Exceptional investment opportunity near Downtown Santa Rosa! This extensively improved triplex generates $6,300 per month in gross rental income ($75,600 annually) and has undergone substantial upgrades within the past year. Recent improvements include a new roof, significant infrastructure upgrades, and numerous interior and exterior enhancements. All three units have benefited from various updates, including paint, flooring, lighting, kitchen improvements, and select bathroom upgrades. With major capital improvements already completed, this property offers investors an attractive opportunity to acquire a well-maintained, income-producing asset with reduced near-term maintenance concerns. Ideally situated near Historic Railroad Square and Downtown Santa Rosa, with convenient access to shopping, dining, transportation, and local amenities. Combining strong rental income, extensive recent improvements, and a central location, 108 Sebastopol Avenue presents a compelling opportunity for investors looking to expand their multifamily portfolio or owner-occupants seeking to live in one unit while benefiting from rental income from the others.
Multi-familyProperty Type
1945Year Built
5,435 sq ftLot Size
$654Price/Sq.Ft.
9 spacesParking
Listed by Isaiah Chass•DRE #02080155• Livxplore Real Estate & Lifestyle
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Luther Burbank Elementary School
Public K-6 • Assigned • 0.3mi
5/10
Santa Rosa Middle School
Public 7-8 • Assigned • 1.0mi
2/10
Elsie Allen High School
Public 9-12 • Assigned • 2.0mi
2/10
Provided by GreatSchools
About Olive
Corby
Olive Corby, located between Downtown Santa Rosa and the Junior College area, is a historic and residential Santa Rosa neighborhood with tree-lined streets and early-20th-century architecture. The neighborhood’s character concentrates around the Mendocino Avenue and College Avenue corridor, where sidewalk cafes, indie eateries, and small storefronts set a steady, walkable rhythm. Craftsman bungalows and vintage cottages sit beside a few small apartment buildings, giving the blocks a layered, lived-in look. The DeTurk Round Barn anchors local history with a distinctive circular silhouette. Nearby, the Luther Burbank Home & Gardens adds a quiet cultural counterpoint of heritage landscaping and museum rooms. A short hop away, Railroad Square frames the area’s rail-era brickwork with galleries and tasting rooms.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Updated and remodeled
Bedrooms
Three one-bedroom units
Bathrooms
Two full bathrooms; a bathroom is not specified for the third unit
Kitchen
Free-standing electric ranges, free-standing refrigerators, electric water heaters
Laundry & utility
Other laundry features
Heating & cooling
Electric, natural gas, and wall furnace heating; heating varies by unit
No cooling
Exterior features
Fenced yard
Front landscaping
Automatic front and rear sprinklers
Home design
Triplex
One story
Parking
Off-street parking for 9 vehicles
Security
Carbon monoxide detector
Smoke detector
Construction
Composition shingle roof
Utilities
City utilities
Natural gas connected
Public sewer
220-volt electric service
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
Multi-Family Residential District - 18 du per acre
The R-3 zoning districts are applied to areas of the City appropriate for residential neighborhoods with medium and higher residential densities, to provide home rental and ownership opportunities, and to provide a full range of choices in housing types to improve access to affordable housing. The maximum allowable density ranges from 8 to 30 dwellings per acre, with the specific allowable density for each parcel shown on the zoning map by a numerical suffix to the R-3 map symbol see Section 20-22.040. Densities of more than 30 dwellings per acre may be allowed within the Mixed Use land use designation of the General Plan; The R-3 zoning districts implement and are consistent with the Residential Medium Density and Medium High Density land use classifications of the General Plan.
Permitted uses
Include but are not limited to:
Agriculture-Other
Day care facility
Healthcare-Other
Housing-Group
Housing-Multiple units
Housing-Student
Housing-Other
Infrastructure-Other
Housing-Mobile home park
Mar 30, 2026 • Final
Residential addition-alteration
Roofing
Jul 25, 2019 • Final
Residential electrical
Replace an existing electrical panel with a new electrical panel.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
15 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Santa Rosa, CA • 95407
Average low and high temperatures (°F)
62
39
63
43
70
45
67
46
74
50
77
52
78
53
83
54
80
56
78
50
65
45
58
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 108 Sebastopol Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $625,000 and $760,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $625K to $760K.