
Santa Rosa, CA 95401
This High-Potential Investment Opportunity is listed at a List Price of $550,000, positioned above the $490,068 Fair Market Value. While the property requires attention due to its Fair Condition Rating and unpermitted garage conversion, it offers significant utility in the walkable Juilliard Park neighborhood. The 787 sq ft main home features modern conveniences like on-demand hot water, while the 336 sq ft converted space provides flexible expansion potential. This asset is best suited for Buy-and-Hold Investors or Contractors capable of navigating compliance and cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 Juilliard Park Drive Subject | $550,000* List Price | 2 | 1 | 787 | $623 | - |
A 138 W 6th Street Sold | $425,000 | 3 | 1 | 696 | $611 | 0.6 mi |
B 433 Lincoln Street Active | $579,000 List Price | 2 | 1 | 983 | $589 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the property is dated with a kitchen and bathrooms that appear to be 20-30 years old. While functional and move-in ready, the cabinetry shows wear, and the presence of an unpermitted, partially unfinished garage conversion indicates a need for updates and potential remedial work.
Situated in the highly desirable Juilliard Park neighborhood near Art Alley and Luther Burbank Gardens, this property offers exceptional urban walkability and lifestyle appeal.
The 336 sq ft converted garage provides significant flexible space, including a kitchen, bathroom, and office area, offering excellent utility for guests or a home business.
The home features valuable modern conveniences for its vintage, including an on-demand hot water system and a dedicated interior laundry room.
The garage conversion was completed without permits and remains partially unfinished, which may present challenges for traditional financing and future compliance.
At just 787 square feet, the main residence offers a very compact footprint that may feel restrictive for buyers seeking more spacious living areas.
Walkable urban living near Art Alley in the desirable Juilliard Park neighborhood, near Luther Burbank Gardens, is this cute bungalow 2 bedroom, 1 bath, home built in 1949. Located behind metal fencing and gates is the approximately 787 sq ft main home. The open living room flows into the kitchen eating area. The kitchen has wood cabinets, gas range with hood, oven, dishwasher & refrigerator. There are two bedrooms and one full bath with a stall shower. There is also an inside laundry room area with washer, dryer and on demand hot water. Attached is a carport area with stone pavers. Additionally, the 336 sq ft garage was converted (without permits by previous owner) into a kitchen/living room area, full bath, bedroom and office area (some areas are unfinished). Great opportunity at a reasonable price.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 787 | 1,641.729 |
| Lot Size | 3,598 | 7,704.467 |
| Price | $550.0K | $769.4K |
| Price per sq ft | $699 | $501 |
| Built year | 1949 | 1982 |
| HOA | $0 | $133 |
| Days on market | 18 | 45 |
Aug 22, 2026
$550,000
Initial Listing
Apr 11, 2016
$56,000
Public Record
Jun 30, 2000
$133,000
Public Record