881 Lorna Drive, Glen Ellen, CA 95442
Local realty services provided by:CENTURY 21 Kobetz Realty
881 Lorna Drive,Glen Ellen, CA 95442
$1,249,000
- - Beds
- - Baths
- 2,565 sq. ft.
- Multi-family
- Active
Listed by: aaron kopelman
Office: sotheby's international realty
MLS#:326075380
Source:CABAREIS
Price summary
- Price:$1,249,000
- Price per sq. ft.:$486.94
About this home
Six-Unit Multifamily Investment in the Heart of Glen Ellen. A rare chance to acquire a fully stabilized six-unit multifamily property in one of Sonoma Valley's most desirable communities. Fully leased and producing $106,380 in gross annual income, the property is offered at a 5.97 cap rate, 11.7 GRM, and approximately $208,200 per unit. Several rents remain below market, providing immediate in-place cash flow with the potential to increase income over time. Multifamily properties of this size and quality rarely become available in Glen Ellen, where limited inventory and consistent rental demand continue to support long-term investment performance. Situated on an expansive 13,800 sq. ft. lot (over 0.30 acres), the property consists of three detached duplexes, each offering a thoughtfully designed one-bedroom, one-bath residence. Each residence features a full kitchen with a gas range, oven, and refrigerator, a comfortable living area, and a bathroom with a shower-over-tub configuration. Private outdoor spaces, single-level living, and ample on-site parking contribute to strong tenant appeal and long-term occupancy. Located less than two miles from the village of Glen Ellen, residents enjoy convenient access to acclaimed restaurants, wineries, gourmet markets, Jack London State Historic Park, Sonoma Valley Regional Park, schools, public transportation, and everyday conveniences. Approximately one hour from San Francisco, the property is well positioned for investors seeking stable cash flow today with meaningful upside in one of Northern California's most supply-constrained rental markets. Well suited for a 1031 exchange or long-term hold, the property offers the rare combination of immediate income, operational stability, and future rental upside in one of Sonoma Valley's most sought-after investment markets....
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Home facts
- Year built:1946
- Listing ID #:326075380
- Updated:September 13, 2026 at 02:34 PM
Rooms and interior
- Flooring:Laminate, Tile, Wood
- Living area:2,565 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1946
- Building area:2,565 sq. ft.
- Lot area:0.32 Acres
- Lot Features:Landscape Front
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,249,000
- Price per sq. ft.:$486.94
Parking
- Total parking spaces:6
- Parking description:Off Street, Uncovered
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