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121 1st Street, Woodland, CA 95695, Woodland, 95695 - 6 bed, 4 bath

121 1st Street, Woodland, CA 95695 home-pic-0
ACTIVE$1,049,000$2,714/sqft
121 1st Street, Woodland, CA 95695
6Beds
4Baths
2,714Sqft
11,221Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Multi-Unit Income Potential: The property offers significant rental income with a 3-bed, 2-bath main house and a detached duplex (2-bed, 1-bath and 1-bed, 1-bath units), currently generating $6,520/month, making it ideal for investors or owner-occupants seeking passive income.
Top Cons:
Recent Price Appreciation & Valuation: The property was sold in July 2024 for $945,000 and is now listed at $1,049,000, representing a significant price increase in a short period that may warrant buyer scrutiny regarding current market valuation.

Compared to the nearby listings

Price:$1.05M vs avg $777.0K (+$272,000)50%
Size:2,714 sqft vs avg 1,357 sqft50%
Price/sqft:$387 vs avg $19350%

More Insights

Built in 1881 (145 years old).
Condition: The main house was fully rebuilt/remodeled from the studs up in 2024, including new roofs, windows, electrical, plumbing, HVAC, and all interior finishes like tile showers, laminate & tile flooring, quartz countertops, cabinetry, and appliances. This meets the 'extensively renovated within 5 years' criteria for an excellent rating. The images confirm a modern, virtually new aesthetic in the main house's kitchen and bathrooms. While the detached duplex units show a slightly less high-end finish in their kitchens and bathrooms, they are still very clean, updated, and well-maintained with modern mini-split HVAC systems, contributing to an overall excellent condition for the entire property.
Year Built
1881
Close
-
List price
$1.05M
Original List price
-
Price/Sqft
$387
HOA
$0
Days on market
-
Sold On
-
MLS number
225088521
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Incredible opportunity to own a fully rebuilt/remodeled single family home in Downtown Woodland PLUS a duplex in the back! Just 16 minutes from UC Davis, this turnkey property includes a 3 bed, 2 bath, 1,504 sqft front house and a detached duplex w/ alley access. Property also includes a 1,128 sqft 4-car garage (two, 2-car garages) + RV/boat parking for the main home. The 4 car garage offers even more income potential if converted to a ADU. Main house was rebuilt with permits from the studs up in 2024, including new roofs, windows, electrical, plumbing, HVAC, tile showers, laminate & tile flooring, quartz countertops, cabinetry, appliances, & landscaping. The main home features a basement with potential for a wine cellar or game room & is currently rented for $3,050/month (Lease ending 7/31/25). The duplex includes Unit 121A (2 bed, 1 bath, 693 sqft, $1,820/month) & Unit 121B (1 bed, 1 bath, 517 sqft, $1,650/month), both with private laundry. Zoning allows mixed-use. Prime location within walking distance to restaurants, shops, library, & more. Ideal for investors or owner-occupants seeking rental income - don't miss out on viewing this property!

M
Matthew McNicholas
Listing Agent

Price History

Date
Event
Price
07/11/24
Sold
$945,000
Condition Rating
Excellent
The main house was fully rebuilt/remodeled from the studs up in 2024, including new roofs, windows, electrical, plumbing, HVAC, and all interior finishes like tile showers, laminate & tile flooring, quartz countertops, cabinetry, and appliances. This meets the 'extensively renovated within 5 years' criteria for an excellent rating. The images confirm a modern, virtually new aesthetic in the main house's kitchen and bathrooms. While the detached duplex units show a slightly less high-end finish in their kitchens and bathrooms, they are still very clean, updated, and well-maintained with modern mini-split HVAC systems, contributing to an overall excellent condition for the entire property.
Pros & Cons

Pros

Multi-Unit Income Potential: The property offers significant rental income with a 3-bed, 2-bath main house and a detached duplex (2-bed, 1-bath and 1-bed, 1-bath units), currently generating $6,520/month, making it ideal for investors or owner-occupants seeking passive income.
Extensive Recent Renovation: The main house was fully rebuilt/remodeled from the studs up in 2024 with permits, including new roofs, windows, electrical, plumbing, HVAC, and modern finishes, ensuring a turnkey property with minimal immediate maintenance needs.
Prime Downtown Location: Situated in Downtown Woodland, the property boasts a highly desirable location within walking distance to restaurants, shops, and the library, plus it's just 16 minutes from UC Davis, enhancing its appeal to renters and residents.
ADU Conversion & Ample Parking: A substantial 1,128 sqft 4-car garage presents excellent potential for conversion into an Additional Dwelling Unit (ADU) for further income, alongside dedicated RV/boat parking for the main home.
Mixed-Use Zoning & Versatility: The property's mixed-use zoning provides flexibility for various future uses beyond residential, catering to a broader range of potential buyers and investment strategies.

Cons

Recent Price Appreciation & Valuation: The property was sold in July 2024 for $945,000 and is now listed at $1,049,000, representing a significant price increase in a short period that may warrant buyer scrutiny regarding current market valuation.
Management Complexity: Operating a triplex (main house + two duplex units) entails substantial landlord responsibilities, including tenant screening, lease management, and maintenance coordination across multiple units, which can be demanding for some buyers.
Potential for Tenant Turnover: While current rental income is strong, the main house lease ends July 2025, meaning a new owner will need to manage lease renewals or find new tenants, potentially leading to temporary vacancies or additional effort.
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