Excellent investment or owner-occupier opportunity for a remodeled duplex in the coveted Russian River location of Forestville, CA. Situated on a level lot just steps away from Mom's Beach, this recently updated building consists of a 2BR/2BA + Bonus Room flat (+/-1,740 SF) on the top level and a 2BR/1BA flat (+/-940 SF) on the second level. The structure was recently lifted by 15ft as of November 2023 providing a sizable ground floor space that can be used for storage. Interior upgrades include remodeled kitchens and bathrooms, updated flooring and fixtures, all new electric appliances, new furnace and AC in upper unit, new mini-split HVAC in lower unit and new stacked washer/dryers in each unit. Additional property improvements include all new plumbing and electrical, new roofs (2022), downspouts, and gutters, almost all dual-pane windows, a new leach field for the septic system and new exterior paint. There is an attached 1-car garage and additional off-street parking spaces. Multiple use cases including as a primary residence, a vacation home, and/or as a short or long-term rental property. Great location in western Sonoma County with easy access to Forestville and Guerneville.
Investment Gem Near Russian River Beaches - This unique property, a short walk to river beaches and local market, offer maximum versatility. Originally a single-family home, now a beautifully adapted three-unit dwelling, it offers an array of living options. The top floor unveils a luxuriously renovated three-bedroom, two-bath retreat where the feel is all comfort and style. Below, flexibility defines the ground level with a space that can transform from a two-bedroom, two-bath setup into separate one-bedroom one-bath and studio units, perfect for vacation rentals or long-term tenants. Each unit has independent access, set within low-maintenance, picturesque grounds. Fully updated to turnkey perfection, it's an enticing proposition for those seeking to combine lifestyle with financial return, all within a coveted location. Ideal for true investors, boasting a 6.5-7% cap rate at long-term rent rates plus the ability to select your own tenants and at fair market rates. This gorgeous property also invites the option to reside upstairs while benefiting from rental income below. Beautifully renovated from top to bottom. Seize this multifaceted investment opportunity. Check out the video in the virtual tour link on the platform you're browsing.
Welcome to this remarkable, updated and recently lifted 4BD + bonus BD and 3BA property (legal duplex) in a highly desirable Forestville river location. Nestled amongst redwoods with abundant sun and only steps away from delightful Mom's Beach. The structure's elevation was finalized in Nov 2023 after a 1yr construction period and with a $600k expense shared by FEMA/Seller. Robust income producing potential or a place to call home. The upper unit is ~ 1740 sqft and offers 2BDs + bonus BD, 2BAs, a very large open living room, dine-in kitchen, a formal dining area and great outside deck space. The tastefully remodeled lower unit of ~940 sqft is a must see and presents 2BDs/1BA as well as multiple outdoor decks. An elegant kitchen and bathroom. All new plumbing and electrical from ground to lower level. Each unit has its own laundry and there is a large 1+ car garage as well as plentiful uncovered parking. Numerous updates incl: just completed exterior painting and partial interior, roof/gutters/downspout in 2022, all electric appliances, furnace and AC in upper unit, mini-split HVAC in lower unit, leach field installed w/permit, new double pane windows except in upper unit kitchen and bathroom. Only mins to the amenities in downtown Forestville or Guerneville. Airbnb income
Located across the street from Speers Market. Built in 2007, these Affordable Housing Units have been continuously rented since purchased in 2016. Both are 3 bedroom 1 bath units with indoor laundry, separate yards and 1 car garages. They can not be owner occupied.
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Forestville is located in California. Forestville, California has a population of 3,658. Forestville is less family-centric than the surrounding county with 21.61% of the households containing married families with children. The county average for households married with children is 30.47%.
The median household income in Forestville, California is $59,474. The median household income for the surrounding county is $71,769 compared to the national median of $57,652. The median age of people living in Forestville is 51.7 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 43.8 inches per year, with 0 inches of snow per year.
