Login

1855 Petaluma Hill Road, Santa Rosa, CA 95404

Local realty services provided by:CENTURY 21 Kobetz Realty
1855 Petaluma Hill Road,Santa Rosa, CA 95404
$6,350,000
  • - Beds
  • - Baths
  • 16,429 sq. ft.
  • Multi-family
  • Active
Listed by: steven level
Office: berkshire hathaway
MLS#:325080926
Source:CABAREIS

Price summary

  • Price:$6,350,000
  • Price per sq. ft.:$386.51

About this home

Excellent opportunity to acquire a 39-unit apartment complex on over two acres in Santa Rosa, offering immediate cash flow with significant value-add potential. Colgan Creek Cottages features a diverse unit mix comprised of one (1) 3-bedroom, 2-bath single-family home, one (1) 3-bedroom cottage, four (4) 2-bedroom units, thirteen (13) 1-bedroom units, and twenty (20) studios, spread across multiple parcels. Unlike traditional apartment buildings, most residences are individual cottages with no shared wallsan appealing layout that enhances privacy and drives tenant demand. Amenities include an on-site laundry room with attached workshop and office, three storage buildings, ample on-site parking, and a utility structure that allows for substantial cost recovery through tenant bill-backs. Situated in one of the fastest-growing submarkets of Santa Rosa, the complex enjoys historically strong occupancy with minimal turnover. Significant upside exists through unit renovations and upgrades,

Contact an agent

contact an agent

Yes, I would like more information from CENTURY 21®. Please use and/or share my information with an CENTURY 21 affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an CENTURY 21 affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1939
  • Listing ID #:325080926
  • Updated:December 16, 2025 at 04:18 PM

Rooms and interior

  • Living area:16,429 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1939
  • Building area:16,429 sq. ft.
  • Lot area:2.35 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,350,000
  • Price per sq. ft.:$386.51
The information being provided by Bay Area Real Estate Information Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bay Area Real Estate Information Service. CENTURY 21 Kobetz Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Kobetz Realty, a broker participant of Bay Area Real Estate Information Service. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bay Area Real Estate Information Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Bay Area Real Estate Information Service. All rights reserved.

New listings near 1855 Petaluma Hill Road