
Santa Rosa, CA 95401
This four-plex represents a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,109,906 Fair Market Value by 5%. This valuation gap provides $59,906 in Instant Equity for the buyer. With a Condition Rating of 4, the property offers stable cash flow through its mix of long-term and annual leases. Its proximity to the SMART train and Coddingtown Mall ensures consistent demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs via rental income.
Property is moderate renovation needed.
Built in 1968 (56 years old), the property exceeds the 20-year threshold for 'Fair' condition. While it has received partial updates including newer flooring and paint in two units, the overall age and 'some updating' description suggest dated systems and interiors that require ongoing minor repairs and modernization.
The property is ideally situated near Coddingtown Mall, Whole Foods, and the SMART train station, offering high walkability and transit access that ensures consistent tenant demand.
The inclusion of a larger 2-bedroom, 1.5-bath owner's unit with a private enclosed patio provides a rare opportunity for a buyer to occupy the property while generating significant rental income.
With all units currently occupied, recent interior updates to half the units, and additional income from owned coin-operated laundry, the property offers a turnkey investment with multiple revenue streams.
Built in 1968, the property may require higher long-term maintenance costs and capital improvements for aging systems compared to newer multi-family constructions.
The 7,139 sqft lot is relatively compact for a 3,720 sqft four-plex, which may result in limited off-street parking and minimal common outdoor space for tenants.
Excellent investment opportunity with strong rental appeal! This four-plex features three two-bedroom, one-bath units plus a larger two-bedroom, one-and-a-half-bath owner's unit complete with a spacious enclosed patio. All four units have received some updating over the years. Two units are occupied by long-term month-to-month tenants, while the other two have annual leases and were leased within the past two years after receiving fresh interior paint and newer flooring. The property also includes a convenient coin-operated laundry room with an owned washer and dryer, providing an additional source of income. Ideally located near Coddingtown Mall, Whole Foods, shopping, restaurants, and public transportation, including the SMART train, this property offers convenience for tenants and long-term investment potential. Whether you're looking to expand your portfolio or occupy the owner's unit while generating rental income, this is an opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,720 | - |
| Lot Size | 7,139 | - |
| Price | $1.05M | $798.2K |
| Price per sq ft | $282 | $432 |
| Built year | 1968 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 74 |
Jul 20, 2026
$1,050,000
Initial Listing