18585 Manzanita RoadSonoma, CA 95476Sale Price: $675,000

18585 Manzanita Road is a well-located 3-unit multifamily property situated on a quiet residential street in the Boyes Hot Springs community of Sonoma, CA. Just one block west of Sonoma Highway, the property offers easy access to the area's shopping, dining, and everyday conveniences, while being surrounded by well-maintained homes. Built in 1953, the two-story building consists of three 1-Bed/1-Bath units, each featuring wall heaters, individual water heaters, and dishwashers. The second-story unit (Unit #3) boasts a spacious covered balcony, adding to its appeal. Additional amenities include coin-operated laundry and ample parking, with a gravel lot for six vehicles plus a single-car garage. Recent electrical upgrades, including an improved main service and subpanels, provide added value and reliability. This property represents a prime opportunity for investors looking for a bite-sized multifamily asset with significant cash flow potential. With rents positioned below market, a new owner has the ability to stabilize the property, optimize rental income, and increase long-term value. Additionally, 30-year financing at competitive interest rates is available, providing mortgage stability and long-term investment security.