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Multifamily

Le French Quarter

170 1st St E, Sonoma, CA 95476

Listing Price: $2,300,000

Cap Rate
4.87%
Number of Units
7
GRM
12.39
Occupancy
97.0%
Price/Unit
$328,571
Price/Gross SF
$318.16
Gross SF
7,229

Investment Overview

The French Quarter is a well-maintained 7-unit apartment complex in an irreplaceable location just blocks from Sonoma Plaza. Built circa 1985, the property consists of two buildings with a diverse unit mix, including three 2-Bed/2.5-Bath townhomes, one 2-Bed/2-Bath apartment, and three 1-Bed/1-Bath apartments. Each unit features a private patio or deck, with recently rebuilt decks and staircases, adding long-term structural value. Residents enjoy modern amenities, including forced air HVAC, in-unit laundry hookups, dishwashers, disposals, and individual water heaters.

The complex boasts mature landscaping, pitched cement tile roofs, and covered parking spaces with private storage. The property is adjacent to recreational facilities and open space, providing a peaceful residential feel while remaining just steps from Sonoma’s top shopping, dining, and entertainment options.

With strong in-place cash flow and upside potential, the French Quarter presents an excellent investment opportunity in one of California’s most sought-after rental markets. The combination of well-maintained buildings, recent capital improvements, and a high-demand location makes this a rare acquisition opportunity for investors looking to add a stable, appreciating asset to their portfolio.

Investment Highlights

  • Exceptional location just north of the historic Sonoma Plaza
  • Well maintained property offering high demand unit amenities including A/C and in-unit laundry
  • Adjacent to community recreational facilities and open space
  • Units are condo-mapped and have individual meters for Water & PG&E

Exclusively Listed By

Multifamily

Le French Quarter

Listing Price: $2,300,000

Cap Rate
4.87%
Number of Units
7
GRM
12.39
Occupancy
97.0%
Price/Unit
$328,571
Price/Gross SF
$318.16
Gross SF
7,229

Investment Highlights

  • Exceptional location just north of the historic Sonoma Plaza
  • Well maintained property offering high demand unit amenities including A/C and in-unit laundry
  • Adjacent to community recreational facilities and open space
  • Units are condo-mapped and have individual meters for Water & PG&E

Investment Overview

The French Quarter is a well-maintained 7-unit apartment complex in an irreplaceable location just blocks from Sonoma Plaza. Built circa 1985, the property consists of two buildings with a diverse unit mix, including three 2-Bed/2.5-Bath townhomes, one 2-Bed/2-Bath apartment, and three 1-Bed/1-Bath apartments. Each unit features a private patio or deck, with recently rebuilt decks and staircases, adding long-term structural value. Residents enjoy modern amenities, including forced air HVAC, in-unit laundry hookups, dishwashers, disposals, and individual water heaters. The complex boasts mature landscaping, pitched cement tile roofs, and covered parking spaces with private storage. The property is adjacent to recreational facilities and open space, providing a peaceful residential feel while remaining just steps from Sonoma’s top shopping, dining, and entertainment options. With strong in-place cash flow and upside potential, the French Quarter presents an excellent investment opportunity in one of California’s most sought-after rental markets. The combination of well-maintained buildings, recent capital improvements, and a high-demand location makes this a rare acquisition opportunity for investors looking to add a stable, appreciating asset to their portfolio.

Exclusively Listed By

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