Quadplex Cottage
15995 Palo Alto Drive Guerneville, CA 95446
New
For Sale
$249,000
MULTI_FAMILY - Guerneville, CA
Property Size1,620 SF
Lot Size0.13 Acres
Price / SF$153.70
Days on Market5
Property Features for 15995 Palo Alto Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
3
Bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3
Parking
4
Parking features
Off Street
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
Listing Agency:
Berkshire Hathaway Home Services Sonoma County Properties
(707) 869-9011
Listed By:
Jacq W Kepler
(707) 867-5022
Added: Jul 25
Changed: Jul 28
Last Checked: Jul 29 at 4:06AM
MLS# 326063885
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.
Investment Insights
Based on property information with market context.
This quadplex-style residential income property features four units within a classic cottage setting in the redwoods. The listing notes the property is a major fixer, making it well-suited for contractors or investors seeking a value-add project.
The property is located at 15995 Palo Alto Drive in Guerneville, within Sonoma County, California. The site is listed at 0.1263 acres and the total property size is 1,620 square feet.
As currently presented, the offering is focused on the existing four-unit configuration and the need for substantial improvements. All prospective buyers should plan to verify condition, layout details, and unit readiness during due diligence.
The property is located at 15995 Palo Alto Drive in Guerneville, within Sonoma County, California. The site is listed at 0.1263 acres and the total property size is 1,620 square feet.
As currently presented, the offering is focused on the existing four-unit configuration and the need for substantial improvements. All prospective buyers should plan to verify condition, layout details, and unit readiness during due diligence.
Key Highlights
- 4‑unit property with a classic cottage design
- Major fixer/contractors special per listing remarks
- Built in 1911
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
NOI $13,036 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$171.6K
$150.1K – $200.2K
NOI $12,009 @ 7.0% cap · market cap 4.82%
Theoretical Best
Specialty Retail
$439.0K
$384.1K – $512.2K
NOI $30,729 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential income property in Guerneville with significant renovation needs.
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: 4‑unit property with a classic cottage design; Major fixer/contractors special per listing remarks; Built in 1911
