#325020847, Duncan C Wheeler, Listing Office: Compass
18585 Manzanita Rd Sonoma, CA 95476
Property details
About 18585 Manzanita Rd
18585 Manzanita Road is a well-located 3-unit multifamily property situated on a quiet residential street in the Boyes Hot Springs community of Sonoma, CA. Just one block west of Sonoma Highway, the property offers easy access to the area's shopping, dining, and everyday conveniences, while being surrounded by well-maintained homes. Built in 1953, the two-story building consists of three 1-Bed/1-Bath units, each featuring wall heaters, individual water heaters, and dishwashers. The second-story unit (Unit #3) boasts a spacious covered balcony, adding to its appeal. Additional amenities include coin-operated laundry and ample parking, with a gravel lot for six vehicles plus a single-car garage. Recent electrical upgrades, including an improved main service and subpanels, provide added value and reliability. This property represents a prime opportunity for investors looking for a bite-sized multifamily asset with significant cash flow potential. With rents positioned below market, a new owner has the ability to stabilize the property, optimize rental income, and increase long-term value. Additionally, 30-year financing at competitive interest rates is available, providing mortgage stability and long-term investment security.
Highlights
Summary
- Parking: Other
- Heating: Other
- Cooling: Other
- List Price: $750,000
- Annual Tax Amount: $13,787
- Tax Year: 2024
- Lot: Other
- Directions: Use gps.
- MLS Number: 325030509
- MLS Name: BAREIS MLS
- Office Name: Marcus & Millichap Real Estate Investment Services, Inc.
- Office Email: adam.christofferson@marcusmillichap.com
- Listing Agent: John W Garrett
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Last updated on: 5/7/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
18585 Manzanita Rd
$8,906
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 10, 2014 | Home Sold | $555,000 |
Aug 06, 2013 | Home Sold | $480,000 |
Mar 27, 2003 | Home Sold | $529,000 |
Jul 19, 2001 | Home Sold | $401,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $884,340 | $13,787 |
2023 | $867,000 | $13,283 |
2022 | $641,105 | $10,471 |
2021 | $628,535 | $10,334 |
2020 | $622,091 | $9,884 |
2019 | $609,894 | $9,485 |
2018 | $597,937 | $9,485 |
2017 | $586,214 | $8,747 |
History based on county public records data.
Nearby schools
3
El Verano Elementary School
Public District KG-5
0.4 mi
•18606 Riverside Dr
5
Flowery Elementary School
Public District KG-5
0.8 mi
•17600 Sonoma Hwy
4
Sassarini Elementary School
Public District KG-5
1.4 mi
•652 5th St W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,147. Typical income of Sonoma, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 18585 Manzanita Rd in Sonoma, CA and zip code 95476 in the Baron's Villa neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $750,000.
In April 2025 more than 3 listings in Sonoma, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. The inventory of homes for sale in Sonoma, CA between March and April 2025 increased by 41.4%.