Welcome to 406 Klute Street, an exceptionally well-maintained fourplex that showcases true pride of ownership and offers investors a stable, income-producing asset. The property features a desirable unit mix of three 2-bedroom, 1-bathroom residences and one 1-bedroom, 1-bathroom residence, currently generating $8,450 per month in gross rental income. Designed with both tenant comfort and operational efficiency in mind, the property offers covered parking for four vehicles, three additional uncovered parking spaces, and private storage for each unit. An on-site coin-operated laundry facility provides added convenience for residents while creating an additional source of income for ownership. Significant capital improvements have already been completed, including a new roof, new balconies, and updated staircases, reducing future maintenance concerns and enhancing the property's long-term value. Low-maintenance landscaping further helps minimize operating expenses and maximize net income. Ideally situated with convenient access to Highway 101, the property is just minutes from shopping, dining, downtown Santa Rosa, Santa Rosa Plaza, Coddingtown Shopping Center, Montgomery Village, Santa Rosa Junior College, and Santa Rosa High School making it an attractive location for tenants. Whether you're an experienced investor seeking a well-performing addition to your portfolio or a first-time multifamily buyer looking for a turnkey investment, 406 Klute Street presents an outstanding opportunity to acquire a quality asset in one of Santa Rosa's most desirable rental markets.
Multi-familyProperty Type
1964Year Built
5,001 sq ftLot Size
$428Price/Sq.Ft.
7 spacesParking
Listed by Isaiah Chass•DRE #02080155• Livxplore Real Estate & Lifestyle
St. Rose, located between Downtown Santa Rosa and the Junior College area, is a historic and residential Santa Rosa neighborhood with tree-lined blocks and a walkable grid. The neighborhood’s character concentrates around the Fourth Street and Mendocino Avenue corridor, where sidewalk patios, indie storefronts, and late-day foot traffic set the tempo. Early-20th-century bungalows and small apartment courts sit alongside civic buildings and pocket gardens. The Luther Burbank Home & Gardens adds a cultivated, local-history note. The Railroad Square Historic District brings brick warehouses, tasting rooms, and galleries into the daily orbit. Prince Memorial Green offers a calm patch of lawn and shade near the downtown edge.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Updated/remodeled condition
Fire alarm and fire extinguisher
Coin-operated laundry in a common area
Green energy-efficient appliances and roof
Bedrooms
Four 2-bedroom apartments and one 1-bedroom apartment across the building (total 4 units)
Bathrooms
Mix of full bathrooms across units (each unit has at least one full bath)
Kitchen
Free-standing electric range
Free-standing refrigerator
Laundry & utility
Coin-operated washer/dryer in a shared laundry area
Flooring
Carpet
Vinyl
Heating & cooling
Natural gas heating
Wall furnace
No central cooling
Exterior features
Balcony/deck
On-site play area
Sidewalk along the lot
Home design
Residential income property (quadruplex)
Two levels
Parking
Seven parking spaces total
Combination of attached parking, carport, covered parking and off-street spaces
Security
Building equipped with fire alarm and fire extinguisher
Construction
Composition/shingle roof
Utilities
City utilities available
Natural gas connected
Public sewer
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
Multi-Family Residential - 18 du per acre - Historic Combining District
The R-3 zoning districts are applied to areas of the City appropriate for residential neighborhoods with medium and higher residential densities, to provide home rental and ownership opportunities, and to provide a full range of choices in housing types to improve access to affordable housing. The maximum allowable density ranges from 8 to 30 dwellings per acre, with the specific allowable density for each parcel shown on the zoning map by a numerical suffix to the R-3 map symbol see Section 20-22.040. Densities of more than 30 dwellings per acre may be allowed within the Mixed Use land use designation of the General Plan; The R-3 zoning districts implement and are consistent with the Residential Medium Density and Medium High Density land use classifications of the General Plan.; The H combining district is intended to recognize, preserve, and enhance Santa Rosa's locally designated historic resources.
Zone overlays
Permitted uses
Include but are not limited to:
Agriculture-Other
Day care facility
Healthcare-Other
Housing-Group
Housing-Multiple units
Housing-Student
Housing-Other
Infrastructure-Other
Housing-Mobile home park
Jan 17, 2018 • Final
Residential plumbing
Remove and replace an electric water heater.
Plumbing
Water heater
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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 15 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
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42
71
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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
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 406 Klute St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $650,000 and $1,325,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $650K to $1.3M.