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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.
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County | Sonoma |
Elementary School | - |
Middle School | - |
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MLS number: 325030509
Listing agent:
John W. Garrett
#01421403
Listing broker:
Marcus & Millichap Real Estate Investment Services, Inc.
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last update: Thursday, April 24 2025 at 4:38 a.m. EDT
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