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    338 Healdsburg Avenue

    Healdsburg, CA 95448
    • $4,500,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: 22016874
    UPDATED: 137 min ago
    $4,500,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,400
      SQFT
    • $703
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    A rare opportunity to own a legacy property in downtown Healdsburg. On the first block-off the plaza on the corner with Healdsburg Ave and North Street frontage, this historic building offers 2 high profile commerical spaces on the ground level and 6 residential units on the 2nd floor. The residential units rent a month for what it cost for 2 nights in a Hotel room across the street. There is a ton of upside potential if the residential units were upgraded to attract affluent lessees. The building has been fully seismically retrofitted. Also listed as MLS#22015817.

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - The Lucas Group. Data last updated: 2020-10-21T23:55:56.693.
    www.lucasgphomes.com/homes/108135799
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    338 Healdsburg Avenue Healdsburg, CA 95448

    • Price: $4,500,000
    • Status: Active
    • Updated: 137 min ago
    • ID#: 22016874
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    6,400
    SQFT
    $703
    $/SQFT
    Neighborhood:
    Healdsburg
    County:
    Sonoma
    Area:
    Healdsburg
    Property Description
    A rare opportunity to own a legacy property in downtown Healdsburg. On the first block-off the plaza on the corner with Healdsburg Ave and North Street frontage, this historic building offers 2 high profile commerical spaces on the ground level and 6 residential units on the 2nd floor. The residential units rent a month for what it cost for 2 nights in a Hotel room across the street. There is a ton of upside potential if the residential units were upgraded to attract affluent lessees. The building has been fully seismically retrofitted. Also listed as MLS#22015817.
    Exterior Features

    Carports 0 Exterior Brick Foundation Construct Other Garages 0 Lot Description Level On Site Parking On Street Open Uncovered Spaces 0 Roof Other Rv Boat Spaces 0 Type 2 Story Underground Spaces 0

    Interior Features

    Heat Cool 1 Window Unit Incl.

    Property Features

    1 Bdrm Ann Occupancy 100.00 1 Bdrms Occupied 1 1 Bedroom Rent Range 1750 1 Bedrooms 1 2 Bdrm Ann Occupancy 0.00 2 Bdrms Occupied 0 2 Bedroom Rent Range 0 2 Bedrooms 0 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Actual Auction No Cap Rate 4.10 City Transfer Tax No City Transfer Tax Rate 0.00 Comm Units Rent Rang 0 Commercial Units 0 Common Int Dev No Est Insurance Exp 3800.00 Est Maintenance Exp 3000.00 Est Management 4200.00 Est Misc Expenses 1140.00 Est Net Income 185324.00 Est Taxes 49500.00 Est Total Annual Exp 77240.00 Est Utilities Exp 15600.00 Expense Source Owner Furnished Units 0 GRM 17.14 Gross Scheduled Inc 262564.00 Guest Spaces 0 Laundry Appliance None Lease Deposit 0.00 Monthly Expenses 6436.67 Monthly Income 21880.33 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc ElectricityGarbageGasInsuranceMaintenanceManagementTaxes/Assessments Planned Unit Develop No Sewer Septic Sewer Public Square Footage Source Owner Studio Ann Occupancy 100.00 Studio Rent Range 1275 To 1525 Studios 5 Studios Occupied 5 Transaction Type Sale Water Source Water-Public Year Built Exception Unknown

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Tom Larson of Luxe Places International Realty.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - The Lucas Group. Data last updated: 2020-10-21T23:55:56.693.
     
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