928 Civic Center Drive, Rohnert Park, CA 94928, Rohnert Park, 94928 - 8 bed, 8 bath
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Rohnert Park, CA 94928
This Stabilized 4-Unit Investment Property represents a High-Potential Investment Opportunity with a List Price of $1,175,000—positioned well below the $1,310,279 Fair Market Value by 10%. This valuation gap provides $135,279 in Instant Equity for the incoming owner. Featuring a Good Condition Rating, the asset consists of four upgraded townhome-style units with private fenced backyards and individual garages. Located near Sonoma State University and the SMART station, the property benefits from high rental demand and operational efficiency. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 928 Civic Center Drive Subject | $1,100,000 | 8 | 8 | 3,584 | $366 | - |
A 6440 Country Club Drive Sold | $1,150,000 | 8 | 4 | 3,292 | $349 | 0.1 mi |
B 226 Arlen Drive Active | $1,100,000 List Price | 8 | 5 | 3,558 | $309 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1976, the property features upgraded townhome-style units that are move-in ready and well-maintained. The interior upgrades to the kitchens and flooring, combined with functional systems and a stabilized rental status, align with the 'good' condition criteria for an investment asset of this age.
The property consists of four townhome-style units featuring 2 bedrooms, 1.5 baths, and private fenced backyards, which are highly sought after by long-term tenants compared to traditional apartments.
Located in a high-demand rental market near Sonoma State University, the SMART station, and major shopping centers, ensuring a consistent tenant pool and low vacancy rates.
The inclusion of separate electric meters, four individual 1-car garages, and an on-site laundry room simplifies management and reduces owner-paid utility expenses.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
Built in 1976, the structure may require ongoing capital expenditures for aging systems and infrastructure despite recent cosmetic upgrades.
The property remained on the market for 105 days and ultimately sold for $75,000 below the asking price, indicating potential pricing resistance or specific buyer concerns during the sale process.
Excellent 4-Unit investment property located in the coveted rental market of Rohnert Park, CA. Comprised of four spacious 2-bedroom, 1.5-bath townhome-style units, this highly desirable investment property features upgraded units, four 1-car garages, an on-site laundry room, private fenced backyards and separate electric meters. This fourplex has easy freeway access and is minutes away from the SMART station, supermarkets, schools, restaurants and other amenities. The property is also near Sonoma State University, Graton Casino and Spreckels Performing Arts Center. Don't miss this opportunity to acquire a fully stabilized asset producing great cash flow in a highly desirable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 8.0 | 50% |
| Baths | 8.0 | 6.0 | 50% |
| Square foot | 3,584 | 3,438 | 50% |
| Lot Size | 7,600 | 7,600 | 50% |
| Price | $1.10M | $1.12M | 50% |
| Price per sq ft | $307 | $328 | 50% |
| Built year | 1976 | 1975 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 247 | 247 | 75% |
Dec 1, 2025
$1,100,000
Public Record
Oct 27, 2016
$1,000,000
Public Record
Jun 27, 2016
$597,500
Public Record