
Santa Rosa, CA 95404
This 1936 Craftsman fourplex represents a Strong Value Opportunity, listed at $995,000—positioned well below the $1,083,668 Fair Market Value by 8%. This valuation gap provides $88,668 in Instant Equity for the next owner. While the property maintains a Fair Condition Rating due to the age of its mechanical systems, it features significant structural upgrades, including seismic retrofitting and a concrete foundation. This is an ideal acquisition for Buy-and-Hold Investors or first-time investors seeking stable, long-term cash flow in a prime downtown location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 625 Humboldt Street Subject | $995,000* List Price | 0 | 0 | 2,646 | $410 | - |
A 838 Wheeler Street Sold | $1,050,000 | 6 | 0 | 2,484 | $423 | 0.9 mi |
B 418 Humboldt Street Active | $1,198,000 List Price | 4 | 4 | 2,802 | $428 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936, this property is exceptionally well-maintained but falls into the 'Fair' category due to the age of its major systems. The electrical and plumbing updates date back to the late 1980s (>35 years ago), which exceeds the 30-year threshold for modern system reliability. While the interior features original hardwood charm and the roof is serviceable, the kitchens and bathrooms are dated and the mechanical systems are nearing the end of their typical life cycle.
This 1936 Craftsman fourplex features original hardwood floors and period details while benefiting from significant structural updates, including seismic retrofitting, a 1950s concrete foundation, and updated electrical and plumbing systems.
Located just blocks from downtown Santa Rosa, the property offers tenants immediate access to premier Sonoma County dining, shopping, and entertainment, ensuring high rental demand and long-term desirability.
With a roof in good serviceable condition, low-maintenance irrigated landscaping, and app-based laundry facilities, the property is positioned to provide secure cash flow with relatively low immediate capital expenditure.
The unit mix is weighted toward smaller spaces, including a studio and two 1-bedroom units, which may limit the tenant pool to individuals or couples and cap the total rental income potential compared to larger multi-bedroom units.
The 4,199 square foot lot is relatively small for a four-unit residential income property, which likely results in limited on-site parking and minimal private outdoor space for the residents.
625 Humboldt Street is a beautiful, well-maintained craftsman fourplex that has been owned by the same family for three generations. The building showcases gorgeous, original hardwood floors and retains many period details, like classic craftsman trim and a grand front door with embedded glass panes. The units consist of (one) studio, (two) one-bedroom units, and (one) two-bedroom unit. There is a basement with tenant storage and leased laundry machines that allow tenants to pay using an app on their phone. The basement also showcases the building's solid construction - the framing appears to be old growth redwood and a substantial concrete foundation was added in the 1950's when the building was moved a few feet south due to the widening of College Avenue. In the late 1980's the owners added a new electrical main panel and subpanels and rewired most of the building. They also updated most of the plumbing throughout the building. Soon thereafter, they completed seismic retrofit work consisting of bolting the sill plate to the concrete foundation, adding sheer wall, and bracing joists to posts. A recent roof inspection describes the roof as being in good serviceable condition. The property has attractive, yet simple landscaping that is on an irrigation system and is relatively low maintenance. Tenants are attracted to the property's uniquely appealing charm - these are not boring, cookie cutter units, they are one-of-a-kind apartments with classic features and updated systems. And of course, the location, mere blocks from downtown Santa Rosa, offers immediate access to the best of Sonoma County cuisine, entertainment, and shopping. 625 Humboldt will be equally attractive to seasoned investors and first-time investors due to its impeccable condition, location, and charm. The next owner should be able to count on long-term, secure cashflow, with relatively low maintenance at a very fair entry price.
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 | 2,646 | - |
| Lot Size | 4,199 | - |
| Price | $995.0K | $798.2K |
| Price per sq ft | $376 | $432 |
| Built year | 1936 | 0 |
| HOA | $0 | $0 |
| Days on market | 66 | 74 |
May 18, 2026
$995,000
Initial Listing