$10,000 Closing Credit¹
#325042447, Nick Abbott, Listing office: North Bay Property Advisors
$1,575,000 List price
740 Mendocino Ave Santa Rosa, CA 95401
$10,000
Closing credit¹
3,173 sqft
0.2 acres
$496 / sqft
Multi-Family
Property details
About 740 Mendocino Ave
Excellent Investment Opportunity! This fully rented 5-unit property is ideally located near Santa Rosa Junior College, offering strong rental demand and consistent cash flow. The current owner has invested approximately $400,000 in repairs and upgrades, ensuring most all units are modernized and well-maintained. Unit #1 (Front Unit) 2/1.5 The largest of the five, featuring a beautifully updated kitchen with stainless steel appliances, white cabinetry, laminate flooring throughout, fresh interior paint, ceiling fans, updated blinds, and a low-maintenance yard. Unit #2: 1/1 An upstairs unit small and cute. Unit #3: Completely remodeled within the last year with modern finishes and fixtures. Unit #4: A cozy and efficient studio space. Unit #5: A separate unit located at the back of the property with its own private, fenced backyard perfect for added privacy and outdoor living. Covered parking is available for all units except one. This turnkey property is a rare find in a high-demand rental area don't miss out! Better photos to come!
Highlights
Home typeMulti Family
HeatingFloor Furnace, Varies By Unit, Wall Furnace
StatusActive
CoolingCeiling Fan(s), Varies By Unit, Window Unit(s)
Size3,173 sqft
Lot size0.2181 Acres
Year built1900
ParkingCovered, Detached, Other
MLS #325050776
Summary
- Parking: Covered, Detached, Other
- Heating: Floor Furnace, Varies By Unit, Wall Furnace
- Cooling: Ceiling Fan(s), Varies By Unit, Window Unit(s)
- List Price: $1,575,000
- Price/SqFt: $496
- HOA Amount: $0
- Annual Tax Amount: $10,754
- Tax Year: 2024
- Lot: Other
- Directions: 101 to College north on Mendocino.
- Year Built: 1900
- Living Area: 3,173 SqFt
- Lot Size: 0.2181 Acres
- MLS Number: 325050776
- MLS Name: BAREIS MLS
- Office Name: Prime Real Estate Services
- Listing Agent: Deborah S Benson-Miller
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The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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Last updated on: 6/5/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,575,000
740 Mendocino Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 28, 2023 | Home Sold | $1,275,000 |
| Jan 31, 2020 | Home Sold | $870,000 |
| May 06, 2005 | Home Sold | $690,000 |
| Aug 20, 2002 | Home Sold | $639,000 |
| Feb 08, 1999 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $928,580 | $10,754 |
| 2023 | $910,216 | $10,600 |
| 2022 | $892,409 | $9,936 |
| 2021 | $874,951 | $9,817 |
| 2020 | $733,901 | $8,322 |
| 2019 | $721,502 | $8,255 |
| 2018 | $707,395 | $8,255 |
| 2017 | $693,565 | $8,108 |
History based on county public records data.
Nearby schools
4
Kid Street Learning Center Charter
Public Charter KG-6
0.5 mi
•709 Davis St
7
Luther Burbank Elementary School
Public District KG-6
0.8 mi
•203 S A St
2
Steele Lane Elementary School
Public District KG-6
1.0 mi
•301 Steele Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,796. Residents of Santa Rosa, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
30%
<35k
50%
35k-100k
19%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
7%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
35%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Symphony or Opera
Hiking/backpacking
Where do the neighbors shop?
Banana Republic
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Sonic
Boston Market
Chipotle
What do the neighbors drive?
Infiniti
Volvo
Mazda
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 740 Mendocino Ave
The listing price of 740 Mendocino Ave property is $1,575,000.
The property 740 Mendocino Ave is a multi located in Santa Rosa, California, 95401.
Active Listing: 740 Mendocino Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 740 Mendocino Ave are: Kid Street Learning Center Charter (GreatSchools Rating 4/10), Luther Burbank Elementary School (GreatSchools Rating 7/10), Steele Lane Elementary School (GreatSchools Rating 2/10), Santa Rosa Charter School for the Arts (GreatSchools Rating 5/10), Santa Rosa Middle School (GreatSchools Rating 2/10), Hilliard Comstock Middle School (GreatSchools Rating 2/10), Ridgway High (Continuation) (GreatSchools Rating 2/10), Santa Rosa High School (GreatSchools Rating 6/10), Pivot Charter School - North Bay (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $10,754 (source: MLS/based on county public records data).
The last sale was on August 28, 2023 for $1,275,000 (source: MLS/tax record).
The property 740 Mendocino Ave is 3,173 SqFt (source: MLS/tax record).
The year of construction for 740 Mendocino Ave is 1900.
This home is located at 740 Mendocino Ave in Santa Rosa, CA and zip code 95401 in the Junior College neighborhood. This 3,173 square foot home, which was built in 1900, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $1,575,000.
Over 27 listings were sold over their listed price in May 2025 in Santa Rosa, CA. In the same period over 60 listings were sold below the listed price and 26 listings were sold for the listed price. The number of homes for sale in Santa Rosa, CA increased by 11.2% between April and May 2025.
From Rocket Homes Real Estate and based on county public records data.