542 College Ave Santa Rosa, CA 95404
Cherry Street NeighborhoodEstimated payment $12,686/month
Highlights
- Wood Flooring
- Ductless Heating Or Cooling System
- Heat Pump System
- Santa Rosa High School Rated A-
- Formal Entry
About This Home
Welcome to a brand new 6-unit multifamily property that combines modern luxury with classic Santa Rosa charm. This entire apartment building is new construction throughout, offering a turn-key investment in a prime location just blocks from downtown. The property has four 2 bedroom units and two studio-style large apartments. It has been thoughtfully designed by the owner builder to appeal to quality tenants and savvy investors alike with all 6 units currently rented. With its modern appeal, desirable downtown address, and strong income potential, 542 College Avenue is a rare opportunity you don't want to miss!
Listing Agent
Victoria Maxwell, Real Estate License #01727177 Listed on: 04/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,246
Year Built
- Built in 2024
Interior Spaces
- 8 Bedrooms
- 4,438 Sq Ft Home
- 3-Story Property
- Formal Entry
- Washer and Dryer Hookup
Kitchen
- Free-Standing Electric Range
- Dishwasher
Flooring
- Wood
- Tile
Parking
- 6 Parking Spaces
- 4 Carport Spaces
- Off-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
Community Details
- 6 Units
- Gross Income $159,960
Listing and Financial Details
- Assessor Parcel Number 009-031-032-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,246 | $455,756 | $260,433 | $195,323 |
| 2024 | $5,246 | $446,821 | $255,327 | $191,494 |
| 2023 | $5,246 | $438,061 | $250,321 | $187,740 |
| 2022 | $4,844 | $429,472 | $245,413 | $184,059 |
| 2021 | $4,784 | $421,051 | $240,601 | $180,450 |
| 2020 | $4,772 | $416,734 | $238,134 | $178,600 |
| 2019 | $4,746 | $408,564 | $233,465 | $175,099 |
| 2018 | $4,717 | $400,554 | $228,888 | $171,666 |
| 2017 | $4,632 | $392,700 | $224,400 | $168,300 |
| 2016 | $4,596 | $385,000 | $220,000 | $165,000 |
| 2015 | $4,697 | $400,000 | $100,000 | $300,000 |
| 2014 | $2,785 | $244,309 | $59,153 | $185,156 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Price Changed | $2,299,000 | -8.0% | $518 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $2,499,000 | -- | $563 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Grant Deed | $385,000 | Stewart Title Of Ca Inc | |
| Grant Deed | $380,000 | Stewart Title Of Ca Inc | |
| Grant Deed | $400,000 | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $115,000 | Unknown |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325034892
APN: 009-031-032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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