950 Santa Alicia Drive, Rohnert Park, CA 94928, Rohnert Park, 94928 - 8 bed, 6 bath
950 Santa Alicia Drive
Rohnert Park, CA 94928
Property Price
SUMMARY
Analysis of 950 Santa Alicia Drive, Rohnert Park, CA 94928 is currently available with a list price of $995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained 1971 4-plex that has undergone recent updates to remain move-in ready and turnkey. Units feature newer flooring, updated finishes and fixtures, and energy-efficient appliances. While the building's infrastructure is aged, the interior improvements and consistent maintenance of the common areas and parking facilities meet the criteria for a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment
The property is fully occupied and income-generating, offering immediate cash flow for investors without the need for initial tenant placement or vacancy periods.
- Strategic Location
Proximity to Sonoma State University and easy access to Highway 101 ensures a consistent and high demand for rental units in a desirable Rohnert Park neighborhood.
- Recent Capital Improvements
Units feature modern updates including new finishes, flooring, and energy-efficient appliances, which helps command market rents and reduces immediate maintenance requirements.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $775 monthly association fee is a significant recurring expense that impacts the net operating income and overall capitalization rate for the investor.
- Aging Infrastructure
Built in 1971, the property may require ongoing maintenance or future upgrades to major systems like plumbing and electrical that are typical for buildings of this vintage.
About 950 Santa Alicia Drive
Investor Opportunity Alert! Welcome to this well-maintained multi-unit 4-plex building complex comprised of 8 bedrooms, 5 baths boasting 3,558 sq ft of living space on a generous .24-acre lot. Great layouts of 2- 2 bd/1bath single story units, 1- 2 bd/1.5 bath single story and 1- 2 bd/ 1.5 bath upstairs 2nd story unit. Units vary, enjoying updates including new finishes and fixtures, flooring, and energy efficient appliances. 4-Single stall Carport and additional storage closet for each unit and additional parking in the large parking lot. Shared laundry room with coin-operated appliances offers additional income. The Rohnert Parkside community HOA consists of twelve, 4-plexes. Monthly fees cover costs for landscaping service, tree maintenance, garbage, parking area, common area, insurance and management. Conveniently located in Rohnert Park near schools, parks, and easy access to 101 & SSU. Make this fully occupied income generating property your next prize in your portfolio.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1971
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $775 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 8.0 | 50% |
| Baths | 6.0 | 5.0 | 50% |
| Square foot | 3,558 | 3,425 | 50% |
| Lot Size | 10,454 | 7,701 | 75% |
| Price | $995.0K | $1.12M | 25% |
| Price per sq ft | $280 | $328 | 25% |
| Built year | 1971 | 1974 | 25% |
| HOA | $775 | $0 | 75% |
| Days on market | 176 | 189 | 50% |
Pricing History
Listed for Sale
Sep 12, 2025
$995,000
Initial Listing