Bought with Thomas Henthorne • Golden Gate Sotheby's International Realty
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3005 Maryanna DR Bodega Bay, CA 94923
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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,612 sqft
Price per Sqft $689
MLS Listing ID 321059290
Sold Date 08/23/21
Bedrooms 1012
HOA Y/N No
Year Built 1933
Lot Size 0.668 Acres
Property Description
Situated on the Sonoma coast just north of Bodega Bay in Salmon Creek, this five-unit income-generating property is ideal for investors looking for reliable cash flow in a serene setting adjacent to Salmon Creek and steps away from the Pacific Coast at Salmon Creek State Beach Park. Perfect for beach and nature lovers and surfers. This unique property offers many opportunities for prospective buyers including continuing long-term rentals for all 5 units, converting to a short-term vacation rental model, utilizing 1 or more units as an owners unit or converting the entire property into a family compound. The current owners have invested approximately $200,000 in improvements since their purchase in 2015 including a completely new roof in 2019 and new exterior paint in 2020. All 5 units are currently rented, 4 of them with month-to-month leases. Tenant turn-over has been very low since the owner's purchase. All 5 units have dedicated parking and 4 units enjoy private gardens.
Location
State CA
County Sonoma
Area Coastal Sonoma
Interior
Interior Features Skylight(s)
Heating Electric, Pellet Stove, Varies by Unit, Wood Stove
Cooling None
Exterior
Garage Covered, Off Street, Uncovered, Varies by Unit
Garage Spaces 10.0
Building
Sewer Septic System
Water Water District
Architectural Style Mid-Century
Others
Special Listing Condition None
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