Quadplex with Coin-Operated
For Sale
$1,050,000
1325 Edwards Avenue, Santa Rosa, CA 95401
Four-unit residential property with an enclosed patio, mixed lease terms, and proximity to shopping and public transportation.
Property Size3,720 SF
Price / SF$282.26
Days on Market41
Property Features for 1325 Edwards Avenue
General Information
Standard status
Active
Size
3,720 SF
Property subtype
Multi-Family
Building Details
Year Built
1968
Listing Agency:
Navigate Real Estate
Listed By:
Louise E Rex · License #B415282
Source:
Showcaseproperties
Added: Jul 22
Changed: Aug 29
Last Checked: Aug 29 at 10:43AM
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 Navigate Real Estate
Investment Insights
Based on property information with market context.
Built in 1968, this Santa Rosa quadplex contains three two-bedroom, one-bath units and a larger two-bedroom, one-and-a-half-bath unit designated as the owner's residence. The owner's unit includes an enclosed patio, while all four units have received updates over time. Two apartments are occupied by month-to-month tenants, and two carry annual leases; the latter were leased within the past two years following interior painting and newer flooring. A coin-operated laundry room with an owned washer and dryer serves the property.
The property is located near Coddingtown Mall, Whole Foods, shopping, restaurants, and public transportation, including the SMART train. Its unit mix, enclosed patio, laundry facility, and combination of lease arrangements provide a range of existing residential features for an owner-occupant or rental property buyer.
The property is located near Coddingtown Mall, Whole Foods, shopping, restaurants, and public transportation, including the SMART train. Its unit mix, enclosed patio, laundry facility, and combination of lease arrangements provide a range of existing residential features for an owner-occupant or rental property buyer.
Key Highlights
- Four‑unit property with three two‑bedroom, one‑bath units and one two‑bedroom, one‑and‑a‑half‑bath owner's unit
- Owner's unit includes a spacious enclosed patio
- Coin‑operated laundry room with owned washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,347
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,446,940
$1.4M
Cap Rate 7%
$1,033,529
$1.0M
Cap Rate 9%
$803,856
$803.9K
Market Conditions
NOI Build-Up for 3,720 SF
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.
Gross rent
$109.4K $29.40/SF
− Vacancy
−$6.0K −$1.62/SF
EGI
$103.4K $27.78/SF
− OpEx
−$31.0K −$8.33/SF
NOI
$72.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,446,940
Cap Rate 7%
$1,033,529
Cap Rate 9%
$803,856
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$904.3K – $1.21M
NOI $72,347 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$928.3K
$812.2K – $1.08M
NOI $64,978 @ 7.0% cap · market cap 6.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,691
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with an enclosed patio, mixed lease terms, and proximity to shopping and public transportation.
Where is this quadplex located?
The property is located at 1325 Edwards Avenue Santa Rosa, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four‑unit property with three two‑bedroom, one‑bath units and one two‑bedroom, one‑and‑a‑half‑bath owner's unit; Owner's unit includes a spacious enclosed patio; Coin‑operated laundry room with owned washer and dryer
