1190 Gravenstein Highway Sebastopol CA 95472 MLS #324087772

This 2-story triplex is a value add with a lot of potential! 100% Occupied and at a 5.125% Cap rate, this is a great investment opportunity for the next owner! Just blocks south of downtown Sebastopol, close to shopping, fine dining, wineries and other west county amenities. This approx 3,338 square foot triplex on .48 acres, was once zoned as retail/mixed use, but is currently being used for residential use. The lower unit can still be used as commercial space if needed or desired. The lower unit used to be retail and is now converted to residential space and includes two full bedrooms, a full bathroom with laundry hook-ups. There is a small additional structure that is currently being used as creative space and also includes a bathroom and well room. The second floor has 2 units, one is a studio and the other is a 2 bedroom / 1 bathroom. The courtyard area is a common area shared amongst all the tenants. This versatile investment property in Sebastopol is in a location that is close to many favorites including popular Sequoia Burger, Fairfield Inn & Suites, Himalayan Salt Room Day Spa and more!
Listing courtesy of Carmen Gray at Vintage Sotheby’s International Realty

Property Details

Price:
$795,000
MLS #:
324087772
Status:
Active
Baths:
0
Address:
1190 Gravenstein Highway
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
sebastopol
City:
Sebastopol
State:
CA
Finished Sq Ft:
3,690
ZIP:
95472
Lot Size:
20,878 sqft / 0.48 acres (approx)
Year Built:
1964

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Since being licensed in 2003, I have represented hundreds of home buyers and sellers. My passion for real estate and commitment to my clients inspired me to elevate my license status to Broker, the highest licensing credential in real estate. This allows me to represent my clients with a broader skill set and a deeper understanding of the industry.I work hard to ensure my clients’ success, with a focus on engaging in a direct and personalized way. My approach to real estate is modern and strai…

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1190 Gravenstein Highway
Sebastopol, CA