| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 75th | Good |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 42 Charles St, Cotati, CA, 94931, US |
| Region / Metro | Cotati |
| Year of Construction | 2001 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
42 Charles St Cotati Multifamily Investment Opportunity
Neighborhood occupancy near 96% suggests steady renter demand and leasing stability in Cotati, according to WDSuite’s CRE market data. With elevated ownership costs locally, this asset is positioned to compete for tenants seeking attainable, quality rentals.
Located in Cotati within the Santa Rosa–Petaluma, CA metro, the neighborhood rates A and ranks 20 of 138, indicating competitive fundamentals among metro peers. Amenity access is a relative strength (ranked 30 of 138), supported by above-median restaurant and grocery density and parks coverage in the 98th percentile nationally—a draw for quality of life and retention.
For investors, demand signals are constructive: neighborhood occupancy is 96.3% (rank 46 of 138), with only a marginal five-year change, pointing to durable leasing. About 36% of housing units are renter-occupied (rank 49 of 138), indicating a meaningful renter concentration that supports depth of the tenant base without over-saturation. Median contract rents in the neighborhood sit in a higher national percentile, while the rent-to-income ratio of roughly 0.19 aligns with manageable affordability pressure and helps support retention.
Demographic statistics aggregated within a 3-mile radius show recent population and household growth, with forecasts indicating further expansion by 2028. Rising median and mean household incomes in this radius, alongside a larger share of higher-earning households, reinforce the presence of a qualified renter pool and support pricing power where renovations or repositioning justify it.
Home values in the neighborhood are elevated compared with national norms, which typically sustains reliance on multifamily rentals and supports leasing durability. The property’s 2001 construction is newer than the neighborhood’s average vintage (1983), offering a competitive edge versus older stock while leaving room for targeted updates to enhance rentability and moderate near-term capital planning relative to older assets.
Safety indicators point to a generally favorable national position with recent improvement, while metro-relative readings warrant monitoring. The neighborhood registers strong national standing for property and violent offense rates (around the 90th and 80th percentiles nationally, respectively), and year-over-year trends show notable declines in estimated property offenses. However, within the Santa Rosa–Petaluma metro, a lower crime rank (15 of 138) indicates comparatively higher incident levels versus many nearby neighborhoods, so investors should underwrite with local trend diligence and property-level measures in mind.
The broader employment base spans logistics, banking, enterprise software, utilities, and healthcare distribution, supporting commuter demand and lease stability for workforce and professional renters. Featured nearby employers include FedEx, Wells Fargo, Salesforce, McKesson, and PG&E.
- FedEx Headquarters — logistics (14.0 miles)
- Wells Fargo — banking (40.2 miles) — HQ
- Salesforce.com — enterprise software (40.4 miles) — HQ
- McKesson — pharmaceutical distribution (40.5 miles) — HQ
- PG&E Corp. — utilities (40.5 miles) — HQ
42 Charles St offers a 20-unit footprint with average unit sizes near 560 sq ft, positioned in a neighborhood that ranks competitively within the Santa Rosa–Petaluma metro. Neighborhood occupancy is approximately 96%, and, according to CRE market data from WDSuite, sits above the metro median, indicating demand resilience. Elevated local home values suggest a high-cost ownership market that reinforces renter reliance on multifamily housing and supports retention.
Built in 2001, the asset is newer than the neighborhood’s average vintage of 1983, implying relatively lower near-term systems risk versus older properties while leaving room for value-add through selective upgrades. Demographic statistics aggregated within a 3-mile radius point to recent and projected growth in population and households, expanding the tenant base and supporting occupancy stability and measured rent growth potential.
- Stable neighborhood occupancy near 96%, above metro median, supporting income durability
- 2001 construction offers competitive positioning versus older stock with targeted value-add upside
- Elevated home values sustain renter demand and reinforce leasing stability
- 3-mile radius shows rising incomes and projected household growth, expanding the renter pool
- Risk: metro-relative crime rank warrants ongoing monitoring and property-level safety practices