$1,275,000
SOLD AUG 28, 2023
6 Beds
-- Bath
3,173 Sq Ft
9,500 Sq Ft Lot

Recently Sold

$402 Per Sq Ft

2% Below List Price

267 Days on Market

Highlights

  • Landscaped
  • Santa Rosa High School Rated A-
  • Laundry Facilities

About This Home

As of August 2023

5-unit multifamily property located in the coveted JC neighborhood of Santa Rosa. The property consists of two (2) spacious 2-bedroom, 1bath units, one (1) 1-bedroom, 1-bath unit, one (1) free-standing 1-bedroom, 1-bath cottage and one (1) free-standing studio cottage. Four (4) of the units have full interior remodels and a retrofit was completed on the foundation. The property features 4-car carport parking at the rear of the property, additional off-street parking, a shared on-site laundry room, and separate meters for gas and electric. This is an excellent opportunity to acquire a well-managed and updated rental property in an extremely tight rental market.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 11/07/2022

Berkshire Hathaway

Last Buyer's Agent

Ron Ikebe

Ronald K. Ikebe, Broker License #00518166

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,500 Sq Ft Lot
  • Landscaped

Home Design

  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,173 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 180-780-027-000

Community Details

Overview

  • 3 Buildings
  • 5 Units

Additional Features

  • Laundry Facilities
  • Gross Income $110,724

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
  • Subtype Description: Apartments
  • Directions To Property: 740 Mendocino Ave, Santa Rosa, CA
  • Lot Size Acres: 0.2181
  • Stories: 2
  • CapRate: 5.76
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Price Per Square Foot: 401.83
  • Square Footage: 3173.00
  • NumberOfBuildings: 3

Exterior Features

  • Foundation: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Landscape Front, Shape Regular
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Carport, Off Street, Street, Uncovered
  • Total Parking Spaces: 5.00
  • Carport Spaces: 4.00
  • OpenParkingSpaces: 1.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Varies By Unit, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

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

Building Info

  • Year Built: 1900

Multi Family

  • One Bedroom Annual Occupancy: 97
  • 1 Bedroom Rent Range: 1568-1854
  • Two Bedroom Annual Occupancy: 97
  • Two Bedroom Rent Range: 1805-2800
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 5
  • Number Studios Occupied: 1

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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
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)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322098010

Bay Area Real Estate Information Services (BAREIS)