7488 Bridgit Drive, Rohnert Park, CA 94928, Rohnert Park, 94928 - 0 bed, 0 bath
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Rohnert Park, CA 94928
Analysis of 7488 Bridgit Drive, Rohnert Park, CA 94928 is currently available with a list price of $1,730,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rohnert Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
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.
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.
The property features a new roof and updated electrical panels, addressing major infrastructure needs and reducing the immediate requirement for significant capital expenditures.
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.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5792, other record living area = 2896.
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.
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.
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.
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 | 5,792 | - |
| Lot Size | 17,550 | - |
| Price | $1.73M | $1.15M |
| Price per sq ft | $299 | $349 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 105 |
Jun 5, 2026
$1,730,000
Initial Listing
Oct 16, 2006
$1,100,000
Public Record
Mar 25, 1998
$475,000
Public Record