226 Arlen Drive, Rohnert Park, CA 94928, Rohnert Park, 94928 - 8 bed, 5 bath
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Rohnert Park, CA 94928
This Strategic Multi-Unit Asset is a High-Potential Investment Opportunity listed at $1,100,000, which aligns with its $1,100,000 Fair Market Value. Boasting a Good Condition Rating, the property features significant recent updates to three units, including modern LVP flooring, updated kitchens, and private patios. Its prime location near Sonoma State University ensures consistent tenant demand and low vacancy rates. With a versatile mix of townhomes and single-story layouts, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stabilized, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 Arlen Drive Subject | $1,100,000* List Price | 8 | 5 | 3,558 | $309 | - |
A 6440 Country Club Drive Sold | $1,150,000 | 8 | 4 | 3,292 | $349 | 0.8 mi |
B 950 Santa Alicia Drive Pending | $995,000 List Price | 8 | 6 | 3,558 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1971, the property has undergone significant recent renovations in three of the four units. Interior images reveal modern luxury vinyl plank flooring, fresh neutral paint, and new carpeting in the bedrooms. The kitchens have been updated with contemporary cabinetry and clean countertops, and the bathrooms feature modern vanities and black hardware. The property is move-in ready and well-maintained, meeting the criteria for a 'good' condition score.
The property's proximity to Sonoma State University, local schools, and parks ensures a consistent pool of high-quality tenants and strong rental demand.
With three of the four units featuring recent updates, the property offers reduced immediate maintenance needs and the potential for higher rental yields.
The combination of townhome and single-story layouts appeals to various tenant profiles, while on-site laundry and covered parking provide essential value-add features.
The $750 monthly association fee represents a significant recurring operating expense that impacts the overall net operating income and cap rate.
Built in 1971, the property may require future capital expenditures for major systems or structural components that fall outside of the recent cosmetic unit updates.
Welcome to a fantastic investment opportunity in Rohnert Park! This well-maintained 4-unit building is conveniently located near an elementary school, a beautiful park, and the prestigious Sonoma State University, making it an attractive option for tenants. Three of the Four units have had recent updates throughout. The building features a versatile floor plan, with two townhome-style 2-bedroom, 1.5-bath units and two single-story 2-bedroom, 1-bath units, accommodating a range of living preferences. Additionally, the common area offers a coin-operated laundry facility, providing an extra income stream. Parking is a breeze with each unit having its own covered carport space, along with additional parking available in the parking lot. Notably, this property is part of the Rohnert Parkside Homeowners Association, a community that includes a total of twelve 4-plexes, ensuring shared maintenance and resources. This is an excellent opportunity for investors or those looking to grow their real estate portfolio. Don't miss out on this gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 8.0 | 50% |
| Baths | 5.0 | 4.5 | 50% |
| Square foot | 3,558 | 3,425 | 50% |
| Lot Size | 11,100 | 9,259 | 50% |
| Price | $1.10M | $1.12M | 50% |
| Price per sq ft | $309 | $329 | 50% |
| Built year | 1971 | 1972 | 50% |
| HOA | $750 | $375 | 50% |
| Days on market | 211 | 215 | 50% |
Nov 14, 2025
$1,100,000
Initial Listing