540 S Cloverdale Boulevard, Cloverdale, CA 95425, Cloverdale, 95425 - 2 bed, 2 bath
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540 S Cloverdale Boulevard
Cloverdale, CA 95425
ACTIVE
CONDITION: GOOD
2Beds
2Baths
2,720Sq Ft
26,681Lot Size
Property Price
LIST PRICE$1,400,000
SUMMARY
Three (3) residences on one lot: Main House, Bungalow and Studio. This one-half acre property offers multiple turn-key residential and investment options: Option #1: Perfect for a family compound with a quintessential California indoor-outdoor lifestyle. Option #2: A unique investment opportunity with 3 residential incomes. Option #3: An owner-occupant seeking added rental income from rental units. The main Mid-Century house, remodeled in 2017 with permits, is a 2,720 square foot 2-story house with a full bedroom and bath on each floor. The main floor features an open kitchen, dining room and living room, and interior laundry room. The large front deck enhances the clean modern lines and feels like an extension of the home itself, a virtual living room. Floor-to-ceiling windows wrap the dining and living areas. The house sits beyond a private electric gate. The house has an attached 1000 square foot garage/studio with half bath that can house an RV. A separate building houses a studio apartment and a Bungalow. The Bungalow is 2-bedroom/2 bath, approximately 1200 square feet, fenced with its own yard. The 255 square foot Studio fronts on S. Cloverdale Boulevard, perfect as a studio apartment or home office. All units have their own access and parking. All currently-tenanted. Within city limits with city services.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is move-in ready and features a main Mid-Century residence that was extensively remodeled in 2017 with permits. It offers a modern open-concept kitchen, floor-to-ceiling windows, and updated flooring. While the renovation is high-quality and the units are described as turn-key, the updates occurred approximately 7-8 years ago, placing it firmly in the 'good' category rather than 'excellent' based on the 5-year renovation threshold.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26681, living area = 2720.
- Multi-Unit Income Potential
The property features three distinct residences on a single lot—a main house, a bungalow, and a studio—providing exceptional flexibility for multi-generational living or a high-yield investment with three separate rental streams.
- Modernized Main Residence
The 2,720 sqft Mid-Century main house was extensively remodeled in 2017 with permits, offering contemporary open-concept living, floor-to-ceiling windows, and a large designer deck that serves as an outdoor living room.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
- Tenant Management
All three units are currently tenanted, which may complicate immediate owner-occupancy or require the buyer to navigate existing lease agreements and tenant rights.
- Shared Lot Density
With three separate dwellings and multiple parking areas on a 0.6-acre lot, residents may experience reduced privacy and higher noise levels compared to a traditional single-family home.
About 540 S Cloverdale Boulevard
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 26,681 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,720 | 1,651.111 |
| Lot Size | 26,681 | 9,018.611 |
| Price | $1.40M | $659.9K |
| Price per sq ft | $515 | $435 |
| Built year | 1949 | 1983 |
| HOA | $0 | $387 |
| Days on market | 411 | 52 |
Pricing History
Listed for Sale
Sep 8, 2025
$1,400,000
Initial Listing
Sold
Aug 17, 2021
$1,250,000
Public Record
Sold
Jun 9, 2017
$465,000
Public Record