1243 Ripley StSanta Rosa, CA 95401

Property Details for 1243 Ripley St

Lot size

0.20 AC

Property type

Residential income homes

Property subtype

Serviced apartments

APN

180-740-065-000

APU

180740065000

Description

This exceptional investment opportunity presents a 3,576 square foot, two-story single-family home located at 1243 Ripley St, Santa Rosa, CA 95401. Built in 1975, this property sits on an 8,712 square foot lot and is zoned R-3-18-H. Previously used as transitional housing, deed restrictions have been removed, opening the property to various uses including single-family, farmworker housing, emergency shelter, or other similar housing applications. The home features approximately 2,000 square feet on the ground floor and 1,576 square feet on the second floor. The upper level boasts five bedrooms and two bathrooms. The lower level includes a kitchen, dining, living area, two large restrooms, laundry facilities, three offices, and an open workspace, with potential for additional bedrooms. The property includes an ADA-compliant ramp, city water and sewer connections, one electrical service, central air conditioning, and a fire suppression system. A driveway and parking area are located south of the building. Conveniently situated in Northeast Santa Rosa's Ridgway preservation district, this property offers easy access to Santa Rosa Junior College (SRJC), US Highway 101, Kaiser Hospital, and downtown Santa Rosa. The asking price is $710,000. This well-maintained home presents a strong foundation for various housing adaptations, making it an attractive investment for discerning buyers. The property's APN is 180-740-065.

• CAP approach

  CAP return

  Valuation

  6%

  $2,963,770

  6.5%

  $2,735,788

  7%

  $2,540,374

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,477,861

  Geo Method

  $1,928,044

• Alternative Use

  Use

  Valuation

  Residential

  $2,735,788

  Hospitality

  $2,505,967

  Educational

  $2,084,935

  Medical

  $2,156,639

  Retail

  $3,243,232

Location Insight

City

Santa Rosa

County

Sonoma

State

California

Latitude

38.448

Longitude

-122.725

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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