
Santa Rosa, CA 95407
This duplex represents a High-Potential Investment Opportunity with a List Price of $595,000—positioned slightly above the $580,720 Fair Market Value. While the property requires capital improvements due to its Fair Condition Rating, the expansive 9,901 SqFt lot offers significant upside for future development or ADU expansion. With long-term tenants providing immediate cash flow, this asset is a strategic choice for Buy-and-Hold Investors or Owner-Occupants looking to leverage a value-add project to build long-term equity in the Santa Rosa market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2723 Victoria Drive Subject 0 bd · 0 ba · 1,500 sqft · $387 | $595,000* List Price | 0 | 0 | 1,500 | $387 | - |
A 2721 2723 Victoria Drive Active 4 bd · 2 ba · 1,500 sqft · $397 · 0.0 mi | $595,000 List Price | 4 | 2 | 1,500 | $397 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (66 years old) with no recorded renovations, the property exhibits clear signs of deferred maintenance, including weathered and exposed wood along the roofline and heavily cracked asphalt. While currently occupied by long-term tenants, the listing emphasizes an opportunity to 'customize and create equity,' strongly implying that the kitchens, bathrooms, and core systems are outdated and require significant rehabilitation.
The expansive 9,901 SqFt lot provides significant upside for future expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the property's long-term value.
With long-term tenants already in place, this duplex offers immediate rental income and stability for investors looking for a reliable residential income stream.
Each unit includes a private yard and an attached garage, which are highly sought-after amenities that enhance tenant retention and command competitive market rents.
Built in 1960, the property may require near-term capital improvements or updates to major systems to meet modern efficiency standards and maintain its value.
The presence of long-term tenants often indicates that current rents may be below market value, requiring a strategic plan to align income with current Santa Rosa market rates.
Investment Opportunity in Southwest Santa Rosa - Duplex with Potential. Discover the possibilities with this duplex at 2721-2723 Victoria Drive in southwest Santa Rosa. Each unit features 2 bedrooms, 1 bathroom with a private yard and attached garage, ideal for owner-occupants or rental income, with long-term tenants in place. Conveniently located close to shopping, schools, and commuter routes, it provides both accessibility and long-term upside on a huge 9,900 SqFt lot with room for possible further development and expansion. With strong rental demand in the area, this presents an opportunity to customize and create equity while expanding your investment portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.8 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,500 | 2,666.769 |
| Lot Size | 9,901 | 6,621.077 |
| Price | $595.0K | $880.6K |
| Price per sq ft | $397 | $370 |
| Built year | 1960 | 1973 |
| HOA | $0 | $128 |
| Days on market | 36 | 69 |
Sep 18, 2026
$595,000
Initial Listing