422 Klute Street, Santa Rosa, CA 95401, Santa Rosa, 95401 - 0 bed, 0 bath
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422 Klute Street
Santa Rosa, CA 95401
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,912Sq Ft
5,998Lot Size
Property Price
LIST PRICE$1,000,000
EST. MARKET VALUE
$1,073,500
6% BelowMARKET VALUE
SUMMARY
This 4-plex is a Strong Value Opportunity, listed at a List Price of $1,000,000—positioned well below the $1,073,500 Fair Market Value by 6%. This valuation gap offers $73,500 in Instant Equity. Featuring a Condition Rating of 4, the property includes separate utility meters, covered parking, and on-site laundry, ensuring operational efficiency. While the infrastructure is vintage, the St. Rose Historical District location guarantees high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking stable, income-producing real estate.
Estimated Market Value
$1,073,500+$73,500 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Rosa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 422 Klute Street Subject | $1,000,000* List Price | 0 | 0 | 2,912 | $369 | - |
A 406 Klute Street Active | $1,245,000 List Price | 0 | 0 | 2,912 | $428 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, this 4-plex has received recent cosmetic updates including LVP flooring and fresh paint in some units. However, the kitchens feature dated cabinetry and older white appliances, and the heating system relies on older wall units. While functional and well-maintained with dual-pane windows, the primary systems and kitchen/bath aesthetics are over 20 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in the desirable St. Rose Historical District near downtown Santa Rosa, the property benefits from high rental demand due to its proximity to urban amenities and easy Highway 101 access.
- Favorable Utility Configuration
The units feature separate electric and gas meters along with independent electric water heaters, effectively shifting utility costs to tenants and simplifying property management.
- Strong Tenant Amenities
With covered parking, individual storage closets, and an on-site coin laundry facility, the property offers high-value conveniences that enhance tenant retention and justify premium rents.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1964, the property may require more frequent maintenance or future capital improvements to address aging systems typical of mid-century construction.
- Limited Outdoor Space
The 5,998 square foot lot is largely utilized for the building and parking, leaving minimal common outdoor area or green space for tenant recreation.
About 422 Klute Street
Fantastic 4 plex investment opportunity located in the St. Rose Historical district! The perfect mix of three 2 bedroom 1 bath units and one 1 bedroom 1 bath unit. The light and bright units include attractive LVP flooring throughout most of the living areas and refrigerators in the cheery kitchens. Two of the units include freshly painted interiors. There is covered parking for 4 vehicles and room for 3 uncovered spaces. Each unit comes with a large storage closet located in the carports enhancing tenant appeal and convenience. A convenient and clean coin laundry room is attached along with two large owners storage closets. Each unit has independent electric water heaters, separate electric & gas meters and dual pane windows. Ideally located near the highly desired rental market of downtown Santa Rosa with access to it's shopping, restaurants and everyday activities. Also, convenient to Hwy 101 access. This is an exceptional opportunity to own prime income producing real estate in downtown Santa Rosa.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1964
- Lot Size
- 5,998 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,912 | 2,601.556 |
| Lot Size | 5,998 | 6,519.556 |
| Price | $1.00M | $817.2K |
| Price per sq ft | $343 | $373 |
| Built year | 1964 | 1973 |
| HOA | $0 | $128 |
| Days on market | 29 | 71 |
Pricing History
Listed for Sale
Aug 11, 2026
$1,000,000
Initial Listing