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4040 Alexander David Ct 4 Unit Apartment Building $1,575,000 ($393,750/Unit) 5.82% Cap Rate Larkfield, CA 95403
INVESTMENT HIGHLIGHTS
- 100% occupancy
- Located in Larkfield-Wikiup area
- 4 units
EXECUTIVE SUMMARY
Presenting a contemporary, well-appointed four-unit building. Each unit thoughtfully designed with modern finishes, private outdoor spaces, and in-unit laundry. This 2017 built quadplex spans 3,704 sq ft on a generous 0.34-acre lot. Occupants enjoy seamless access to Highway 101, Sutter Hospital, and nearby retail and dining that enhance tenant satisfaction. The property includes parking for up to 10 vehicles and is managed under a modest monthly HOA of $156. A rare find for investors seeking turnkey, strong-yield potential in Santa Rosa’s thriving rental market.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,575,000 | Apartment Style | Low-Rise |
| Price Per Unit | $393,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 5.82% | Building Size | 3,704 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2017 |
| Zoning | R-2 - R-2 | ||
| Price | $1,575,000 |
| Price Per Unit | $393,750 |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 3,704 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2017 |
| Zoning | R-2 - R-2 |
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PROPERTY TAXES
| Parcel Number | 058-171-072 | Improvements Assessment | $913,192 (2025) |
| Land Assessment | $328,093 (2025) | Total Assessment | $1,241,285 (2025) |
PROPERTY TAXES
Parcel Number
058-171-072
Land Assessment
$328,093 (2025)
Improvements Assessment
$913,192 (2025)
Total Assessment
$1,241,285 (2025)
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4040 Alexander David Ct
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