$1,575,000

740 Mendocino Ave Santa Rosa, CA 95401

Junior College Neighborhood

Estimated payment $10,298/month

Total Views 7,716
2 Beds
6 Baths
3,173 Sq Ft
$496 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

Deborah Benson-miller

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

  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: 101 to College north on Mendocino.
  • Lot Size Acres: 0.2181
  • Levels: Lower, Upper
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 3173.00
  • NumberOfBuildings: 3

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Parking Features: Covered, Detached, Other
  • Total Parking Spaces: 5.00
  • Carport Spaces: 4.00
  • Covered Parking Spaces: 4.00

Utilities

  • Cooling: Ceiling Fan(s), Varies By Unit, Window Unit(s)
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer Connected & Paid
  • Water Source: Public
  • Heating: Floor Furnace, Varies By Unit, Wall Furnace
  • Laundry Features: In Common Area, Varies By Unit

Lot Info

  • Assessor Parcel Number: 180-780-027-000
  • Lot Size Sq Ft: 9500.00

Building Info

  • Year Built: 1900

Multi Family

  • 1 Bedroom Rent Range: 1850-1950
  • Two Bedroom Rent Range: 1854-2650
  • Number Of1 Bedrooms Occupied: 2
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 1
  • NumberOfUnitsTotal: 5
  • Number Studios Occupied: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325050776

Bay Area Real Estate Information Services (BAREIS)

California Sonoma County Santa Rosa 95401 Junior College

740 Mendocino Ave, Santa Rosa, CA

This home is located at 740 Mendocino Ave, Santa Rosa, CA 95401 and is currently priced at $1,575,000, approximately $496 per square foot. This property was built in 1900. 740 Mendocino Ave is a home located in Sonoma County with nearby schools including Steele Lane Elementary School, Santa Rosa Middle School, and Santa Rosa High School.

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.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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Deborah Benson-miller
Listing Agent
Deborah Benson-miller
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Prime Real Estate Services
(707) 600-6012