151 157 Eddy Drive
Santa Rosa, CA 95407
- – beds
- – baths
- 2,912 sqft
- 13,200 sqft lot
- $329 per sqft
- 1970 build
- – on site
More homes
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 checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 4, 2025
•
MLS# 325016476 —
The Building
-
Year Built:1970
-
Year Built Source:Assessor Auto-Fill
-
Architectural Style:Ranch
-
Subtype Description:Apartments
-
Construction Materials:Ceiling Insulation, Stucco
-
Levels:One
-
Roof:Composition
-
Foundation:Slab
-
Window Features:Varies by Unit
-
Patio And Porch Features:Varies by Unit
-
Accessibility Features:None
-
Security Features:Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
-
# of Floors:1
-
# of Units Total:4
-
SqFt:2,912 Sqft
-
# of Buildings:1
-
SqFt Source:Assessor Auto-Fill
Interior
-
Flooring:Varies by Unit
Financial & Terms
-
Terms:Other
Location
-
Directions:Please use google for accurate directions.
-
Cross Street:Moorland
-
Area:Santa Rosa-Southwest
The Property
-
Property Type:Residential Income
-
Property Type:Quadruplex
-
Lot Features:Corner
-
13200Lot SqFt:
-
Lot Size Measurement:SqFt
-
Lot Size Source:Assessor Agent-Fill
-
Zoning:R3
-
0.3030Acres:
-
Exterior Features:Fenced Yard
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Assessors Parcel Number:043-182-004-000
The Listing
-
Special Listing Conditions:Offer As Is
Heating & Cooling
-
Heating:Wall Furnace
-
Cooling:None
Utilities
-
Utilities:Cable Connected, Internet Available, Natural Gas Connected, TV Antenna
-
Water Source:Shared Well, Well
-
Sewer:Public Sewer
-
Separate Meters:Common Area Meter, Electricity, Gas
Appliances
-
Appliances:Varies By Unit
-
Laundry Features:In Each Unit, Washer/Dryer Hookups, Other
The Community
-
Subdivision:Moorland Sub
-
Association:No
-
Cap Rate:8.23
-
Association:Sonoma
Parking
-
Garage Spaces:4.00
-
Total Parking Spaces:8.00
-
Parking Features:Garage, Varies by Unit
Extra Units
-
# of 2 Bedroom Units:4
-
Unit 1 Type:Apartment
-
Unit 1 Description:Tenant since 01/02/2018
-
Unit 1 Bedrooms:2
-
Unit 1 # of Rooms:4
-
Unit 1 Full Baths:1
-
Unit 1 Approx SqFt:728
-
Unit 2 Type:Apartment
-
Unit 2 Full Baths:1
-
Unit 2 Description:Tenant since 10/04/2011
-
Unit 2 Bedrooms:2
-
Unit 2 # of Rooms:4
-
Unit 2 Approx SqFt:728
-
Unit 3 Bedrooms:2
-
Unit 3 Type:Apartment
-
Unit 3 Description:Unit vacant since 02/01/2025
-
Unit 3 Full Baths:1
-
Unit 3 # of Rooms:4
-
Unit 3 Approx SqFt:728
-
Unit 4 Type:Apartment
-
Unit 4 Description:Tenant since 08/19/2016. Rent increase on 01/21/25 to $1,687. Effective on 04/01/25
-
Unit 4 Bedrooms:2
-
Unit 4 # of Rooms:4
-
Unit 4 Full Baths:1
-
Unit 4 Approx SqFt:728
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/4/25
Apr 4, 2025
|
Pending | BAREIS | $960,000 | |
|
4/4/25
Apr 4, 2025
|
Sold | BAREIS | $960,000 | 6.7% |
|
3/12/25
Mar 12, 2025
|
Sold Subject To Contingencies | BAREIS | $900,000 |
