About
Welcome to 980 Sunset Avenue. Superb opportunity to own this fully occupied, well-maintained 10-unit building in Santa Rosa, located near superb schools, shops, and public transportation. Comprised of six three-bedroom one-bath units and four two-bedroom one-bath units, with additional income from owned laundry services. Incredible money-making opportunity and stability, with additional added value with increased rents, and a real possibility of adding additional units to the property.
Don’t miss this one!
Investment Highlights:
- 10 Unit Apartment Complex in Roseland featuring 6 three-bedroom and 4 two-bedroom units in a sought-after Santa Rosa neighborhood.
- Value-Added Potential – 9 of the 10 units, the ability to increase rents immediately. Further upside by adding 2 additional units with Santa Rosa City approval.
- Investor-Friendly Asset – Well-maintained property with ample parking, very strong renter demand, and a stable neighborhood.
- Upgrades Completed – Newer Electrical Subpanels, Newer In-Unit Heaters.
- Excellent Location – short distance to shopping, schools, and public transportation.
Annual Operating Expenses:
Category
2025 - 2026
Property Management Fees - $12,711 per year
PG&E - $4,800 per year
Water - $19,200 per year
Garbage - $10,900 per year
Property Taxes - $17,661 per year
General Maintenance - $8,000
Total Operating Expenses
$80,772
Total Rental Income - $275,000
Total Laundry Income - $6,000
Total Income - $281,000
Net Operating Income - $200,228
Cap Rate 6.3%
GRM 11.3%
Gallery
Overview
- Price: Offered at $3,125,000
- Living Space: 9000 Sq. Ft.
- Beds: 26
- Baths: 10
- Lot Size: 0.41 Acres