740 Mendocino Ave, Santa Rosa, CA 95401

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Sold Price
$1,300,000
List Price
$1,375,000
Status
CLOSED
Days on Market
423
Closing Date
Jul 30, 2026
MLS#
325050776
Subtype
Residential Income
Year Built
1900
Living Area
3,173
Lot Size
9,500
Acres
0.22
Neighborhood
Santa Rosa-Northeast
MLS Area Major
Santa Rosa-Northeast

Property Description

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!

Additional Information

Heating
Floor Furnace, Wall Furnace
Air Conditioning
Ceiling Fan(s), Window/Wall
Parking Features
Covered, Detached, Other

Listing courtesy of Deborah S Benson-Miller from Prime Real Estate Services

Sold listing courtesy of Sheila Peterson from HPI Real Estate

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