Multifamily
17700 Sonoma Hwy
17700 Sonoma Hwy, Sonoma, CA 95476
Listing Price: $1,200,000
Investment Overview
17700 Sonoma Hwy is an 8-unit multifamily property ideally situated in the Boyes Hot Springs community of Sonoma Valley. This vibrant area blends local workforce housing, upscale tourism, and high-income residents, creating strong rental demand. The property offers immediate access to shopping, dining, and employment centers, making it a highly desirable location for tenants.
Built in 1964, the two-story building features a diverse unit mix of (2) studio apartments and (6) 2-Bed/1-Bath units, catering to a broad range of renters. The property has eight designated surface parking spaces, plus additional parking potential along the fence line.
With in-place rents approximately 25% below market, 17700 Sonoma Hwy presents a prime value-add opportunity for an investor seeking to enhance property performance and maximize cash flow. A hands-on owner can reposition the asset, increase rents to market levels, and unlock substantial income potential.
This well-located, income-generating asset offers the perfect blend of stability and upside, making it an excellent addition to any multifamily investment portfolio.
Exclusively Listed By
Listing Price: $1,200,000
Investment Highlights
- Conveniently located along major, local retail & traffic corridor
- Significant rental upside, estimated at 25% based on local rent comparables
- High demand unit mix of studios and two-bedroom apartments
- Great value-add investment opportunity
Investment Overview
17700 Sonoma Hwy is an 8-unit multifamily property ideally situated in the Boyes Hot Springs community of Sonoma Valley. This vibrant area blends local workforce housing, upscale tourism, and high-income residents, creating strong rental demand. The property offers immediate access to shopping, dining, and employment centers, making it a highly desirable location for tenants. Built in 1964, the two-story building features a diverse unit mix of (2) studio apartments and (6) 2-Bed/1-Bath units, catering to a broad range of renters. The property has eight designated surface parking spaces, plus additional parking potential along the fence line. With in-place rents approximately 25% below market, 17700 Sonoma Hwy presents a prime value-add opportunity for an investor seeking to enhance property performance and maximize cash flow. A hands-on owner can reposition the asset, increase rents to market levels, and unlock substantial income potential. This well-located, income-generating asset offers the perfect blend of stability and upside, making it an excellent addition to any multifamily investment portfolio.
Exclusively Listed By
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