$2,300,000 Price Analysis    ♡   Ukiah, CA 95482 16 bed None bath 9,150 SqFt ($251/SqFt) 1.02 acre lot. Built 1947 Listed 2024-05-03 | May be USDA loan restricted due to income limits near Ukiah |
A fantastic multi-family investment opportunity in South Ukiah
This well-maintained 16-unt apartment complex offers good cash flow with a stable tenant base, C-1 zoning and four 4-plexes on four separate legal parcels. The 1 bedroom/1 bath, 572+/- square foot units offer an open kitchen/living room layout, bright roomy bathrooms and individual attached carports. Very clean complex with many recent upgrades including newer roof and exterior paint, dual pane windows and new vinyl flooring, interior paint, kitchen cabinets and appliances in several units during the current ownership.
Conveniently located close to Ukiah's busy Airport Blvd. shopping area, schools and freeway access. Ukiah is in the heart of Mendocino County Wine Country, 2 hours north of the Golden Gate Bridge and 1 hour to the Sonoma County Airport.
Presented by Marcia Morgan Lazaro at
Coldwell Banker Mendo Realty.
Property MLS #324031803 from Bareis
Free Standing Electric Range
Free Standing Refrigerator
Window Features: Dual Pane Full
Covered Spaces: 16
Open Parking Spaces: 12
Parking Features: Attached, Carport, Covered, Off Street
Parking Total: 16
Lot Size Acres: 1.02
Lot Size Square Feet: 44431
Calculated Total Monthly Association Fees: 0
Number of Units: 16
Number of 1 Bedroom Units: 16
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
Unit-1 Description: 530A
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: Airport Blvd.
Directions: 101 N. or S. to Talmage Street exit and head west. Turn right at first stoplight (Airport Blvd.) and then an immediate left. Property on right.
Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Any offer of compensation is made exclusively to Broker Participants of the MLS where the subject listing is filed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Rapattoni Corporation. All rights reserved. U.S. Patent 6, 910, 045
Source Property Type: Residential Income
Area: Ukiah
Source Neighborhood: Ukiah
Zoning: C-1
Property Subtype: 5 or More Units
Source System Name: C2C
$2,300,000
Bareis
Sold 2022-03-11
$1,950,000
Bareis
Year Built: 1947
Construction Materials: Block, Stucco, Wood
Foundation Details: Slab
Levels: One
Property Age: 77
Property Condition: Updated/Remodeled, Varies by Unit
Roof: Composition
Structure Type: Apartments, Condominiums
Architectural Style: Traditional
Cable Available
City
Electric
Internet Available
Water Source: Public
Security Features: Carbon Mon Detector, Smoke Detector
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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.