7488 Bridgit Drive, Rohnert Park, CA 94928, Rohnert Park, 94928 - 0 bed, 0 bath
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7488 Bridgit Drive
Rohnert Park, CA 94928
ACTIVE
CONDITION: FAIR
0Beds
0Baths
5,792Sq Ft
17,550Lot Size
Property Price
LIST PRICE$1,690,000
SUMMARY
A well-maintained Rohnert Park investment with strong and experienced management already in place. Eight units across two buildings on a large .4-acre lot, with a highly rentable mix of five 2bd/1ba and three 1 bd/1ba. All units are currently occupied at below-market rents, leaving room to grow income over time. Recent capital improvements include a new roof and new electrical panels, making this a well-maintained asset with the heavy lifting already complete. Covered carport parking for each unit along with on-site laundry adds to tenant appeal and generates additional income. Situated just off Hwy 101 between Cotati and Rohnert Park, less than five minutes from Sonoma State University. A stabilized property with meaningful upside.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the property is 51 years old and the interiors (kitchen/flooring) are significantly dated and original, it is rated 'fair' due to recent critical system updates including a new roof and new electrical panels. The structure is well-maintained and functional, though it requires cosmetic modernization to reach market potential.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Income Upside
With all eight units currently occupied at below-market rents, there is a substantial opportunity for a new owner to increase gross income and enhance the property's value through strategic rent adjustments.
- Recent Capital Improvements
The property features a new roof and updated electrical panels, addressing major infrastructure needs and reducing the immediate requirement for significant capital expenditures.
- Prime Rental Location
Situated less than five minutes from Sonoma State University and near Highway 101, the property is ideally located to maintain high occupancy rates from a steady pool of students and commuters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5792, other record living area = 2896.
- Vintage Construction
Built in 1973, the property may require ongoing maintenance of older systems and potential interior cosmetic updates to remain competitive with newer rental inventory in the area.
- Initial Yield Constraints
Because the asset is currently stabilized with below-market leases, the immediate cash-on-cash return may be lower until turnovers or legal rent increases allow for market-rate optimization.
About 7488 Bridgit Drive
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1973
- Lot Size
- 17,550 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 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 5,792 | 3,600 |
| Lot Size | 17,550 | 8,050 |
| Price | $1.69M | $1.08M |
| Price per sq ft | $292 | $300 |
| Built year | 1973 | 1973 |
| HOA | $0 | $0 |
| Days on market | 141 | 38 |
Pricing History
Listed for Sale
Aug 1, 2026
$1,690,000
$1,730,000
-2% Price Drop
Initial Listing
Price Change
Jun 5, 2026
$1,730,000
Initial Listing
Sold
Oct 16, 2006
$1,100,000
Public Record
Sold
Mar 25, 1998
$475,000
Public Record