Separately Metered
New
For Sale
$949,000
1181 Clover Dr, Santa Rosa, CA 95401
Three detached residences each include private outdoor areas and interior laundry hookups.
Property Size2,482 SF
Days on Market5
Property Features for 1181 Clover Dr
General Information
Standard status
Active
Size
2,482 SF
Property subtype
Investment
Additional Details
Multifamily Units
3
Amenities
laundry hookups
Building Details
Building Size
2,482 SF
Year Built
1945
Units
3
Listing Agency:
Bertolone Realty
Listed By:
Joe McNeany
(707) 291-2504
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 9:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bertolone Realty
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Investment Insights
Based on property information with market context.
This triplex consists of three standalone units, each separately metered and equipped with its own front and back yard. Interior laundry hookups are provided in every unit. Two residences have new flooring and fresh interior paint, and those two are available to show. The property was built in 1945, has composition roofs reported to be 15 years old, and is connected to city services.
Restaurants, grocery shopping, and schools are within a short walk. The property has a Walk Score of 89, a Bike Score of 67, and a Transit Score of 44.
Restaurants, grocery shopping, and schools are within a short walk. The property has a Walk Score of 89, a Bike Score of 67, and a Transit Score of 44.
Key Highlights
- Three standalone units, each separately metered
- Private front and back yards for every residence
- Laundry hookups inside each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,270
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,400
$965.4K
Cap Rate 7%
$689,571
$689.6K
Cap Rate 9%
$536,333
$536.3K
Market Conditions
NOI Build-Up for 2,482 SF
Gross rent
$73.0K $29.40/SF
− Vacancy
−$4.0K −$1.62/SF
EGI
$69.0K $27.78/SF
− OpEx
−$20.7K −$8.33/SF
NOI
$48.3K $19.45/SF
Area
Santa Rosa, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,400
Cap Rate 7%
$689,571
Cap Rate 9%
$536,333
Alternative Uses
Best Use
Multifamily LT 5
$689.6K
$603.4K – $804.5K
NOI $48,270 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$619.3K
$541.9K – $722.6K
NOI $43,354 @ 7.0% cap · market cap 4.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
Explore this area
Business Placement
Demographics for 95401, CA
37,272
Population
14,281
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
80%
High-School Grad
20.9 sq mi
ZIP Area
1,783
Density / Sq Mi
$93,513
Median Household Income
$45,630
Median Earnings
$1,978
Median Rent
$628,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three detached residences each include private outdoor areas and interior laundry hookups.
Where is this triplex located?
The property is located at 1181 Clover Dr Santa Rosa, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three standalone units, each separately metered; Private front and back yards for every residence; Laundry hookups inside each unit
