INCOME PROPERTY FOR SALE
4 Detached Homes in Downtown Cotati
Multi Unit 4 Detached Homes
8197 Arthur St, Cotati, CA 94931
8197ARTHUR.COM
Year Built: 1927 Building Size: 3,524 Sq Ft Lot Size: .4316 Acres Tax ID: 144-273-006 CAP Rate: 6%
OFFERED AT $1,495,000
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
UNIT COMPOSITION 4 Single-family homes on one lot Premium downtown location (1) 3BR/1BA home (2) 2BR/1BA home (1) 1BR/1BA home 1-car garages Tenants pay all utilities
RE/MAX MARKETPLACE IS PROUD TO PRESENT
ONCE-IN-A-BLUE-MOON OPPORTUNITY TO OWN A PIECE OF DOWNTOWN COTATI
Upside potential 8197 Arthur St consists of four detached homes on almost a 1/2 acre city lot in Downtown Cotati. This rare offering present a unique opportunity to own a stellar income property, with tremendous growth potential and endless possibilities for end users as well as investors. Conveniently located just one block from the Plaza, with easy access to 101 and a short distance to Sonoma State University, this property boasts the proverbial "Location, Location, Location"! The two residences on East Cotati may have limited commercial use (subject to zoning and use). Property consists of one 3-bedroom/2-bath, two 2bedroom/1-bath and one 1-bedroom/1-bath detached homes. Operational expenses are very low due to separate meters for water/sewer, gas and electric. In addition, tenants pay for their own garbage service. With over $250,000 in recent upgrades, units include new roofs, gutters, fences, and landscape. The home located at 125 East Cotati has been extensively upgraded with a bedroom/bath addition, new kitchen cabinets, quartz countertops, stainless steel appliances, fullsize gas stove, recessed lighting, new windows, tile floors, bathroom cabinets and shower surround. Residence includes a large fenced and landscaped backyard and an attached one-car garage. Don't miss your chance to own a piece of Downtown Cotati— Sonoma County's hub.
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
LOCATION
COMMUTER LOCATION
2.3 Miles To Sonoma State University 9.2 Miles to Santa Rosa Junior College, Santa Rosa Campus 6.5 Miles to Santa Rosa Junior College, Petaluma Campus 8.1 Miles to Downtown Santa Rosa 9.5 Miles to Petaluma 47.2 Miles to San Francisco 23 Miles to Bodega Bay 15.8 Miles to Sonoma County Airport
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
125 E Cotati Ave
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
8187 Arthur St
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
8177 Arthur St
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
8197 Arthur St
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
FINANCIALS
INCOME AND EXPENSE PROPERTY REPORT
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
COUNTY ASSESSOR'S PARCEL MAP
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
SUBMARKET INFORMATION
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
RENT TRENDS
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
RENT COMPARABLES
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
DEMOGRAPHIC OVERVIEW
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
COMMUNITY
ABOUT COTATI Welcome to the "Hub" of Sonoma County Cotati has long been considered the "Hub" of Sonoma County by virtue of its central location and wheel-shaped plaza. Cotati offers the best of small town living, with all of the advantages of having a location near larger cities. Cotati is the effective downtown of Sonoma State University -- the only California State University in Sonoma County. Cotati's roots are steeped in agriculture, education and the arts. The residents are proud of its diverse community and rich history. Located between Petaluma and Santa Rosa and only 40 minutes north of the Golden Gate Bridge, Cotati has direct access to Hwy 101, Old Redwood Hwy and Stony Point Road. Cotati is often referred to as the “Gateway to Sonoma County” because of its crossroads location and close proximity to everything. Like many Sonoma County cities, there is a downtown, known to locals as “Walkable Cotati.” This area boasts several award-winning restaurants and taverns, which feature nightly live music and entertainment. Downtown has a great mix of boutiques, galleries and other small businesses, only adding to Cotati’s charm.
Population Median Age Median Household Income Number of Employees 1 Year Growth
7,415 36.4 $64,754 3,968 1.25%
Employment by Occupation (Most to Least)
Sales & Related Occupations (13.9%) Management (12.5%) Administrative (12.9%) Education, Training & Library Occupations (6.2%) Food Preparation, Serving & Related (6%)
DAVID AND ERIKA RENDINO, INCOME PROPERTY SPECIALISTS (707) 696-3742/(707) 318-1851 | DERENDINO@GMAIL.COM
David & Erika Rendino INCOME PROPERTY SPECIALISTS DRE#01252035 | 01465104
DIRECT: 707.696.3742 ESPAÑOL: 707.318.1851 EMAIL: DRENDINO@MAC.COM
SonomaCountyIncomePropertyReport.com
Each office independently owned and operated. The information contained herein has been obtained through sources deemed reliable by RE/MAX Marketplace, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE.