$750,000 Price Analysis    ♡   Ukiah, CA 95482 8 bed None bath 3,750 SqFt ($200/SqFt) 0.4 acre lot. Built 1976 Listed 2024-07-12 | ✓ USDA Eligible near Ukiah, CA Restrictions may apply due to home size |
Substantially below market rents leaves room for increasing future cash flow!
Note the dfference between the lowest rent and highest rent currently. Huge potential at an already economically competitive price! This could be all for investment or a homebuyer could buy to live in one and rent the others to offset their payments. Plus, as a Fourplex, there is the added benefit of falling into the residential category of Single-Family, 1-4 Unit financing. It's a huge R-2 lot! In fact, there might even be room for an additional unit(s) subject to a prospective Buyer's own further investigation and conclusions after verifying with land planning specialists, surveyors, the City, zoning requirements & the like.
There are existing carports plus street parking, sidewalks, curb and gutter. City services include sewer, water, & trash--plus there is a separate coin-operated laundry room for tenants to use. Stucco exterior provides easy maintenance & an added benefit of superior sound proofing, plus there are many recent upgrades including a newer roof. These four sizeable units contain nearly 950 square feet each and have private back yards, plus there is excess underutilized common area--leaving room for the imagination as to potential additional amenities to consider.
Presented by Lynn McNamara at
Luxe Places International .
Property MLS #324053019 from Bareis
Free Standing Refrigerator
Gas Water Heater
Laundry Features: In Common Area, Washer/Dryer Owned
Heating Features: Wall Furnace
Window Features: Dual Pane Full
Open Parking Spaces: 4
Parking Features: Covered, Off Street, Street
Parking Total: 4
Lot Size Acres: 0.3967
Lot Size Square Feet: 17280
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Number of 2 Bedroom Units: 4
Full Bathrooms in the 1 Bedroom Units: 1
Full Bathrooms in the 2 Bedroom Units: 1
Full Bathrooms in the 3 Bedroom Units: 1
Full Bathrooms in the 4 Bedroom Units: 1
Half Bathrooms in the 1 Bedroom Units: 1
Half Bathrooms in the 2 Bedroom Units: 1
Half Bathrooms in the 3 Bedroom Units: 1
Half Bathrooms in the 4 Bedroom Units: 1
Unit-1 Description: 2 BR 1.5 Bath Townhome
High School District: Ukiah Unified
School District: Mendocino
Middle or Junior School District: Ukiah Unified
Map directions Map directions Map directions Map directionsCounty: Mendocino
Cross Street: Perkins & Oak Manor Drive
Directions: From Highway 101 Exit Perkins Avenue and head East to Oak Manor Drive past Burger King. Turn South (right) onto Oak Manor Drive. It is a short distance to El Rio Street, and turn West (right). Turn left onto El Rio Court, and 380 is on the right side.
Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, ac
Source Property Type: Residential Income
Area: Ukiah
Source Neighborhood: Ukiah
Zoning: R-2
Property Subtype: Quadruplex
Source System Name: C2C
$750,000
Bareis
Year Built: 1976
Construction Materials: Frame, Plaster, Stucco
Foundation Details: Slab
Levels: Two
Property Age: 48
Property Condition: Varies by Unit
Roof: Composition
Structure Type: Townhouses
Architectural Style: Craftsman
Cable Available
City
Internet Available
Natural Gas Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.