8161 8155 Olof ST, Cotati, CA 94931
Listed by John W Garrett Marcus & Millichap Real Estate Investment Services, Inc. 

$5,870,000

Est. payment /mo

$5,977,000

1.8%
Est.Price: ?

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8161 8155 Olof ST Cotati, CA 94931

13,400 SqFt

SOLD DATE : 01/20/2023

Key Details

Sold Price $5,870,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 13,400 sqft

Price per Sqft $438

MLS Listing ID 322089931

Sold Date 01/20/23

HOA Y/N No

Year Built 1972

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type 5 or More Units

Property Description

8155 & 8166 Olof St is a 20-unit multifamily property located in downtown Cotati. The property is situated on the outer band of Cotati's historic hexagonal downtown plaza. Olof St is only one block long and is lined with mature trees and vintage, single-family residences providing tenants a bucolic and charming neighborhood to call home. All the amenities of downtown Cotati are within a 4 block radius of the property, offering the utmost in convenience to access local shopping, dining, entertainment, and public outdoor space. La Plaza, Cotati's central park and community gathering area is one block away. There is no better location to be found in Cotati. The property is comprised of 4 buildings, each with an individual address number. The four buildings are split two each on adjoining parcels. The combined unit mix includes (8) 1-bd/1-ba apartments, and (12) 2-bd/1-ba apartments. On the first parcel, both buildings (addresses 8155 & 8157) are 4-plexes each with (2) 1-bd, and (2) 2-bd apartments. On the second parcel, both buildings (addresses 8161 & 8163) are 6-plexes each consisting of (2) 1-bd, and (4) 2-bd apartments. Most of the units have been remodeled, the building exteriors recently painted, all windows upgraded to dual-pane, and sewer laterals replaced.

Location

State CA

County Sonoma

Area Cotati/Rohnert Park

Interior

Heating Wall Furnace

Cooling None

Laundry Coin Operated, Common Area, Washer/Dryer Leased

Exterior

Waterfront Description Public

Total Parking Spaces 30

Private Pool No

Building

Lot Description Landscape Front, Sidewalk

Sewer Public Sewer

Water Public

Others

Tax ID 144250021000

Financing Conventional

Special Listing Condition Offer As Is

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