
Santa Rosa, CA 95404
This High-Potential Investment Opportunity features two detached homes currently generating $60,000 in annual income. Listed at $825,000, the property is priced above the $687,555 Fair Market Value; however, the dual-income stream provides immediate stability. With a Condition Rating of 3, the property includes a newer roof and updated granite kitchens. This asset is ideal for Buy-and-Hold Investors seeking 1031 exchange options or Owner-Occupants looking to offset mortgage costs through rental income in a well-established Santa Rosa neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 Temple Avenue Subject | $825,000* List Price | 4 | 0 | 2,066 | $333 | - |
A 1205 Grand Avenue Sold | $750,000 | 4 | 0 | 2,535 | $296 | 0.2 mi |
B 611 Hendley Street Active | $899,000 List Price | 0 | 0 | 1,918 | $469 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1915, the property has undergone significant updates including a newer roof (less than 2 years old) and a recently updated kitchen with granite countertops and newer cabinetry. The interior features modern recessed lighting and well-maintained flooring, making it move-in ready and functional for tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2066, other record living area = 1450.
MUST SEE!!!!! Excellent investment opportunity featuring TWO SEPARATE DETACHED HOMES with two income streams! 1001 Temple Ave offers approx. 1,450 SF with 3 bedrooms, 2 full baths and a 2-car garage. Recently updated with granite countertops and cabinets, plus a newer roof less than 2 years old. Currently rented at $2,900/month with potential rent of approximately $3,000-$3,200/month. The second detached home at 922 Ware Ave features 1 bedroom, 1 full bath and is currently rented at $2,100/month. Combined current rental income is $5,000/month or $60,000 annually. Both properties have excellent tenants on month-to-month leases who would like to stay, providing immediate rental income with future flexibility. Great opportunity for investors, 1031 Exchange buyers, owner-occupants or multigenerational living. Two detached homes, established rental income and future upside in one Santa Rosa investment! Two Homes. Two Income Streams. One Investment. MUST SEE!!!!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,066 | 2,601.556 |
| Lot Size | 6,200 | 6,519.556 |
| Price | $825.0K | $817.2K |
| Price per sq ft | $399 | $373 |
| Built year | 1915 | 1973 |
| HOA | $0 | $128 |
| Days on market | 9 | 71 |
Aug 31, 2026
$825,000
Initial Listing
May 26, 2022
$850,000
Public Record
Sep 14, 2009
$350,000
Public Record
Feb 13, 2009
$200,000
Public Record
Sep 11, 2003
$429,000
Public Record
Jun 4, 1997
$166,000
Public Record