740 Mendocino Ave Santa Rosa, CA 95401
Junior College NeighborhoodEstimated payment $9,496/month
Total Views
9,505
5
Beds
6
Baths
3,173
Sq Ft
$465
Price per Sq Ft
Highlights
- 5 Car Detached Garage
- Ceiling Fan
- Laundry Facilities
- Santa Rosa High School Rated A-
- Floor Furnace
About This Home
Investor opportunity! This fully rented 5-unit property near Santa Rosa Junior College offers excellent cash flow and strong rental demand. The current owner has invested approximately $400,000 in upgrades, including a brand-new 50-year roof, new gutters, and leaf guards, plus modern updates in most of the units. Unit #1 is the largest, a 2-bedroom, 1.5-bath with a beautifully updated kitchen, stainless steel appliances, laminate flooring, fresh paint, ceiling fans, and its own low-maintenance yard. Unit #2 is a cute and compact 1-bedroom upstairs unit. Unit #3 was completely remodeled in the last year with modern finishes. Unit #4 is a cozy studio with a new stove and updated bathroom fixtures. Unit #5 is tucked away at the back of the property and has its own private, fenced yardgreat for added privacy and outdoor living. Covered parking is available for four of the five units. Located in a high-demand rental area, this well-maintained and fully occupied property is turnkey and ready to go. Don't miss your chance to own a great income property!
Listing Agent
Prime Real Estate Services License #01268744 Listed on: 06/02/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 9,500 Sq Ft Lot
Interior Spaces
- 5 Bedrooms
- 3,173 Sq Ft Home
- Ceiling Fan
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 5 Car Detached Garage
- 4 Carport Spaces
Utilities
- Window Unit Cooling System
- Floor Furnace
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 180-780-027-000
Community Details
Overview
- 3 Buildings
- 5 Units
Additional Features
- Laundry Facilities
- Gross Income $108,648
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $1,475,000 | -6.3% | $465 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $1,575,000 | +23.5% | $496 / Sq Ft |
| 08/28/2023 08/28/23 | Sold | $1,275,000 | 0.0% | $402 / Sq Ft |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | Off Market | $1,275,000 | -- | -- |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- |
| 06/08/2023 06/08/23 | Price Changed | $1,295,000 | 0.0% | $408 / Sq Ft |
| 06/08/2023 06/08/23 | For Sale | $1,295,000 | +1.6% | $408 / Sq Ft |
| 05/31/2023 05/31/23 | Off Market | $1,275,000 | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $1,345,000 | +5.5% | $424 / Sq Ft |
| 04/30/2023 04/30/23 | Off Market | $1,275,000 | -- | -- |
| 03/22/2023 03/22/23 | Price Changed | $1,345,000 | 0.0% | $424 / Sq Ft |
| 03/22/2023 03/22/23 | For Sale | $1,345,000 | +5.5% | $424 / Sq Ft |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | Off Market | $1,275,000 | -- | -- |
| 11/07/2022 11/07/22 | For Sale | $1,375,000 | +58.0% | $433 / Sq Ft |
| 01/31/2020 01/31/20 | Sold | $870,000 | 0.0% | -- |
| 01/31/2020 01/31/20 | Pending | -- | -- | -- |
| 10/07/2019 10/07/19 | For Sale | $870,000 | -- | -- |
Source: Bay Area Real Estate Information Services (BAREIS)
Similar Home in Santa Rosa, CA
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325050776
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.
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