
Santa Rosa, CA 95404
This 1927 vintage triplex represents a Strong Value Opportunity, listed at a List Price of $850,000—positioned well below the $852,712 Fair Market Value by 0.32%. Featuring a Condition Rating of 3, the property offers stable rental income with updated kitchens and bathrooms. With a total monthly income of $6,200, this asset provides immediate cash flow in a prime downtown location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained, income-producing property with long-term demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 870 3rd Street Subject | $850,000* List Price | 0 | 0 | 2,242 | $380 | - |
A 838 Wheeler Street Sold | $1,050,000 | 6 | 0 | 2,484 | $423 | 0.5 mi |
B 900 Cherry Street Active | $995,000 List Price | 3 | 3 | 2,104 | $473 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1927, the property has been well-maintained with updated kitchens and bathrooms featuring stone countertops and modern vanities. A 2020 roof replacement on Unit 3 and functional interior systems indicate it is move-in ready and avoids the 'Fair' category despite its chronological age.
Situated just minutes from Downtown Santa Rosa's dining and entertainment hub, ensuring high tenant demand and long-term desirability.
With a total monthly income of $6,200 from three units, the property offers a stable and immediate return on investment for buyers.
The property blends 1920s character with essential modern updates, including renovated kitchens, bathrooms, and individual interior laundry for each unit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2242, other record living area = 1752.
Limited on-site parking via a shared driveway forces reliance on the city's residential permit program for street parking, which may deter some tenants.
The small 4,038 sqft lot provides only a modest shared backyard, offering limited private outdoor space for residents.
Charming 1927 Vintage-Triplex offering an exceptional investment opportunity just minutes from Downtown Santa Rosa's shopping, restaurants, entertainment, and community events. This well-maintained property features three 1-bedroom, 1-bath units, each offering a living room, interior laundry, original hardwood floors, and updated kitchens and bathrooms. Two of the units are single-story, while Unit 3 is located at the rear of the property and includes an additional finished room, offering flexible space for a variety of uses. Unit 3 also includes accessible features, providing added flexibility for a variety of tenant needs. Current monthly rents are $2,150, $2,100, and $1,975, providing strong, stable income, with few vacancies and strong demand. Residents enjoy a shared gravel driveway and a small shared backyard area. Convenient street parking is also available through the City's monthly residential permit program (Confirm with the City). Recent improvements include the replacement of the Unit 3 roof in 2020. Blending timeless 1920s character with thoughtful updates and a prime location, this property presents an outstanding opportunity to own a quality income-producing investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,242 | 2,601.556 |
| Lot Size | 4,038 | 6,519.556 |
| Price | $850.0K | $817.2K |
| Price per sq ft | $379 | $373 |
| Built year | 1927 | 1973 |
| HOA | $0 | $128 |
| Days on market | 61 | 71 |
Jul 10, 2026
$850,000
Initial Listing
Aug 16, 2012
$373,000
Public Record