Listing Details

About Property

Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex offers terrific cash flow and a stable tenant base. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents. 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. The City of Ukiah recently approved a minor subdivision and rezoning creating a separate 1.07 acre parcel that is not included in this offering, and the entire property will be rezoned to R2 zoning. 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.

 
Quick Info

960 Marlene StUkiah, CA 95482

$3,780,000

22,211sq.ft.
1.23acre lot

Property Details

  • Address960 Marlene St
  • City, ZIPUkiah, CA 95482
  • MLS #324084737
  • Price$3,780,000
  • TypeResidential Income
  • Subtype5 or More Units


  • Sq Ft22,211
  • Year Built:1983
  • County:Mendocino
  • FlooringCarpet,Laminate,Linoleum,Tile,Varies by Unit
  • AppliancesDishwasher,Disposal,Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater
  • Laundry FeaturesCoin Operated,In Common Area,Other
  • Cooling FeaturesCentral
  • Heating FeaturesCentral
  • Garagre Spaces1
  • Carport Spaces18
  • Total Parking Spaces38
  • Parking FeaturesCarport,Detached,Guest Parking Available,Uncovered
  • Exterior FeaturesFenced Yard,Swimming Pool,Yard Space
  • Lot Square Feet53,579
  • Lot Size Acres1.23 Acres
  • Lot DescriptionCul-De-Sac,Curb(s),Curbs/Gutters,Landscape Front,Sidewalk
  • Lot Size SourceNot Verified
  • Zoning:R2-Rezoning approved and pending recordation
  • ViewGarden/Greenbelt,Hills,Varies by Unit
  • Security FeaturesCarbon Mon Detector,Double Strapped Water Heater,Smoke Detector,Varies By Unit
  • UtilitiesCable Available,City,Internet Available,Natural Gas Connected
  • Accessibility FeaturesVaries By Unit

Location

Listing Provided by: Marcia M Lazaro, Coldwell Banker Mendo Realty

Broker Reciprocity

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Ron represented me twice in recent years on the listing and sale of two investment properties. His vast knowledge and experience in real estate made for trouble free and expedient transactions. Ron’s communication and negotiation skills are top notch. Highlighting Ron’s genial personality, it was a pleasure to have him represent me.

— Glenn S.

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