Duplex with Permitted
For Sale
$1,325,000
1524 Fair Oaks Court, Santa Rosa, CA 95404
Two residences and a separate studio/flex area provide multiple living and work configurations.
Property Size2,552 SF
Price / SF$519.20
Days on Market132
Property Features for 1524 Fair Oaks Court
General Information
Standard status
Active
Size
2,552 SF
Total Parking Spaces
6
Property subtype
Multi Family Home
Site & Location
Neighborhood
Memorial Hospital
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
stainless steel appliances
luxury vinyl plank flooring
energy-efficient windows
indoor laundry facilities
Building Details
Building Size
2,552 SF
Year Built
1896
Buildings
2
Units
2
Listing Agency:
W Real Estate
(707) 591-0570
Listed By:
Pedersen Realty Group · License #01364524
(707) 756-2540
Source:
Kobetzrealty
Added: Jun 24
Changed: Nov 1
Last Checked: Oct 30 at 5:06PM
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 W Real Estate
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Investment Insights
Based on property information with market context.
This duplex property includes an approximately 1,800-square-foot main residence with 3 bedrooms and 2 bathrooms, a permitted ADU of approximately 700 square feet with 1 bedroom and 1 bathroom, and an additional approximately 450-square-foot studio/flex area. Living spaces have been remodeled, with stainless steel appliances, luxury vinyl plank flooring, updated bathrooms, energy-efficient windows, and indoor laundry in both the main residence and ADU. The property dates to 1896.
A creek borders the property, and Memorial Hospital, Downtown Santa Rosa, and Montgomery Village are nearby. Improvements also include a detached two-car garage, workshop area, and additional storage.
A creek borders the property, and Memorial Hospital, Downtown Santa Rosa, and Montgomery Village are nearby. Improvements also include a detached two-car garage, workshop area, and additional storage.
Key Highlights
- Main residence: approximately 1,800 square feet with 3 bedrooms and 2 bathrooms
- Permitted ADU: approximately 700 square feet with 1 bedroom and 1 bathroom
- Additional studio/flex area of approximately 450 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,632
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$992,640
$992.6K
Cap Rate 7%
$709,029
$709.0K
Cap Rate 9%
$551,467
$551.5K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$75.0K $29.40/SF
− Vacancy
−$4.1K −$1.62/SF
EGI
$70.9K $27.78/SF
− OpEx
−$21.3K −$8.33/SF
NOI
$49.6K $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%
$992,640
Cap Rate 7%
$709,029
Cap Rate 9%
$551,467
Alternative Uses
Best Use
Multifamily LT 5
$709.0K
$620.4K – $827.2K
NOI $49,632 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$636.8K
$557.2K – $743.0K
NOI $44,577 @ 7.0% cap · market cap 3.36%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,049
Businesses Nearby
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Business Placement
Demographics for 95404, CA
38,034
Population
16,850
Households
2.3
Avg Household Size
43
Median Age
45%
College-Educated
90%
High-School Grad
75.4 sq mi
ZIP Area
504
Density / Sq Mi
$102,802
Median Household Income
$57,388
Median Earnings
$1,890
Median Rent
$865,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences and a separate studio/flex area provide multiple living and work configurations.
Where is this duplex located?
The property is located at 1524 Fair Oaks Court Santa Rosa, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Main residence: approximately 1,800 square feet with 3 bedrooms and 2 bathrooms; Permitted ADU: approximately 700 square feet with 1 bedroom and 1 bathroom; Additional studio/flex area of approximately 450 square feet
