10540 Lansing St Mendocino, CA 95460
Estimated payment $7,441/month
Highlights
- Very Popular Property
- Corner Lot
- Baseboard Heating
- Mendocino High School Rated 9+
- Landscaped
- 1-minute walk to Russian Gulch State Park
About This Home
Prime Mixed-Use Investment Opportunity in the Heart of Mendocino Village ! Discover a remarkable and highly profitable income property located in the vibrant heart of the iconic historic village of Mendocino. This versatile, 4-unit mixed-use building spans approximately 3392 square feet, perfectly balancing commercial success with coastal residential charm. The property features: Prime Commercial Retail Space in an expansive, highly visible storefront (~1,688 sq. ft.) commanding excellent foot traffic in a coveted downtown location. The Historic Water Tower (Unit 1): A truly unique, quintessential Mendocino residence (~527 sq. ft.) featuring a loft bedroom with ocean views. Residential Unit 2: A comfortable and spacious two-bedroom, one-bathroom unit (~770 sq. ft.), Studio Unit: An efficient, cozy, ground level studio space (~420 sq. ft.). Situated on a desirable corner lot just blocks from the ocean bluffs, Big River, beach and state park trails. Home and pest inspection reports are available.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978 | Remodeled
Lot Details
- 5,227 Sq Ft Lot
- Landscaped
- Corner Lot
Interior Spaces
- 3,392 Sq Ft Home
- Multi-Level Property
- Washer and Dryer
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- On-Street Parking
- Uncovered Parking
Utilities
- No Cooling
- Baseboard Heating
- Water Filtration System
- Private Water Source
- Well
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Gross Income $114,240
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,463 | $1,044,521 | $406,201 | $638,320 |
| 2023 | $12,147 | $1,003,963 | $390,429 | $613,534 |
| 2022 | $12,355 | $984,278 | $382,774 | $601,504 |
| 2021 | $12,142 | $964,979 | $375,269 | $589,710 |
| 2020 | $11,039 | $955,080 | $371,420 | $583,660 |
| 2019 | $10,908 | $936,360 | $364,140 | $572,220 |
| 2018 | $10,732 | $918,000 | $357,000 | $561,000 |
| 2017 | $10,388 | $900,000 | $350,000 | $550,000 |
| 2016 | $8,296 | $717,645 | $247,226 | $470,419 |
| 2015 | $8,269 | $706,867 | $243,513 | $463,354 |
| 2014 | $8,045 | $693,026 | $238,745 | $454,281 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2026 06/13/26 | For Sale | $1,175,000 | -- | $346 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $900,000 | Redwood Empire Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Commercial |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 326052352
APN: 119-234-05-00
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Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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