent Range 2950-3495
3-BR: Rent Range 2950-3495
4-BR: Rent Range 2950-3495
2-BR: Occupancy 100
# Of Units Total 4
# Of 2 Bedroom Units 4
Cap Rate 4.9
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  • Real Estate
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  • 528 3rd St W

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