Santa Rosa CA  home offered at $5,250,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

647 Dutton Avenue
Santa Rosa, California CA 95407
Sold For: $5,200,000
Listing ID: ML81899811
Price/SqFt: $404.98
Status: Closed
Sold Date: 10/07/2022
SqFt: 12,840 Sq Ft
Year Built: 1971

The Crossing at Dutton provides investors a unique opportunity to acquire a turn-key asset with EXTRA upside in income potential through lease rate increases and utility reimbursement income (RUBS). Future ownership will benefit from limited deferred maintenance, as the property received major upgrades to the interiors (17 of 18 units fully remodeled) and exterior over the past 12 months. Dual pane windows, new decking and all roofs were replaced between 2008-2012. The tastefully landscaped grounds of the property provide a quaint, secluded place for tenants to call home. Tree-lined courtyards, balconies and patios all make for a private living experience. The complex is located in close proximity to major highways (HWY 12) and freeways (101), schools, employers, shopping, public transportation (bus stops and light rail), and bike paths (Joe Rodota Trail). Download the Offering Memorandum here: https://www.redwoodpropertyco.com/dutton

Primary Features

County: Sonoma
Price/SqFt: 404.98
Property Type: Commercial Sale
Year Built: 1971
Zoning: R315UA

Interior

Cooling Type: Wall/Window Unit(s)
Cooling: yes
Heating: yes
Heating Type: Floor Furnace, Wall Furnace

External

Carport Spaces: 18
Lot Size Source: Assessor
Number Of Buildings: 6
Parking Total: 18
Roof: Shingle
Water Source: Public

Location

MLS Area Major: 699 - Not Defined

Additional

Co List Agent State License: 01913402
Co List Office State License: 02166543
Days On Market: 88
List Agent State License: 02133612
List Office State License: 02166543
Parcel Number: 125162022000
Year Built Source: Other

Financial

Gross Scheduled Income: 425307
Insurance Expense: 3906
Maintenance Expense: 7200
Other Expense: 12420
Special Listing Conditions: Standard
Tax Annual Amount: 59577
Total Expenses: 149738
Trash Expense: 15704

Zoning Info


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Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: Nick Oliver, DRE #02133612 from Redwood Property Company (831) 224-6903

Contact - Listing ID ML81899811

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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