Cedarwood Apartments is a 35-unit, condo-mapped multifamily community on 2.80 acres in central Santa Rosa, offered for purchase individually or as a portfolio with North Street Apartments (1570 North Street, Santa Rosa) The property features a 3BR-heavy unit mix 25 three-bed/2.5-bath townhome-style units averaging 1,230 SF and 10 two-bed flats with individual furnaces, individual hot water heaters, attached garages, and a pool. In-place rents average $2,854, leaving 9% of mark-to-market upside ($253/unit) and an additional $268/unit achievable through interior renovations and exterior siding upgrades. The condo map provides flexible long-term exit optionality. 97% occupied and immediate proximity to Santa Rosa Plaza, Highway 101, and Downtown Santa Rosa.
North Downtown Santa Rosa, located between Santa Rosa Creek and Mendocino Avenue, is a historic and walkable Santa Rosa neighborhood with a courthouse core and a café-lined grid. The neighborhood’s character concentrates around the Fourth Street and Mendocino Avenue corridor, where independent coffee bars, galleries, and late-night bites cluster under street trees and marquee lights. The Luther Burbank Center for the Arts, the Charles M. Schulz Museum, and Russian River Brewing Company act as cultural anchors with a strong local following. Architecture shifts from early storefront blocks to restored Victorians and mid-century civic buildings. Side streets carry a quieter rhythm, while the SMART line and bus hub keep the pace urban. Creekside paths and pocket parks add green breaks between errands and evenings out.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Security features noted (see remarks)
Bedrooms
Ten 2-bedroom units
Twenty-five 3-bedroom units
Bathrooms
2-bedroom units with one full bath
3-bedroom units with two full baths and one half bath
Kitchen
No appliance details provided
Laundry & utility
Individual electric and gas meters for units
Primary and separate meters present
Heating & cooling
Wall furnaces
Cooling noted as 'Other' (see remarks)
Exterior features
Flat/low-pitch roof
In-ground pool
Pool on-site
Tenant pays electric and gas utilities
Home design
Apartment/multi-unit property
Ten buildings on the property
Zoning: CITYSR
Parking
Attached and covered parking
35 garage spaces
Security
Security features listed (see remarks)
Construction
Crawl space foundation
Utilities
Public water
Public sewer
Individual electric meters
Individual gas meters
Public utilities available
Financial info
Total of 37 units in the building/complex
Annual rental income reported
Annual gross income reported
Gross scheduled income and other income reported
Total expenses and utility expenses reported
Vacancy factor of 4%
Gross rent multiplier provided
Electricity and solar
View estimated energy costs and solar savings for this home
Cedarwood Apartments is a 35-unit, condo-mapped multifamily community on 2.80 acres in central Santa Rosa, offered for purchase individually or as a portfolio with North Street Apartments (1570 North Street, Santa Rosa) The property features a 3BR-heavy unit mix 25 three-bed/2.5-bath townhome-style units averaging 1,230 SF and 10 two-bed flats with individual furnaces, individual hot water heaters, attached garages, and a pool. In-place rents average $2,854, leaving 9% of mark-to-market upside ($253/unit) and an additional $268/unit achievable through interior renovations and exterior siding upgrades. The condo map provides flexible long-term exit optionality. 97% occupied and immediate proximity to Santa Rosa Plaza, Highway 101, and Downtown Santa Rosa.
Public Records
Sep 12, 2013
Sold
$6,100,000
$155/sq ft
Public Records
Aug 3, 2012
Sold
$4,100,000
$104/sq ft
Public Records
Jan 12, 1988
Sold
$1,850,000
$47/sq ft
Public Records
Feb 3, 1984
Sold
$400,000
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$85,933 (+1.6%)
$2,500,755 + $5,127,557
$7,628,312
2024
$84,614 (+1.5%)
$2,451,721 + $5,027,246
$7,478,967
2023
$83,380 (+6.5%)
$2,403,649 + $4,928,950
$7,332,599
2022
$78,272 (+1.2%)
$2,356,519 + $4,832,454
$7,188,973
2021
$77,335 (+0.2%)
$2,310,313 + $4,737,864
$7,048,177
2020
$77,158 (+0.5%)
$2,265,013 + $4,646,671
$6,911,684
2019
$76,756 (+0.6%)
$2,241,789 + $4,599,060
$6,840,849
2018
$76,330 (+1.8%)
$2,197,833 + $4,508,949
$6,706,782
2017
$74,963 (+3.6%)
$2,112,490 + $4,333,993
$6,446,483
2015
$72,327 (+6.5%)
$2,071,069 + $4,248,772
$6,319,841
2014
$67,916 (+47.3%)
$2,009,080 + $4,122,184
$6,131,264
2013
$46,093 (+37.0%)
$2,009,080 + $4,122,184
$6,131,264
2012
$33,651 (+2.1%)
$1,100,000 + $3,000,000
$4,100,000
2011
$32,974 (+1.3%)
$822,709 + $2,139,070
$2,961,779
2010
$32,564 (+6.1%)
$806,578 + $2,097,128
$2,903,706
2009
$30,701 (+2.1%)
$800,550 + $2,081,455
$2,882,005
2007
$30,074
$728,634 + $1,923,602
$2,652,236
Public record
Public record
Zoning
Permits
Beds
95
Baths
72.5
Stories
2
Lot width
—
Lot depth
—
Lot size
2.8 Acres
Year renovated
1986
Finished Sq. Ft.
42,357
Unfinished Sq. Ft.
—
Total Sq. Ft.
42,357
Year built
1986
Style
Multi-Family (5+ Unit)
County
Sonoma County
APN
152080060000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
R-3-15-SA
Multi-Family Residential - 15 du per acre - North Station Area Combining District
The R-3 zoning districts are applied to areas of the City appropriate for residential neighborhoods with medium and higher residential densities, to provide home rental and ownership opportunities, and to provide a full range of choices in housing types to improve access to affordable housing. The maximum allowable density ranges from 8 to 30 dwellings per acre, with the specific allowable density for each parcel shown on the zoning map by a numerical suffix to the R-3 map symbol see Section 20-22.040. Densities of more than 30 dwellings per acre may be allowed within the Mixed Use land use designation of the General Plan; The R-3 zoning districts implement and are consistent with the Residential Medium Density and Medium High Density land use classifications of the General Plan.; The SA combining district is intended to enhance and reinforce distinctive characteristics within the North Santa Rosa Station Area Specific Plan area and create environments that are comfortable to walk in.
Permitted uses
Include but are not limited to:
Agriculture-Other
Day care facility
Healthcare-Other
Housing-Group
Housing-Multiple units
Housing-Student
Housing-Other
Infrastructure-Other
Housing-Mobile home park
Apr 2, 2025 • Final
Residential addition-alteration
Perform interior demolition of flooring, ceiling, drywall, and insulation.
Demolition
Mar 17, 2025 • Active
Residential addition-alteration
Remove the existing roof and replace it with a class A PVC roofing system on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
5/10 Flood Factor
Estimated 31-41% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
15 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Santa Rosa, CA • 95401
Average low and high temperatures (°F)
63
41
64
44
72
47
70
47
77
51
80
54
79
54
86
55
83
55
79
51
65
46
60
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
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