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    Four-Unit Craftsman Cottage Title is generated by Realmo AI

    15995 Palo Alto Drive, Guerneville, CA 95446

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    Claim this Listing
    New
    For Sale
    $249,000

    MULTI_FAMILY - Guerneville, CA

    Property size:
    1,620 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $153/SF
    Added:
    Jun 18, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 19 at 2:06 pm

    Property Features for 15995 Palo Alto Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    4
    Rooms
    Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 4
    Parking
    4
    Standard status
    Active
    APN
    070070004000
    Size
    1,620 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1911
    Floors in Building
    2
    Number of units
    4

    We can help!

    Listing Contact
    Jacq W Kepler

    Listing agent Jacq W Kepler

    Listing office Berkshire Hathaway Home Services Sonoma County Properties 16315 Main Street, Guerneville, CA

    Listing date Jun 18, 2026

    MLS# 326033279 Listing URL

    Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1911 vernacular Craftsman cottage with hipped roofline and traditional wood‑frame construction
    • Connected to public sewer
    • Contractor special described as 4 units
    • Room layout includes 3 bedrooms and 4 bathrooms

    Overview

    This 1911 vernacular craftsman cottage offers a four-unit residential setup within a traditional wood-frame structure. The building features a hipped roofline and preserves original rustic styling consistent with early Russian River resort-era architecture.

    Situated at 15995 Palo Alto Dr. in Guerneville, California, the property is described as nestled in the redwoods. The offering consists of a single small-lot asset with an overall property size of 1,620 square feet.

    For buyers seeking a small multi-family investment, the key advantage here is the existing four-unit configuration in a single building with period construction details. Its compact size may appeal to owners looking for hands-on management while maintaining a straightforward property footprint. The craftsman exterior character and long-established building form provide a distinct residential product within the Guerneville market.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $19.8k $12.24
    − Vacancy −$1.2k −$0.74
    EGI $18.6k $11.50
    − OpEx −$5.6k −$3.45
    NOI $13.0k $8.05
    1,620 SF · lease $12.24/SF/yr · vacancy 6.08% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $186.2K
    $163.0K – $217.3K (±1% cap)
    NOI $13,036 @ 7.0% cap · market cap 5.24%
    Second Best
    Apartment 5plus
    $171.6K
    $150.1K – $200.2K (±1% cap)
    NOI $12,009 @ 7.0% cap · market cap 4.82%
    Theoretical Best
    Specialty Retail
    $439.0K
    $384.1K – $512.2K (±1% cap)
    NOI $30,729 @ 7.0% cap · market cap 12.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Guerneville
    County
    Sonoma
    State
    California
    Longitude
    -122.995316
    Latitude
    38.503189

    FAQs

    What type of property is this?
    Quadplex - Four-unit residential income property in Guerneville, set among redwoods with classic 1911 craftsman character.
    Where is this quadplex located?
    The property is located at 15995 Palo Alto Drive Guerneville, CA.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: 1911 vernacular Craftsman cottage with hipped roofline and traditional wood‑frame construction; Connected to public sewer; Contractor special described as 4 units
    More about this property
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