Two-Unit Duplex with Covered
700 Oak Street, Santa Rosa, CA 95404
For Sale
New
$689,000
Two separate fenced yards give each residence its own outdoor space.
Property Size1,480 SF
Price / SF$465.54
Days on Market2
Property Features for 700 Oak Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Amenities
covered porches
fenced yards
Building Details
Year Built
Listing Agency:
Eleda Carlson, Pine Mtn Lake Realty
Listed By:
The Jamison Team
(408) 465-4899
Source:
Tuscanaproperties
Added: Nov 10
Last Checked: Nov 10 at 2:47PM
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 Eleda Carlson, Pine Mtn Lake Realty
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Investment Insights
Based on property information with market context.
This 1946 duplex contains two residences totaling 1,480 square feet. One unit has two bedrooms and one bathroom; the other has one bedroom and one bathroom. Both cottages feature covered porches, and each has a separate fenced yard. The property is on a corner lot in Santa Rosa’s Luther Burbank historic neighborhood.
A neighborhood mix of bakeries, restaurants, cafes, shops, and a park is two blocks away. The property also has access to Highway 101 and downtown Santa Rosa.
A neighborhood mix of bakeries, restaurants, cafes, shops, and a park is two blocks away. The property also has access to Highway 101 and downtown Santa Rosa.
Key Highlights
- Two residences: one with 2 bedrooms and 1 bathroom, the other with 1 bedroom and 1 bathroom
- 1,480‑square‑foot duplex built in 1946
- Separate fenced yard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,783
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,660
$575.7K
Cap Rate 7%
$411,186
$411.2K
Cap Rate 9%
$319,811
$319.8K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$43.5K $29.40/SF
− Vacancy
−$2.4K −$1.62/SF
EGI
$41.1K $27.78/SF
− OpEx
−$12.3K −$8.33/SF
NOI
$28.8K $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%
$575,660
Cap Rate 7%
$411,186
Cap Rate 9%
$319,811
Alternative Uses
Best Use
Multifamily LT 5
$411.2K
$359.8K – $479.7K
NOI $28,783 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$369.3K
$323.2K – $430.9K
NOI $25,852 @ 7.0% cap · market cap 3.75%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,027
Businesses Nearby
Explore this area
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
$865,900
Median Home Value
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Market
Average Price Trend$/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 - Two separate fenced yards give each residence its own outdoor space.
Where is this duplex located?
The property is located at 700 Oak Street Santa Rosa, CA.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Two residences: one with 2 bedrooms and 1 bathroom, the other with 1 bedroom and 1 bathroom; 1,480‑square‑foot duplex built in 1946; Separate fenced yard for each unit
