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  • $1,300,000

    740 Mendocino Avenue, Santa Rosa, CA 95401

    2beds
    3,173sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $1,303,500 Zestimate®
    $410/sqft
    $2,177 Estimated rent

    Home value

    $1,303,500

    $1.19M - $1.43M

    $2,177/mo

    Zestimate® history
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    Owner options

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    $2,177/mo

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    $2,177/mo

    Rent Zestimate®

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    $8,657/mo

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    $8,657/mo

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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah S Benson-Miller DRE #01268744 707-291-3601,

    Prime Real Estate Services 707-583-1120

    Bought with:

    Sheila Peterson, DRE #01259988

    HPI Real Estate

    Source: BAREIS,MLS#: 325050776MLS LogoOriginating MLS: Sonoma

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 3
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • Ceiling Fan(s), Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Unit 1 - Beds: 0, Baths: 0, Square Footage: 3173 | Unit 2 - Beds: 2, Baths: 1, Square Footage: 3173 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 3173 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 3173
    Interior area
    • Total structure area: 3,173
    • Total interior livable area: 3,173 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Covered, Detached, Other
    • Has garage: Yes
    • Carport spaces: 4
    Features
    • Levels: Lower,Upper
    Lot
    • Size: 9,500 Square Feet
    • Features: Other
    Details
    • Parcel number: 180780027000
    • Special conditions: Offer As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected & Paid

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Santa Rosa

    Financial & listing details

    • Price per square foot: $410/sqft
    • Date on market: 6/2/2025

    Price history

    DateEventPrice
    7/30/2026Sold$1,300,000-5.5%$410/sqft
    Source: BAREIS #325050776 Report a problem
    12/2/2025Price change$1,375,000-6.8%$433/sqft
    Source: BAREIS #325050776 Report a problem
    7/22/2025Price change$1,475,000-6.3%$465/sqft
    Source: BAREIS #325050776 Report a problem
    6/3/2025Listed for sale$1,575,000+23.5%$496/sqft
    Source: BAREIS #325050776 Report a problem
    12/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/7/2023Listed for rent$2,750$1/sqft
    Source: Zillow Rentals Report a problem
    8/28/2023Sold$1,275,000-1.5%$402/sqft
    Source: BAREIS #322098010 Report a problem
    8/1/2023Pending sale$1,295,000$408/sqft
    Source: BAREIS #322098010 Report a problem
    8/1/2023Listing removed$1,295,000$408/sqft
    Source: BAREIS #322098010 Report a problem
    7/31/2023Pending sale$1,295,000$408/sqft
    Source: BAREIS #322098010 Report a problem
    6/8/2023Listed for sale$1,295,000-3.7%$408/sqft
    Source: BAREIS #322098010 Report a problem
    6/1/2023Listing removed$1,345,000$424/sqft
    Source: BAREIS #322098010 Report a problem
    3/22/2023Listed for sale$1,345,000-2.2%$424/sqft
    Source: BAREIS #322098010 Report a problem
    3/1/2023Listing removed$1,375,000$433/sqft
    Source: BAREIS #322098010 Report a problem
    11/7/2022Listed for sale$1,375,000+58%$433/sqft
    Source: BAREIS #322098010 Report a problem
    1/31/2020Sold$870,000-8.3%$274/sqft
    Source: BAREIS #21926127 Report a problem
    1/10/2020Pending sale$949,000$299/sqft
    Source: Coldwell Banker Residential Brokerage - Santa Rosa - Bicentennial #21926127 Report a problem
    11/19/2019Price change$949,000-9.6%$299/sqft
    Source: Coldwell Banker Residential Brokerage - Santa Rosa - Bicentennial #21926127 Report a problem
    11/3/2019Listed for sale$1,050,000$331/sqft
    Source: Coldwell Banker Residential Brokerage - Santa Rosa - Bicentennial #21926127 Report a problem
    10/26/2019Pending sale$1,050,000$331/sqft
    Source: Coldwell Banker Residential Brokerage - Santa Rosa - Bicentennial #21926127 Report a problem
    10/7/2019Listed for sale$1,050,000$331/sqft
    Source: Coldwell Banker Residential Br #21926127 Report a problem

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: Ridgeway Historic District

    Nearby schools

    GreatSchools rating
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