Property Details
About this Property
Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex on 2.3 acres offers terrific cash flow and with the recently approved minor subdivision and rezoning, the potential for additional units. The approved minor subdivision creates a separate 1.07 acre parcel and the entire property will be rezoned to R2 zoning. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents and a stable tenant base. All units are 2 bedroom, 1.5 baths with a well-designed and spacious floor plan, large upstairs bedrooms with jack-and-jill bathroom and ample closets, central HVAC, fireplaces and private fenced yards. Amenities include on-site laundry facilities, in-ground pool, and carports plus additional on-site paved parking. Impeccably maintained landscaping with majestic redwoods and underground utilities creates a parklike setting at the end of a cul-de-sac in a desirable centrally located neighborhood. Some AP numbers will change with the recording of the final subdivision maps and re-zoning. Ukiah is in the heart of Mendocino County Wine Country, under two hours to the Golden Gate Bridge and one hour north of the Sonoma County Airport.
MLS Listing Information
MLS #
BA324000359
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
314
Interior Features
Appliances
Dishwasher, Garbage Disposal, Other, Oven Range - Gas
Flooring
Carpet, Laminate, Linoleum, Tile, Varies by Unit
Laundry
Coin Operated
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Composition
Foundation
Slab
Pool
Community Facility
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Carport, Detached, Guest / Visitor Parking, Garage: 1 Car(s)
Elementary District
Ukiah Unified
High School District
Ukiah Unified
Water
Public
HOA Fee
$0
Complex Amenities
Community Pool
Zoning
PD
Contact Information
Listing Agent
Marcia Lazaro
Coldwell Banker Mendo Realty
License #: 01915451
Phone: (707) 972-4204
Co-Listing Agent
John Lazaro
License #: 00928841
Phone: (707) 972-5400
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 2 | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,132 | 2 | 1/1 | $1,950 | – | – |
| 2 | 1,099 | 2 | 1/1 | $1,580 | – | – |
| 3 | 1,176 | 2 | 1/1 | $1,580 | – | – |
| 4 | 1,132 | 2 | 1/1 | $1,650 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
960 Marlene St is a Residential Income in Ukiah, CA 95482. This 22,211 square foot property sits on a 2.3 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,250,000 and was built in 1983. This address can also be written as 960 Marlene St, Ukiah, CA 95482.
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This listing information is up-to-date as of October 24, 2024. For the most current information, please contact Marcia Lazaro, (707) 972-4204
