#325025258, Julian Solano, Michael C Williams Michael C Williams, Listing office: Excellerate Real Estate
740 Mendocino Ave Santa Rosa, CA 95401
Property details
About 740 Mendocino Ave
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!
Highlights
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: $1,475,000
- Price/SqFt: $464
- 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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Last updated on: 7/24/2025, 4:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Santa Rosa, CA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 740 Mendocino Ave
The listing price of 740 Mendocino Ave property is $1,475,000.
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 $1,475,000.
While more than 51 listings in Santa Rosa, CA in June 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 78 were sold below. In June 2025 in Santa Rosa, CA there were 13.1% more homes for sale than in May. The median list price of listings available in June 2025 was $749,000, while the average time on the real estate market was 15 days.