SUMMARY

421 West Street, a 12-unit apartment community in Sebastopol, CA. Positioned approximately 500 feet from Safeway and a quarter mile from downtown Sebastopol's Main Street corridor, the property boasts a Walk Score of 91. Whole Foods Market (0.4 miles) and The Barlow's restaurant, winery, and brewery district (approximately half a mile) are both within a short walk, and Analy High School is less than half a mile northeast. Regionally, Sebastopol lies 7 miles west of Santa Rosa and 56 miles north of San Francisco, with State Route 12 linking residents to U.S. 101 and Santa Rosa's employment base. The county's largest employers are a short drive away, supporting a deep renter pool. Constructed in 1973 on a 0.60-acre parcel, 421 West Street comprises 12 units totaling 9,184 rentable square feet, including eight one-bedroom/one-bathroom units averaging 582 square feet and four two-bedroom/one-and-a-half-bathroom, townhome-style units averaging 1,132 square feet. Eight units have been renovated, featuring updated flooring, kitchens, and bathrooms. Unit 6 is the only unit with an in-unit washer and dryer. Property amenities include a shared on-site laundry facility serving the remaining units, separately metered gas and electric service, and 20 parking spaces, equating to a parking ratio of 1.67 spaces per unit. Additionally, RUBS offsets owner-paid water, sewer, and trash expenses, with utility reimbursement income projected at $18,045 annually.