$1,950,000
SOLD MAR 11, 2022

530 Talmage Rd Ukiah, CA 95482

16 Beds
10 Baths
9,150 Sq Ft
1 Acres

Recently Sold

$213 Per Sq Ft

7% Below List Price

148 Days on Market

Highlights

  • Downtown View
  • Corner Lot
  • Heating Available
  • Engineered Wood Flooring

About This Home

As of March 2022

16 Units on 4 Separate Legal Lots with 1 Fourplex Per Lot. 4 Lots Allow for the Potential to Attain SFR 1-4 Financing on Each Fourplex, (All to Be Sold Together)--OR Finance with Commercial Loan(s). Simple to Maintain, & Under Market Rents Give a HUGE Investment UPSIDE. These Structurally Identical 1BR 1B Units are Easy to Keep Rented & Have Many Good Long Term Tenants ALL Paying Their Rent! Each 1BR Home is Approx 575 Sq Ft in Size - & Has a 234 Sq Ft Covered Carport Under the Same Roof With Potential (Subject to Further Investigation) to Convert Carports into Additional Living Space Increasing to +- 800 Sq Ft Units. Recent New Roofs are on Each Fourplex Already. The setting is Quiet & Attractive With High Trees Shading the Property in the Hub of the City! New Assessor Parcel No.'s Have Been Assigned, & Boundary Line Adjustments Recently Recorded. Actual AP's To Be Included Are 003-150-52, 53, 54, & 55. Includes additional land area for Storage, Laundry, Parking or Recreation.

Last Agent to Sell the Property

Lynn McNamara

Luxe Places International R License #00575586 Listed on: 10/13/2021

Last Buyer's Agent

Lisa Mack

Premier Realty Associates License #02142246

Premier Realty Associates

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1947 | Remodeled

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 9,150 Sq Ft Home
  • 1-Story Property
  • Downtown Views
  • Free-Standing Electric Range

Flooring

  • Engineered Wood
  • Carpet
  • Linoleum
  • Tile

Home Security

Parking

  • 16 Parking Spaces
  • 16 Carport Spaces

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number 003-150-52-00

Community Details

Overview

  • 4 Buildings
  • 16 Units
  • Munson Subdivision

Additional Features

  • Gross Income $170,196
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1947 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Flats
  • Directions To Property: From 101 in Ukiah, Exit Talmage Road and West to 530 - 570 Talmage Road. Located directly across the intersection to the North when leaving Costco and Walmart at the intersection of Talmage Road and Airport Park Blvd.
  • Lot Size Acres: 0.9957
  • Stories: 1
  • CapRate: 4.50
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Carpet, Linoleum, Simulated Wood, Tile, Varies By Unit
  • Price Per Square Foot: 213.11
  • Square Footage: 9150.00
  • NumberOfBuildings: 4

Exterior Features

  • Foundation: Slab
  • Lot Features: Corner
  • Property Condition: Updated/Remodeled, Varies By Unit
  • Roof: Composition
  • View: Downtown

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 16.00
  • Carport Spaces: 16.00
  • Covered Parking Spaces: 16.00
  • Number Of Guest Spaces: 16
  • OpenParkingSpaces: 16.00

Utilities

  • Cooling: Varies By Unit, Window Unit(s)
  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric
  • Water Source: Public
  • Heating: Electric
  • Laundry Features: Other
  • Separate Meters: Electricity

Schools

  • School District: Mendocino
  • Elementary School: Ukiah Unified
  • Middle School: Ukiah Unified
  • Middle/Junior School District: Ukiah Unified

Lot Info

  • Assessor Parcel Number: 003-150-52-00
  • Lot Size Sq Ft: 43374.00

Rental Info

  • TenantPays: Electricity, Trash Collection

Building Info

  • Year Built: 1947

Multi Family

  • One Bedroom Annual Occupancy: 97
  • 1 Bedroom Rent Range: $690 to $925
  • Number Of1 Bedrooms Occupied: 16
  • Number of 1 Bedroom Units: 16
  • NumberOfUnitsTotal: 16

MLS Schools

  • School District (County): Mendocino

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $2,155,000 -1.8% $255 / Sq Ft
05/23/2025 05/23/25 Price Changed $2,195,000 -2.4% $260 / Sq Ft
01/08/2025 01/08/25 Price Changed $2,250,000 -2.2% $266 / Sq Ft
12/02/2024 12/02/24 For Sale $2,300,000 +17.9% $272 / Sq Ft
03/11/2022 03/11/22 Sold $1,950,000 -7.1% $213 / Sq Ft
10/13/2021 10/13/21 For Sale $2,100,000 -- $230 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marcia Lazaro

    Seller's Agent in 2024

    Marcia Lazaro

    Coldwell Banker Mendo Realty

    (707) 462-5400

    65 Total Sales

    Marcia Lazaro
    Section Image
  • John Lazaro

    Seller Co-Listing Agent in 2024

    John Lazaro

    Coldwell Banker Mendo Realty

    (707) 972-5400

    52 Total Sales

    John Lazaro
    Section Image

  • L

    Seller's Agent in 2022

    Lynn McNamara

    Luxe Places International R

    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Mack

    Premier Realty Associates

    (707) 621-9035

    30 Total Sales

    Lisa Mack
    Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321083518

Bay Area Real Estate Information Services (BAREIS)

California Mendocino County Ukiah 95482

530 Talmage Rd, Ukiah, CA

This home is located at 530 Talmage Rd, Ukiah, CA 95482 and is currently priced at $1,950,000, approximately $213 per square foot. This property was built in 1947. 530 Talmage Rd is a home located in Mendocino County with nearby schools including Nokomis Elementary School, Pomolita Middle School, and Ukiah High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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