Cotati CA Multi Family for Sale
$1,325,000
127 E Cotati Avenue Cotati, CA 94931
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 1987
- Baths:
- MLS#:
- 324070735
ADDITIONAL INFORMATION
Seize this rare opportunity to own a prime mixed-use investment in Downtown Cotati. This turn-key property features two fully leased ground-floor commercial units and two spacious apartments, situated on a high-visibility corner lot. Meticulously maintained by the current owner for over 20 years, no expense has been spared, ensuring quality leased spaces for tenants. The residential component includes a recently remodeled 2-bed, 1-bath apartment and a large studio. Both units feature full-sized kitchens, remodeled bathrooms, and are in beautiful move-in-ready condition. Both units have been left vacant, providing various options for the new owner. The commercial units include a thriving hair salon and a popular restaurant, both leased on a long-term basis, offering stable and reliable tenancy. The hair salon occupies approximately 1,100 sq. ft., featuring an employee room/office, LED lighting, a remodeled bathroom, new vinyl flooring, and dedicated air conditioning. The restaurant, known for its BBQ and Mexican cuisine, spans approximately 1,800 sq. ft. and features new vinyl flooring, an inviting interior with its own bathroom, prep kitchen, full-size walk-in commercial fridge, washroom, dry storage, office, a large street-facing patio, and a permitted BBQ area.
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Cotati Real Estate
The median home value in Cotati, CA is $484,400. This is lower than the county median home value of $752,000. The national median home value is $338,100. The average price of homes sold in Cotati, CA is $484,400. Approximately 54.54% of Cotati homes are owned, compared to 41.62% rented, while 3.84% are vacant. Cotati real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cotati real estate agent to arrange a tour today!
Cotati, California has a population of 7,603. Cotati is more family-centric than the surrounding county with 38.44% of the households containing married families with children. The county average for households married with children is 29.67%.
The median household income in Cotati, California is $97,500. The median household income for the surrounding county is $91,607 compared to the national median of $69,021. The median age of people living in Cotati is 37.2 years.
Cotati Weather
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 33.6 inches per year, with 0 inches of snow per year.