740 Mendocino Ave

3,173 Sq. Ft.
$433 / Sq. Ft.
3,173
Sq. Ft.
$433
per Sq. Ft.

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....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!
  1. Listed by Deborah S Benson-Miller • DRE #01268744 • Brokerage DRE #00541669 • Prime Real Estate Services

Property Details for 740 Mendocino Avenue

Cross Street
College
Total Parking Spaces
5
LISTING UPDATED: 12/02/2025 10:58 AM

Property Details for 740 Mendocino Avenue

StatusActive
MLS #325050776
Days on Compass235
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1900
Lot Size0.22 AC / 9,500 SF
CountySonoma County

Location

Listing Courtesy of Prime Real Estate Services, Deborah S Benson-Miller, DRE #01268744
Add your commute

Building Information for 740 Mendocino Avenue

Stories-Residences-Year Built1900Building Size-Lot Size0.22 AC / 9,500 SF

Payment Calculator

$7,612 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,702

Property Taxes

$910

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 740 Mendocino Avenue

Summary
Location and General Information
  • Area/District: Santa Rosa-Northeast
  • Area Short Display: B0200
  • Directions to Property: 101 to College north on Mendocino.
  • Area Long Display: Santa Rosa-Northeast
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 180-780-027-000
Parking
  • Parking Features: Covered, Detached, Other
  • Carport Spaces: 4
  • Garage Spaces: 0
  • Open Parking Spaces: 0
  • Covered Spaces: 4
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 3173.0
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Square Feet: 9500.0
  • Lot Features: Other
Property and Assessments
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Picture Count: 29
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 0.0
Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Utilities: Sewer Connected & Paid
Interior and Exterior Features
Exterior Features
  • Levels: Lower, Upper
  • # of Floors: 0
Interior Features
  • Heating: Floor Furnace, Varies by Unit, Wall Furnace
  • Cooling: Ceiling Fan(s), Varies by Unit, Window Unit(s)
  • Laundry Features: In Common Area, Varies by Unit
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Rent Range: 1850-1950
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 2
2 Bedroom Unit
  • # of 2 Bedroom Units: 1
  • 2 Bedroom Rent Range: 1854-2650
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 2
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $108,648.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 3
  • # Of Units Total: 5
  • # of Studio Units: 0
  • # Studios Occupied: 1
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: 2 bedrooms, updated, laminate flooring, washer/dryer, floor heat
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 4
  • Unit 1 Approx SqFt: 900
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: 2 bedrooms, if tenant moves it will need to be painted.
  • Unit 2 Full Baths: 1
  • Unit 2 # of Rooms: 4
  • Unit 2 Approx SqFt: 0
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: completely remodeled inside.
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 3
  • Unit 3 Approx SqFt: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Description: studio
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 0
  • Unit 4 Approx SqFt: 0

Property History for 740 Mendocino Avenue

DateEvent & SourcePriceAppreciation
Jul 22, 2025

Price Change

REBAREIS #325050776

$1,475,000
Jun 2, 2025

Listed (Active)

REBAREIS #325050776

$1,575,000
Aug 28, 2023

Sold

REBAREIS #322098010

$1,275,000
Aug 21, 2023

Sold (Public Record)

Public Record #1517479426

$1,275,000

+3.4% / yr

Aug 10, 2023

Pending

REBAREIS #322098010

Jul 31, 2023

Expired

REBAREIS #322098010

Jul 28, 2023

Contingent - No Show

REBAREIS #322098010

May 31, 2023

Expired

REBAREIS #322098010

Mar 9, 2023

Temporarily Off Market

RESFAR #322098010

Mar 9, 2023

Contingent - No Show

REBAREIS #322098010

Mar 9, 2023

Contingent - No Show

RESFAR #322098010

Feb 28, 2023

Expired

REBAREIS #322098010

Nov 7, 2022

Listed (Active)

RESFAR #322098010

$1,375,000
Nov 7, 2022

Listed (Active)

