17910 OLD MONTE RIO Road, Guerneville, CA 95446, Guerneville, 95446 - 3 bed, 3 bath
17910 OLD MONTE RIO Road
Guerneville, CA 95446
Property Price
SUMMARY
Analysis of 17910 OLD MONTE RIO Road, Guerneville, CA 95446 is currently available with a list price of $675,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Guerneville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained 1923 triplex that has undergone extensive updates to key areas including modern kitchens and bathrooms. It features hardwood floors and is described as turn-key and move-in ready with no immediate renovation required, aligning with the criteria for a property that has been well-maintained and updated within the last 5 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Yield
Boasting a strong 7% cap rate and full occupancy, this triplex offers immediate and reliable cash flow for investors looking for a turn-key asset.
- Favorable Flood Zone Status
Uniquely situated out of the flood zone, the property eliminates the requirement for costly flood insurance, a significant financial advantage in the Russian River region.
- Turn-Key Modern Updates
The units feature updated kitchens, bathrooms, and hardwood floors, providing a modern aesthetic that commands strong rental interest without immediate renovation needs.
CONSRISKS & DEFICIENCIES
- Constrained Parking
With only two on-site parking spaces provided for three separate units, parking logistics may be a point of friction for multi-car households or guests.
- Vintage Infrastructure
Originally built in 1923, the property may present long-term maintenance challenges or require infrastructure upgrades inherent to century-old structures.
About 17910 OLD MONTE RIO Road
At a strong 7 prct cap rate and fully occupied, this turn-key Russian River triplex is the investment opportunity you've been waiting for. Tucked above the Russian River on Old Monte Rio Road, this charming triplex is privately situated out of the flood zone, with no flood insurance required, and just over a mile from Johnson's Beach. Whether you're looking for a long-term investment, vacation rental portfolio addition, or a private second home, this property checks every box. The approximately 2,600 SF triplex offers three units: a studio, a one-bedroom, and a two-bedroom, each updated with modern kitchens and bathrooms, hardwood floors, and partial river views. On-site laundry and two parking spaces round out the amenities. Start your mornings on the balcony overlooking the redwoods, or host guests on the spacious private deck. Enjoy the serenity of the forest while being just minutes from the shops, restaurants, and vibrant charm of downtown Guerneville.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1923
- Lot Size
- 6,050 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.5 | 50% |
| Baths | 3.0 | 3.5 | 50% |
| Square foot | 2,600 | 2,569.5 | 50% |
| Lot Size | 6,050 | 5,950 | 50% |
| Price | $675.0K | $582.0K | 75% |
| Price per sq ft | $260 | $251 | 50% |
| Built year | 1923 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 208 | 25% |
Pricing History
Sold
Feb 28, 2013
$161,000
Public Record
Sold
Jun 29, 2006
$379,500
Public Record
Sold
Nov 20, 2001
$235,000
Public Record
Listed for Sale
$675,000
Initial Listing