
Santa Rosa, CA 95404
This townhouse-style fourplex presents a High-Potential Investment Opportunity with a List Price of $1,388,000—positioned well below the $1,310,864 Fair Market Value by 5%. Featuring an Extensively Remodeled Condition Rating, this turnkey asset includes a Brand New Roof, Modern Kitchens, and Stainless Steel Appliances. With a strong unit mix and prime location near Santa Rosa Junior College, it offers stable cash flow for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, low-maintenance multifamily asset in a stable rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 Pacific Avenue Subject | $1,388,000* List Price | 0 | 0 | 3,556 | $369 | - |
A 722 Orchard Street Sold | $1,050,000 | 8 | 8 | 3,584 | $293 | 0.5 mi |
B 726 Orchard Street Sold | $1,050,000 | 8 | 8 | 3,584 | $293 | 0.5 mi |
C 418 Humboldt Street Active | $1,198,000 List Price | 4 | 4 | 2,802 | $428 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1967, the property has been extensively remodeled with modern kitchens, stainless steel appliances, and updated bathrooms. The inclusion of a brand new roof and upgraded electrical systems places it firmly in the 'Good' category as a well-maintained, turnkey investment.
The property features extensively remodeled interiors with modern kitchens, bathrooms, and stainless steel appliances, complemented by major system upgrades including a brand-new roof and updated electrical panels.
With a gross annual income of approximately $113,000 and a prime location near Santa Rosa Junior College and major hospitals, the asset offers stable cash flow and high tenant demand.
The inclusion of a spacious 3-bedroom, 2-bathroom unit alongside three 2-bedroom units provides unique flexibility for owner-users or investors seeking to attract a diverse tenant base.
Built in 1967, the property may require ongoing maintenance of older underlying components not addressed by recent surface-level renovations and major system updates.
The reliance on common on-site laundry facilities and carport parking rather than in-unit laundry or private garages may limit the property's competitiveness against more modern luxury developments.
Rare opportunity to own a prime townhouse-style fourplex in one of the most desirable Santa Rosa Junior College locations. The property consists of three 2-bedroom, 1.5-bath units and one spacious 3-bedroom, 2-bath unit featuring a full bedroom and full bathroom on the main level, offering added flexibility and appeal for both tenants and owner-users alike. All units have been extensively remodeled with updated flooring, modern kitchens, remodeled bathrooms, stainless steel appliances, beautiful cabinetry, and updated fixtures throughout, creating a clean and highly desirable rental product. The property also features dual-pane windows and low maintenance landscaping. The current owners have invested heavily in the exterior and major systems, including a brand new roof, recently painted gutters, upgraded PG&E wiring, and a newer electrical panel. The property generates strong in-place income with approximately $113,000 in gross annual income, making it an attractive opportunity for investors and 1031 exchange buyers seeking stable cash flow in a prime rental market. Additional features include private fenced patios, ample covered carport parking, separate on-site laundry facilities, and storage units for tenant convenience. The strong unit mix, extensive upgrades, and prime location continue to support excellent tenant demand and stable long-term income performance. Conveniently located near downtown Santa Rosa, Coddingtown Mall, Kaiser and Sutter hospitals, shopping, restaurants, transportation, and the SMART Train corridor, this is an outstanding opportunity to acquire a turnkey multifamily asset in one of Santa Rosa's strongest and most stable rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 20% |
| Baths | 0.0 | 2.0 | 40% |
| Square foot | 3,556 | 2,484 | 80% |
| Lot Size | 8,500 | 8,500 | 50% |
| Price | $1.39M | $950.0K | 80% |
| Price per sq ft | $390 | $423 | 40% |
| Built year | 1967 | 1959 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 176 | 20% |
May 29, 2026
$1,388,000
Initial Listing
Aug 15, 2017
$978,000
Public Record
Mar 31, 2006
$782,500
Public Record
Jun 13, 2002
$605,000
Public Record
Jan 25, 2002
$565,000
Public Record