2123 W Steele Lane

Santa Rosa, CA 95403

Sonoma County

About This Property

Rare FHA-eligible PUD in prime Santa Rosa location! This beautifully updated 2-bedroom, 1.5-bath end unit combines the best of condo living with the financing flexibility of a PUD - unlike typical condos in the area, this property qualifies for FHA programs. The east-facing orientation floods the home with natural morning light, while the end unit position means only one shared side wall for enhanced privacy. Fresh interior paint and brand new flooring throughout create a move-in ready space. Plus, enjoy the convenience of your own one-car garage. The HOA covers trash, roof maintenance, grounds, gutters, and most importantly - insurance, a tremendous benefit in today's challenging California market. Location is exceptional: just 1 block from the SMART train station, steps from Coddingtown Mall, near Snoopy's Home Ice and the Children's Museum, and minutes to Highway 101. Special opportunity: seller owns multiple units and is willing to accommodate 1031 exchange buyers. This property offers strong investment potential with a Gross Income Multiplier of .07+, making it an attractive addition to any rental portfolio. Don't miss this chance to own in one of Santa Rosa's most convenient neighborhoods!

Property Details

Location

2123 W Steele Lane, Santa Rosa, CA 95403