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$1,475,000

740 Mendocino Ave Santa Rosa, CA 95401

3,173 sqft
0.2 acres
$465 / sqft
Multi-Family

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

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: $1,475,000
  • 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

IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

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)Major League Soccer (MLS)
  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • SonicSonic
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • InfinitiInfiniti
  • VolvoVolvo
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • RockRock
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 $1,475,000.

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.

From Rocket Homes Real Estate and based on county public records data.

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