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870 3rd Street, Santa Rosa, CA, 95404

3beds
3baths
2,469sqft
$850,000
$344price/sqft
$5,627/moest. monthly cost
$225,080/yrincome needed

About This Home

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 $1,950, 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.

Getting Around

96
WalkingWalker's Paradise
46
TransitSome Transit
70
BikeVery Bikeable

Schools

2/10
Santa Rosa Middle SchoolGrades 7-80.2 mi
7/10
Montgomery High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1927

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Architectural style: Vintage
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Unit 1 - Beds: 3,Baths: 3,Square Footage: 2289 | Unit 2 - Beds: 0,Baths: 0,Square Footage: 2242 | Unit 3 - Beds: 0,Baths: 0,Square Footage: 2242 | Unit 4 - Beds: 0,Baths: 0,Square Footage: 2242
  • Flooring: Laminate,Tile,Wood

Heating & Cooling

  • Heating features: Baseboard,Central,Wall Furnace,See Remarks
  • Cooling features: None

Interior Area

  • Total structure area: 2,469
  • Total interior livable area: 2,469 sqft

Property

Details

  • Parcel number: 009062016000
  • Special condition: Standard

Features

  • Levels: Lower,Upper
  • Stories: 2

Lot

  • Lot size: 4,038 sqft
  • Features: Shape Regular

Parking

  • Total spaces: 2
  • Parking features: Uncovered
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in Sonoma County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,298$51,576
Home Insurance *$242$2,904
Property Taxes $558$6,696
Electricity $529$6,353
Total$5,627$67,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,925/yr
40% on housing$168,810/yr
45% on housing$150,053/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$344This listing

vs Other Active Listings

Avg $/sqft

ZIP 95404$647
Sonoma County$599

vs Homes Sold Last Month

Median $/sqft

ZIP 95404$503
Sonoma County$504

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$850,000
2012-08-16Sold$373,000

For Sale by Agent

AgentRhonda L Alderman
BrokerageKeller Williams Realty

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