Pacific Townhomes 1158 Humboldt St Immeuble residentiel 26 lots 6 486 566 € (249 483 €/Lot) Taux de capitalisation 5,87 % Santa Rosa, CA 95404

*** Showing by Appointment: September 25th 10am to 12pm ***
Call/text/email John Garrett to reserve a time:john.garrett@marcusmillichap.com; (415) 652-8431
Pacific Townhomes presents an excellent opportunity to acquire a 26-unit apartment community in one of Santa Rosa’s most charming and walkable residential neighborhoods. Surrounded by attractive, vintage single-family homes, the property benefits from a peaceful, tree-lined setting and an unbeatable central location just minutes from downtown Santa Rosa. Residents enjoy close proximity to Santa Rosa Junior College, Santa Rosa High School, neighborhood parks, local retail, dining options, and a nearby Safeway-anchored shopping center.
Built in 1972, the property features attractive mid-century modern architecture with a landscaped central courtyard, complete with lawn and a swimming pool. The community consists of 25 spacious 2-bedroom, 1.5-bath townhomes and one studio unit, appealing to a broad range of tenants.
Each two-bedroom townhome offers a thoughtfully designed layout with kitchen, dining, and living areas and a half-bath on the main floor, and two generous bedrooms, a full bath, and in-unit laundry (in 16 units) on the second level. With no neighbors above or below, private entries, and fenced back patios, residents enjoy enhanced privacy and comfort—features especially valued by today’s renters.
Recently, 22 of the 26 units have been partially or fully renovated, featuring quartz countertops, modern shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, stylish lighting, dual-pane windows/sliders, upgraded electrical panels, and in-unit laundry in many homes.
The site includes covered parking for 25 vehicles, plus additional surface and street parking. Tenants pay for gas, electricity, and cable, while ownership covers water, sewer, and trash. A central heating system provides hot water, and a RUBS program is in place to offset utility costs.
Pacific Townhomes is a cash flowing asset with high demand upgrades and strong location appeal that offers further upside through completion of the renovation program across all the townhomes.