$960,000
SOLD APR 4, 2025

151 Eddy Dr Santa Rosa, CA 95407

8 Beds
10 Baths
2,912 Sq Ft
0.3 Acres

Recently Sold

$330 Per Sq Ft

7% Above List Price

35 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • 4 Car Garage

About This Home

As of April 2025

This single-story, four-unit apartment building features two-bedroom, one-bath units, each with its own spacious backyard and front patio courtyard. Situated on a corner lot, the property offers added privacy. Every unit includes a one-car garage with washer and dryer hookups, and two units provide direct interior access. Long-term tenants currently pay below-market rents, projected to generate over $93K(+/-) in annual gross income. With minimal operating expenses, the property's projected net operating income is expected to exceed $74K(+/-) per year, yielding an impressive cap rate of over 8%(+/-). One move-in ready unit is vacant until the saleideal for owner-occupant buyers looking to secure both a home and an investment property. The property is connected to a public sewer and currently uses a shared well, but it has been approved for annexation into the City of Santa Rosa for public water. Priced at just $225,000 per unit, this offering presents an exceptional investment opportunity for both investors and first-time buyers alike.

Last Agent to Sell the Property

Aaron Pardo

Compass License #02075596

Compass

Last Buyer's Agent

Niteen Sharma

Matrix Real Estate License #01322352

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1970

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Ceiling Insulation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Wall Furnace
  • Natural Gas Connected
  • Individual Gas Meter
  • Shared Well
  • Well
  • Internet Available
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 043-182-004-000

Community Details

Overview

  • 4 Units
  • Moorland Sub Subdivision

Building Details

  • Gross Income $93,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,240

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Please use google for accurate directions.
  • Lot Size Acres: 0.3030
  • CapRate: 8.23
  • Levels: One
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Varies By Unit
  • Accessibility Features: None
  • Flooring: Varies By Unit
  • Square Footage: 2912.00
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Ceiling Insulation, Stucco
  • Foundation: Slab
  • Lot Features: Corner
  • Property Condition: Varies By Unit
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard
  • Patio And Porch Features: Varies By Unit

Garage/Parking

  • Parking Features: Garage, Varies By Unit
  • Total Parking Spaces: 8.00
  • Garage Spaces: 4.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Internet Available, Natural Gas Connected, TV Antenna
  • Water Source: Shared Well, Well
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, Other
  • Separate Meters: Common Area Meter, Electricity, Gas

Lot Info

  • Assessor Parcel Number: 043-182-004-000
  • Lot Size Sq Ft: 13200.00

Rental Info

  • TenantPays: Electricity, Gas, Trash Collection

Building Info

  • Year Built: 1970

Multi Family

  • 1 Bedroom Rent Range: Consult a property management company.
  • Two Bedroom Rent Range: Consult a property management company.
  • Three Bedroom Rent Range: Consult a property management company.
  • Four Bedroom Rent Range: Consult a property management company.
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 4
  • NumberOfUnitsTotal: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $960,000 +6.7% $330 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $900,000 -- $309 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,240 $341,069 $176,573 $164,496
2022 $6,990 $334,382 $173,111 $161,271
2021 $6,840 $327,826 $169,717 $158,109
2020 $6,776 $324,465 $167,977 $156,488
2019 $6,769 $318,104 $164,684 $153,420
2018 $6,745 $311,867 $161,455 $150,412
2017 $6,769 $305,753 $158,290 $147,463
2016 $6,618 $299,759 $155,187 $144,572
2015 -- $295,257 $152,856 $142,401
2014 -- $289,474 $149,862 $139,612
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $768,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $960,000 Cornerstone Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- California Land Title Compan
Grant Deed -- --
Deed $230,000 --
Source: Public Records

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325016476

Bay Area Real Estate Information Services (BAREIS)

APN: 043-182-004