Cotati, CA 94931 7034-7060 Santero Way
$5,100,000



19 more




















Presented By: John W. Garrett with Marcus & Millichap Real Estate Investment Services, Inc.
Home Details
Santero Lofts is a boutique, luxury multifamily property offering modern loft living in the heart of Sonoma County. Fully occupied as rental units, and in immaculate condition, Santero Lofts is an exceptionally rare investment asset in the North Bay market due to it's size, quality, and flexibility of exit options. The 14 lofts are individually mapped as condominiums and could be sold individually at a substantial premium above the bulk purchase price, offering an appealing exit option for flip investors. For buy and hold investors, there is significant upside to realize by moving rents to market rates. Built in 2006, the lofts offer unparalleled finishes in the local rental market. 19 foot ceilings soar over polished concrete floors, while oversized windows flood the lofts with natural light. Large walk-in closets and massive jacuzzi-style tubs complement the sleeping area in each unit. The kitchens are fully equipped and have stunning cabinetry and granite countertops. Immediately adjacent to the buildings is a beautiful HOA managed park for tenant enjoyment - six of the lofts open up directly to the park providing tenants the best of indoor/outdoor living. Rarely do you find such a high quality investment property at this scale and with such prolific upside.
Presented By: John W. Garrett with Marcus & Millichap Real Estate Investment Services, Inc.
Interior Features for 7034-7060 Santero Way
Bedrooms
Unit 1 Bedrooms1
Unit 3 Bedrooms0
Unit 2 Bedrooms1
UnitType4BedroomUnitsTotal0
Unit 1 Bedroom Units Total14
Unit 2 Bedroom Units Total
Unit 3 Bedroom Units Total
Unit 4 Bedrooms
Bathrooms
Unit 4 Full Baths0
Unit 1 Full Baths1
Unit 2 Full Baths2
Unit 3 Full Baths
Unit 2 Partial Baths
Unit 1 Partial Baths1
Unit 4 Partial Baths
Other Interior Features
Unit 2 Description1-Bdr / 2-Bath loft.
Unit 1 Description1-Bdr / 1.5-Bath loft.
Unit 1 Approx SqFt952
Unit 2 Approx SqFt1331
Unit 3 Approx SqFt0
Unit 4 Approx SqFt
# Studios Occupied
UnitTypeStudioUnitsTotal
Laundry FeaturesIn Each Unit
Total Stories2
Other Rooms
Unit 1 # of Rooms5
Unit 2 # of Rooms5
Unit 3 # of Rooms
Unit 4 # of Rooms
General for 7034-7060 Santero Way
# of Guest Space(s)
4 Bedroom Rent Range
Assoc Fee Paid PerMonthly
Association AmenitiesOther
Association NameSantero Way Homeowners Association
AuctionNo
Cap Rate0.00
Carport Spaces0.00
CityCotati
Close Price0.00
CoolingCeiling Fan(s)
CountySonoma
DirectionsEast on E Cotati Ave, South on Santero Way.
Garage Spaces0.00
Gross Income
Gross Rent Multiplier0.00
HOAYes
HOA Fee$6459
HOA Fee IncludesCommon Areas, Homeowners Insurance, Trash
HeatingCentral
Lot Size Square Feet0.00
Lot Size UnitsAcres
MLS AreaCotati/Rohnert Park
Number Of Units Total14
Open Parking Spaces0.00
PossessionClose Of Escrow, Subject To Tenant Rights
Property Subtype5 or More Units
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive
StatusActive
Subtype DescriptionApartments, Condominiums, Townhouses
Tenant PaysElectricity, Gas, Sewer, Water
UnitTypeCommercialUnitsTotal0
Year Built2006
Year Built SourceBuilder
Exterior for 7034-7060 Santero Way
Covered Spaces0.00
Independent Parking Spaces
Lot FeaturesNone
Number of Buildings2
Parking FeaturesOff Street, Uncovered
Tandem Parking Spaces0
Total Parking27.00
Water SourcePublic
Additional Details
Price History

Sean Gaynor-Rousseau
Broker Associate