REBAREIS #322098010

$1,375,000
Jan 31, 2020

Sold

REBAREIS #21926127

$870,000
Jan 31, 2020

Pending

REBAREIS #21926127

Oct 7, 2019

Price Change

REBAREIS #21926127

$1,050,000
Oct 7, 2019

Listed (Active)

REBAREIS #21926127

$949,000
May 6, 2005

Sold

RESFAR #20435646

$690,000
Apr 27, 2005

Sold (Public Record)

Public Record #156738257

$690,000

+2.9% / yr

Apr 26, 2005

Pending

RESFAR #20435646

Nov 18, 2004

Listed (Active)

RESFAR #20435646

$690,000
Aug 20, 2002

Sold (Public Record)

Public Record #98524259

$639,000
Jul 31, 2002

Expired

RESFAR #20232634

Apr 30, 2002

Listed (Active)

RESFAR #20232634

$649,000
Aug 15, 2001

Expired

RESFAR #20101236

May 15, 2001

Listed (Active)

RESFAR #20101236

$599,000
DateEvent & SourcePrice
07/22/2025

Price Change

REBAREIS #325050776

$1,475,000
06/02/2025

Listed (Active)

REBAREIS #325050776

$1,575,000
08/28/2023

Sold

REBAREIS #322098010

$1,275,000
08/21/2023

Sold (Public Record)

Public Record #1517479426

$1,275,000

+3.4% / yr

08/10/2023

Pending

REBAREIS #322098010

07/31/2023

Expired

REBAREIS #322098010

07/28/2023

Contingent - No Show

REBAREIS #322098010

05/31/2023

Expired

REBAREIS #322098010

03/09/2023

Temporarily Off Market

RESFAR #322098010

03/09/2023

Contingent - No Show

REBAREIS #322098010

03/09/2023

Contingent - No Show

RESFAR #322098010

02/28/2023

Expired

REBAREIS #322098010

11/07/2022

Listed (Active)

RESFAR #322098010

$1,375,000
11/07/2022

Listed (Active)

REBAREIS #322098010

$1,375,000
01/31/2020

Sold

REBAREIS #21926127

$870,000
01/31/2020

Pending

REBAREIS #21926127

10/07/2019

Price Change

REBAREIS #21926127

$1,050,000
10/07/2019

Listed (Active)

REBAREIS #21926127

$949,000
05/06/2005

Sold

RESFAR #20435646

$690,000
04/27/2005

Sold (Public Record)

Public Record #156738257

$690,000

+2.9% / yr

04/26/2005

Pending

RESFAR #20435646

11/18/2004

Listed (Active)

RESFAR #20435646

$690,000
08/20/2002

Sold (Public Record)

Public Record #98524259

$639,000
07/31/2002

Expired

RESFAR #20232634

04/30/2002

Listed (Active)

RESFAR #20232634

$649,000
08/15/2001

Expired

RESFAR #20101236

05/15/2001

Listed (Active)

RESFAR #20101236

$599,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 740 Mendocino Avenue

Taxable ValueLand$234,039Additions$712,868Total$946,907
Tax Record2025$10,919 ($910 / month)
Home Facts
Baths4Total Finished SqFt2,405 SqFtAbove Grade Finished SqFt2,405 SqFtStories2Lot Size9,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1910CountySONOMAAPN180-780-027-000

Schools near 740 Mendocino Avenue

This home is within Santa Rosa High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Steele Lane Elementary School
PublicK to 6

Santa Rosa Middle School
Public7 to 8

Santa Rosa High School
Public9 to 12

Santa Rosa Charter School For The Arts
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

740 Mendocino Avenue is a multi-family home for sale in Santa Rosa, CA 95401. This property was listed for sale on June 2, 2025 by Prime Real Estate Services, it's currently listed at $1,375,000. It has been on the market for a total of 235 days and was last sold on August 28, 2023. This listing's school districts are Santa Rosa High School District, Santa Rosa Elementary School District. Nearby schools include Steele Lane Elementary School, Santa Rosa Middle School and Santa Rosa High School. 740 Mendocino Avenue is a 5-bed, 3-bath, 3,173 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime Real Estate Services, Deborah S Benson-Miller, DRE #01268744

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.