2553 Corby Avenue, Santa Rosa, CA 95407, Santa Rosa, 95407 - 0 bed, 0 bath
Loading property details...
2553 Corby Avenue
Santa Rosa, CA 95407
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,256Sq Ft
6,482Lot Size
Property Price
LIST PRICE$839,980
EST. MARKET VALUE
$839,980
SUMMARY
This Residential Income Triplex enters the market at $865,000, representing a stable entry point near its $831,623 Fair Market Value. The asset delivers exceptional cash flow through three 2-bedroom, 1-bath units featuring a Favorable Utility Structure with separate meters to minimize owner expenses. With a Condition Rating of 4, the property presents a clear Value-Add opportunity through interior modernization to capture higher market rents. Boasting private fenced patios and carport parking, this high-demand configuration is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking consistent rental income in Santa Rosa.
Estimated Market Value
$839,980
Based on Realkey algorithm analyzing recent comparable sales in Santa Rosa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2553 Corby Avenue Subject | $839,980* List Price | 0 | 0 | 2,256 | $372 | - |
A 1447 Beachwood Drive Sold | $735,000 | 4 | 2 | 1,808 | $407 | 0.6 mi |
B 487 Hearn Ave Active | $849,000 List Price | 0 | 0 | 1,989 | $427 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1963, this triplex is functional and occupied but shows significant signs of age and deferred cosmetic maintenance. The kitchen features mismatched, worn cabinetry and dated fixtures. Interior details include popcorn ceilings and older wall-mounted heating units. While the property has some updates like dual-pane windows and some newer laminate flooring, it requires modernization in the kitchens and bathrooms to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Favorable Utility Structure
Separate gas and electric meters with tenants paying their own utilities and trash significantly reduces owner overhead and maximizes net operating income.
- High-Demand Unit Layout
The property consists of three 2-bedroom, 1-bath single-level units, a highly rentable configuration that appeals to a broad tenant base and ensures consistent occupancy.
- Enhanced Tenant Amenities
Each unit features private fenced back patios, dual-pane windows, and carport parking, which are premium features that justify higher rents and improve tenant retention.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1963, the property may require ongoing capital expenditures for aging systems such as plumbing or electrical, despite being currently well-maintained.
- Shared Access Limitations
The property is accessed via a shared lane, which can occasionally present challenges regarding shared maintenance responsibilities and limited space for guest parking.
About 2553 Corby Avenue
6.25 Starting Cap Rate + ADU Conversion Potential! This exceptional Southwest Santa Rosa triplex is an investor's dream featuring three cash-flowing 2-bedroom, 1-bathroom units, plus a massive value-add upside. The property already features 4 Separate PG&E Electric & Gas meters. The 4th meter exclusively services the current common laundry room, offering a seamless, cost-effective opportunity to possibly convert the space into a 4th income stream as a studio ADU without the nightmare of utility split expenses or city meter delays. Tucked down a quiet shared lane, the single-level property boasts low-overhead operations with tenants paying their own gas, electric, and trash. Features energy-efficient dual-pane windows, private fenced patios for each unit, and 6 total parking spaces (3 carports). Turnkey today with great upside for tomorrow. Schedule your tour now!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1963
- Lot Size
- 6,482 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,256 | 2,601.556 |
| Lot Size | 6,482 | 6,519.556 |
| Price | $840.0K | $817.2K |
| Price per sq ft | $372 | $373 |
| Built year | 1963 | 1973 |
| HOA | $0 | $128 |
| Days on market | 163 | 71 |
Pricing History
Listed for Sale
Jul 10, 2026
$839,980
$849,000
-1% Price Drop
Initial Listing
Price Change
Jun 4, 2026
$849,000
$865,000
-2% Price Drop
Initial Listing
Price Change
May 6, 2026
$865,000
$879,000
-2% Price Drop
Initial Listing
Price Change
Mar 30, 2026
$879,000
Initial Listing