
Santa Rosa, CA 95404
This Value-Add Residential Asset is listed at $499,000, representing a market-aligned entry point relative to its $468,302 Fair Market Value. Boasting an Expansive 5,998 sqft Lot and a Condition Rating of 4, the property offers significant potential for forced appreciation through modernization. While the layout includes Granite Countertops, the 1952 structure requires a Cosmetic Refresh and system updates to maximize its utility. Ideally located near elementary schools and shopping, this property is a strategic Acquisition for Fix-and-Flip Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1048 San Clemente Drive Subject | $499,000* List Price | 2 | 1 | 877 | $534 | - |
A 1005 Temple Avenue Sold | $420,000 | 2 | 1 | 960 | $438 | 0.6 mi |
B 929 Hendley Street Sold | $370,000 | 3 | 1 | 917 | $403 | 0.6 mi |
C 764 Mill Street Sold | $530,000 | 2 | 2 | 809 | $655 | 0.9 mi |
D 507 Earle Street Sold | $465,000 | 2 | 1 | 894 | $520 | 0.8 mi |
E 609 Brown Street Sold | $568,000 | 2 | 1 | 1,006 | $565 | 0.8 mi |
F 929 Hendley Street Pending | $395,000 List Price | 3 | 1 | 917 | $431 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952 with a mid-range renovation likely 15-20 years ago featuring granite countertops and laminate flooring. The property is dated, utilizes an older wall heater rather than central HVAC, and requires cosmetic updates and minor repairs throughout as noted in the listing description.
The property is ideally situated near an elementary school and local shopping centers, offering excellent convenience for families and daily commuters.
Featuring a generous 5,998 sqft lot with a large yard, this property provides significant potential for outdoor living, gardening, or future expansion like an ADU.
Priced competitively for the Santa Rosa market, this home serves as a blank canvas for investors or buyers looking to build equity through personalized renovations.
With only 877 square feet of living space and a 2-bedroom, 1-bathroom layout, the home may be too small for larger families or those requiring more functional space.
Built in 1952 and described as needing a refresh, the property likely requires additional capital investment to update its systems and aesthetic to modern standards.
Opportunity awaits! This home sits on a large lot with an expansive yard, offering endless possibilities. Inside, you'll find granite countertops and a layout ready to be refreshed with your vision. Ideally located close to an elementary school and nearby shopping, this property is full of potential for investors or buyers looking to customize their next home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 3.0 | 14% |
| Square foot | 877 | 1,969.5 | 2% |
| Lot Size | 5,998 | 10,436.98 | 22% |
| Price | $499.0K | $832.5K | 22% |
| Price per sq ft | $569 | $479 | 81% |
| Built year | 1952 | 1975 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 214 | 1% |
Apr 20, 2026
$499,000
Initial Listing
Nov 24, 1993
$117,500
Public Record