1315 Lia LN, Santa Rosa, CA 95404
Listed by John W Garrett Marcus & Millichap Real Estate Investment Services, Inc. 

$9,320,000

Est. payment /mo

$9,300,000

0.2%
Est.Price: ?

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1315 Lia LN Santa Rosa, CA 95404

24,635 SqFt

SOLD DATE : 07/13/2022

Key Details

Sold Price $9,320,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 24,635 sqft

Price per Sqft $378

MLS Listing ID 322049922

Sold Date 07/13/22

HOA Y/N No

Year Built 2019

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type 5 or More Units

Property Description

Farmstead is a luxury multifamily community consisting of 20 apartments and one commercial space. The property is ideally situated in a bucolic location on a 2-acre parcel just 1/2 mile from major retail amenities and expansive public open space. Farmstead was originally constructed in 2007 and massively improved in 2020 when current ownership invested nearly $6 Million to renovate the property. Completed improvements include construction of 4 brand new rental apartments, conversion of 4 existing townhomes into 8 luxury apartment flats, conversion of commercial space into one luxury apartment and one designated affordable unit, the addition of 2 outdoor BBQ and lounge areas, EV charging stations, a dog park, and more. The commercial space is on a long-term lease with Mixed Greens, a successful private preschool with 3 operating locations in Sonoma County. The property offers unrivaled construction quality, apartment finishes, and common area amenities for a property of its size.

Location

State CA

County Sonoma

Area Santa Rosa-Southeast

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Laundry In Unit

Exterior

Exterior Feature Dog Run

Garage Spaces 6.0

Carport Spaces 6

Waterfront Description Public

Porch Balcony/Deck, Uncovered Patio

Total Parking Spaces 42

Private Pool No

Building

Lot Description Central BBQ, Cul-De-Sac, Curbs/Gutters, Garden, Shape Regular, Sidewalk

Sewer Public Sewer

Water Public

Others

Tax ID 044370007000

Financing Cash

Special Listing Condition Standard

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