2-Unit Duplex with Attached
2723 Victoria Drive, Santa Rosa, CA 95407
For Sale
$595,000
Each residence has a private yard, and long-term tenants are in place.
Property Size1,500 SF
Lot Size0.23 Acres
Price / SF$396.67
Days on Market54
Property Features for 2723 Victoria Drive
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Listing Agency:
Corcoran Icon Properties
(415) 266-3100
Listed By:
David Kerr · License CA #01256761
(707) 933-7020
Source:
Somorealty
Added: Sep 18
Changed: Nov 9
Last Checked: Nov 9 at 9:52AM
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 Corcoran Icon Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2-unit duplex in Santa Rosa was built in 1960. Each residence has two bedrooms, one bathroom, a private yard, and an attached garage. The property includes 1,500 square feet of building area on a 9,900-square-foot lot.
The site is in southwest Santa Rosa, with shopping, schools, and commuter routes nearby. Both units are occupied by long-term tenants.
The site is in southwest Santa Rosa, with shopping, schools, and commuter routes nearby. Both units are occupied by long-term tenants.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Each residence includes a private yard and attached garage
- 1,500 square feet of building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,172
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,440
$583.4K
Cap Rate 7%
$416,743
$416.7K
Cap Rate 9%
$324,133
$324.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$44.1K $29.40/SF
− Vacancy
−$2.4K −$1.62/SF
EGI
$41.7K $27.78/SF
− OpEx
−$12.5K −$8.33/SF
NOI
$29.2K $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%
$583,440
Cap Rate 7%
$416,743
Cap Rate 9%
$324,133
Alternative Uses
Best Use
Multifamily LT 5
$416.7K
$364.7K – $486.2K
NOI $29,172 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$374.3K
$327.5K – $436.7K
NOI $26,201 @ 7.0% cap · market cap 4.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 95407, CA
42,504
Population
13,371
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
73%
High-School Grad
21.6 sq mi
ZIP Area
1,968
Density / Sq Mi
$82,807
Median Household Income
$40,907
Median Earnings
$1,822
Median Rent
$603,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Sonoma County, CA
Properties on Market for Duplexes in Sonoma County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private yard, and long-term tenants are in place.
Where is this duplex located?
The property is located at 2723 Victoria Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Each residence includes a private yard and attached garage; 1,500 square feet of building area
