The subject property provides an incredible opportunity for investors to own a 1980s vintage fourplex on a tree lined street in the heart of Sonoma wine country. Given the year of construction, it has withstood the test of time and is in very good shape. Each unit boasts private balconies, backyards, in-unit washer/dryer units and enclosed garages- a set of amenities that retains tenants for the long term and competes very well in the rental marketplace. Furthermore, the townhouse style units offer a comfortable living experience that is superior to flat-style apartments in the area. At a current 4.83% cap rate, the cashflow is relatively high with significant upside to be realized with higher rents, as well as eliminating water expenses by billing tenants for water. Shopping and supermarkets, highways and freeways, as well as local schools and bus stops are in close proximity to the property. Download Offering Memorandum Here: https://www. redwoodpropertyco.com/1777-1783w3rd
Multi-familyProperty Type
1984Year Built
0.28 acresLot Size
$335Est. Price/Sq.Ft.
4 car garageParking
Listed by Nick Oliver•DRE #02133612• Redwood Property Company
Contact: 831-275-0025
Bought with Michael Johnston•DRE #01370461• Compass
Fourplex in prime location conveniently located in Santa Rosa. Excellent opportunity for those seeking an investment or an owner occupied unit with additional rental income. Charming and renovated all homes offer 2 bedrooms and 1 and 1/2 baths. Nicely updated with stainless appliances, granite counter tops and dcor flooring. Cozy up to the fireplace, or relax with a cup of coffee on the balcony enjoying the sunset on this tree lined street. Plenty of storage and parking with your one car garage plus additional onsite spaces. Outside offers a perfect common area for fun on the lawn, picnics, a game of catch and more. Enjoy entertaining with your private your own patio perfect BBQ's. This property is close to everything with excellent shops, restaurants and more. A must see.
Public Records
Jul 14, 2015
Sold
$670,000
$169/sq ft
BAREIS #21108526
Aug 29, 2011
Delisted
—
Mar 31, 2011
Listed
*
Public Records
Feb 14, 2002
Sold
$599,000
$151/sq ft
Public Records
Jul 16, 1999
Sold
$400,000
$101/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$15,577 (+4.2%)
$403,259 + $939,169
$1,342,428
2024
$14,950 (+1.7%)
$395,352 + $920,754
$1,316,106
2023
$14,707 (+12.3%)
$387,600 + $902,700
$1,290,300
2022
$13,092 (+55.7%)
$380,000 + $885,000
$1,265,000
2021
$8,409 (+0.4%)
$500,000 + $650,000
$1,150,000
2020
$8,377 (+0.9%)
$293,096 + $439,644
$732,740
2019
$8,302 (+0.8%)
$290,091 + $435,136
$725,227
2018
$8,240 (+2.1%)
$284,403 + $426,604
$711,007
2017
$8,072 (+15.7%)
$273,360 + $410,040
$683,400
2015
$6,979 (+11.6%)
$268,000 + $402,000
$670,000
2014
$6,251 (+8.5%)
$113,000 + $427,000
$540,000
2013
$5,763 (−0.8%)
$113,000 + $427,000
$540,000
2012
$5,812 (+3.1%)
$104,000 + $394,000
$498,000
2011
$5,639 (+9.5%)
$104,000 + $394,000
$498,000
2010
$5,150 (−4.2%)
$104,000 + $394,000
$498,000
2009
$5,373 (−28.2%)
$97,000 + $369,000
$466,000
2007
$7,479
$140,588 + $533,119
$673,707
Tax history for 1777 W 3rd St
Year
Property tax
Land + Additions
Assessment*
2025
$15,577 (+4.2%)
$403,259 + $939,169
$1,342,428
2024
$14,950 (+1.7%)
$395,352 + $920,754
$1,316,106
2023
$14,707 (+12.3%)
$387,600 + $902,700
$1,290,300
2022
$13,092 (+55.7%)
$380,000 + $885,000
$1,265,000
2021
$8,409 (+0.4%)
$500,000 + $650,000
$1,150,000
2020
$8,377 (+0.9%)
$293,096 + $439,644
$732,740
2019
$8,302 (+0.8%)
$290,091 + $435,136
$725,227
2018
$8,240 (+2.1%)
$284,403 + $426,604
$711,007
2017
$8,072 (+15.7%)
$273,360 + $410,040
$683,400
2015
$6,979 (+11.6%)
$268,000 + $402,000
$670,000
2014
$6,251 (+8.5%)
$113,000 + $427,000
$540,000
2013
$5,763 (−0.8%)
$113,000 + $427,000
$540,000
2012
$5,812 (+3.1%)
$104,000 + $394,000
$498,000
2011
$5,639 (+9.5%)
$104,000 + $394,000
$498,000
2010
$5,150 (−4.2%)
$104,000 + $394,000
$498,000
2009
$5,373 (−28.2%)
$97,000 + $369,000
$466,000
2007
$7,479
$140,588 + $533,119
$673,707
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
8
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1985
Sq. Ft.
