
Santa Rosa, CA 95409
Reintroduced to the market and priced to drive immediate interest, Bridgewood Apartments is a turnkey 14-unit multifamily community in the highly desirable Rincon Valley neighborhood of northeast Santa Rosa. The property features eight spacious 2-bed/1-bath units and six 1-bed/1-bath units, offering an ideal mix for renters. Substantial capital improvements have already been completed, including a new roof, new electrical main panels and subpanels, and renovations to 10 of the 14 units providing immediate appeal and long-term durability. Tenants enjoy the immediate proximity to Oliver's Market and top-ranked Maria Carrillo High School. With plentiful parking, strong neighborhood fundamentals, and diligent upkeep, Bridgewood Apartments represents a great opportunity to acquire a well maintained, income-generating asset in a prime Santa Rosa location.
Property is new construction or fully renovated.
While built in 1968, the property has undergone substantial recent renovations (<5 years) to 10 of the 14 units, featuring modern shaker cabinetry, stainless steel appliances, and updated bathrooms. Critical systems have been modernized with a new roof and new electrical main panels and subpanels, qualifying it as a turnkey, low-maintenance asset.
Situated in the highly desirable Rincon Valley neighborhood, the property benefits from immediate proximity to top-ranked Maria Carrillo High School and Oliver's Market, ensuring high tenant demand and low vacancy.
The asset is largely turnkey with a new roof, updated electrical main panels, and 10 out of 14 units already renovated, significantly reducing immediate capital expenditure requirements for a new owner.
The property features a favorable mix of eight 2-bedroom and six 1-bedroom units, providing a versatile rental portfolio that appeals to a broad demographic in the Santa Rosa market.
Built in 1968, the property may have underlying plumbing or structural components that require ongoing maintenance despite recent surface and electrical upgrades.
With 4 of the 14 units remaining unrenovated, the buyer will need to manage future turnovers and additional renovation costs to achieve the property's full market rent potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.8 |
| Baths | 0.0 | 3.0 |
| Square foot | 10,012 | 2,666.769 |
| Lot Size | 19,980 | 6,621.077 |
| Price | $3.85M | $880.6K |
| Price per sq ft | $385 | $370 |
| Built year | 1968 | 1973 |
| HOA | $0 | $128 |
| Days on market | 187 | 69 |
Apr 20, 2026
$3,850,000
Initial Listing
Apr 12, 2023
$3,058,000
Public Record