$1,525,000 Price Analysis    ♡   Guerneville, CA 95446 Unknown bed None bath 5,000 SqFt ($305/SqFt) 1.17 acre lot. Built 1942 Listed 2022-10-28 | May be USDA loan restricted due to income limits near Guerneville |
Sycamore Court consists of 12 cottage apartments and 13 trailer spaces located in the Russian River town of Guerneville
* Has Contingent Offer *CA. Price reduced April 2024. There are six 2 BD's, three 1 B D's and three studios. All apartments and trailer spaces are rented as of May 1, 2024. There is a landscaped common area with a BBQ and picnic tables. One of the buildings includes five storage spaces for additional rental income. The property includes 13 trailer spaces, with 12 currently rented. The tenants pay for their own water, gas and electric, some billed by the utility companies and others sub-metered by the owner.
The owner pays for garbage and sewer. The laundry room has hookups for 4 washing machines and 3 dryers (machines not included). There are approximately 50 on-site parking spaces. Tenants have a 6-minute walk to swim at Johnson's beach or shop and dine in downtown Guerneville. Tenants enjoy nearby Armstrong Woods State Prk and many local wineries. The property is in a flood zone and flood insurance is required. Located in desirable Sonoma County, this property provides an investor with terrific cash flow and a stable tenant base.
Presented by Leon Geisberg at
BHHS Drysdale Properties.
Property MLS #322078246 from Bareis
Lot Size Acres: 1.17
Lot Size Square Feet: 50965
Parking Total: 50
Calculated Total Monthly Association Fees: 0
Number of Units: 12
Number of Studio Units: 3
Number of 1 Bedroom Units: 3
Number of 2 Bedroom Units: 6
Full Bathrooms in the 1 Bedroom Units: 1
Full Bathrooms in the 2 Bedroom Units: 1
Full Bathrooms in the 3 Bedroom Units: 1
Unit-1 Description: Unit 1 an example of a studio apartment. The studios are #1, 2, and 11. The studios rent $950-$1250..
County: Sonoma
Cross Street: 5th St
Directions: River Rd to north on Armstrong Woods Rd to left on Fourth St to right on Church St to end.
Disclaimer: All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified, is not guaranteed by broker or MLS, and is subject to change. All information should be independently reviewed and verified for accuracy. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Rapattoni Corporation. All rights reserved. U.S. Patent 6, 910, 045
Source Property Type: Residential Income
Area: Russian River
Source Neighborhood: Russian River
Property Subtype: 5 or More Units
Source System Name: C2C
$1,525,000
Bareis
Price Changed 2023-10-05
$1,575,000
Bareis
Relisted 2023-07-09
$1,675,000
Bareis
Listing removed 2023-07-08
$0
Bareis
Relisted 2023-07-02
$1,675,000
Bareis
Listing removed 2023-07-01
$0
Bareis
Price Changed 2023-02-08
$1,675,000
Bareis
Listed 2022-10-28
$1,750,000
Bareis
Year Built: 1942
Construction Materials: Fiber Cement, Frame, Wood
Foundation Details: Combination, Concrete, Raised
Levels: Two
Property Age: 82
Roof: Composition
Structure Type: Apartments
Architectural Style: Cottage, Farmhouse
Water Source: Public
Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.