3,968
Year built
1984
Style
Multi-Family (2-4 Unit)
County
Sonoma County
APN
146140028000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
Apr 9, 2018 • Final
Residential addition-alteration
Remove existing composition shingles and install new Class A composition shingles on a multi-family residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Description: Detached
Garage Spaces: 4
Parking Spaces: 2
Interior
Virtual Tour
Heating & Cooling Information
Heating: Wall Furnace
Multi-Unit Information
# of Stories: 2
# of Units in Building (Total): 4
Annual Rental Income: $103,926
Annual Gross Income: $103,926
Gross Rent Multiplier: 12.46
Gross Scheduled Income: $103,926
Other Expenses: $15,000
Total Expenses: $41,281
Unit Type 1 Information
# of Bedrooms: 2
# of Baths (Full): 1
# of Baths (1/2): 1
Approx Sq. Ft.: 992
Rent: $2,200
Unit Type 2 Information
# of Bedrooms: 2
# of Baths (Full): 1
# of Baths (1/2): 1
Approx Sq. Ft.: 992
Rent: $2,081
Unit Type 3 Information
# of Bedrooms: 2
# of Baths (Full): 1
# of Baths (1/2): 1
Approx Sq. Ft.: 992
Rent: $2,190
Unit Type 4 Information
# of Bedrooms: 2
# of Baths (Full): 1
# of Baths (1/2): 1
Approx Sq. Ft.: 992
Rent: $2,190
Exterior
Exterior Features
Roof: Shingle
Building Information
# of Buildings: 2
Subclass: Fourplex
Construction Type: Wood Frame
Other
Property Features
Living Sq. Ft.: 3,968
Property Information
Property Primary ID: 681624
Lot Information
Lot Acres: 0.28
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: CITYSR
Financial
Tax/Assessment Information
Annual Tax Amount: $15,540
Utilities
Utility Information
Meters: Separate Electric, Separate Gas, Separate Water
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Utility Expenses: $6,242
Water Information
Water: Public
Location
HOA Information
Has HOA
HOA Fee: $1,250
School Information
Elementary School District: Wright Elementary
High School District: Santa Rosa High
Public facts
Beds: 8
Baths: 6.0
Sq. Ft.: 3,968
Stories: 2.0
Lot Size: 0.28 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: 1985
County: Sonoma County
APN: 146140028000
Home facts updated by county records on Aug 13, 2026
Around this home
Schools
J. X. Wilson Elementary School
Public K-6 • Assigned • 0.1mi
5/10
Hilliard Comstock Middle School
Public 7-8 • Assigned • 1.5mi
1/10
Elsie Allen High School
Public 9-12 • Assigned • 2.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
15 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Santa Rosa, CA • 95401
Average low and high temperatures (°F)
63
39
64
42
71
45
69
46
76
50
78
52
77
53
85
53
83
54
79
49
65
44
59
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.1 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
11.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.26M – $1.53M
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