$8,550,000

Estimated payment $55,499/month

Total Views 6,522
2 Beds
2 Baths
19,383 Sq Ft
$441 Price per Sq Ft

Highlights

  • 1.07 Acre Lot
  • Outdoor Grill
  • Baseboard Heating
  • Corner Lot
  • Ceiling Fan
  • Laundry Facilities

About This Home

The Grove Apartment Homes is a stabilized 38-unit garden-style multifamily community located in southeast Rohnert Park, California. It is situated on four contiguous parcels totaling 1.07 acres and consists of four two-story residential buildings and one on-site laundry facility. The property offers a swimming pool, grassy picnic area, and mature landscaping. Thirty-five of 38 units have one-bedroom floor plans. There is also one studio, a two-bedroom unit, and a large three-bedroom unit. The property has received significant improvements in recent years with 37 of 38 units being remodeled, new balcony railings, new exterior paint, new BBQ area, and more. The location is great for tenants due to the proximity to retail, schools, parks, and transportation. This is an ideal investment opportunity for buyers seeking stable, long term cashflow.

Listing Agent

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 06/22/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 1.07 Acre Lot
  • Corner Lot

Interior Spaces

  • 19,383 Sq Ft Home
  • Ceiling Fan
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • Outdoor Grill
  • Baseboard Heating

Community Details

Overview

  • 4 Buildings
  • 38 Units

Additional Features

  • Laundry Facilities
  • Gross Income $855,195

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

1.07 Acres

Listing Details

  • Type: Residential Income
  • Lot Size Acres: 1.07
  • CapRate: 6.25
  • Property Sub Type: 5 or More Units
  • Co List Office Mls Id: AMARMIL
  • Directions: Please use GPS.
  • Living Area: 19383
  • Power Production Type: None
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • NumberOfBuildings: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Central BBQ, Corner Lot

Garage/Parking

  • Parking Features: Off Street, Uncovered

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Baseboard
  • Laundry Features: Coin Operated, Common Area, Washer/Dryer Leased

Lot Info

  • Lot Size Sq Ft: 46609

Building Info

  • Year Built: 1968

Multi Family

  • NumberOfUnitsTotal: 38
  • Annual Gross Income: 855195

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/22/2026 06/22/26 For Sale $8,550,000 -- $441 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 326054445

Bay Area Real Estate Information Services (BAREIS)
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