Estimated payment $5,659/month
Highlights
- Vaulted Ceiling
- Ceiling Fan
- Carpet
- 1-Story Property
- Wood Siding
About This Home
Presenting a rare opportunity to acquire an income-generating multi-family property in the heart of Ukiah! This well-maintained asset consists of two single-story buildings situated on a fully fenced 0.28-acre lot, offering five fully-leased residential units with strong rental history. The unit mix includes three two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. All units are ground level, providing ease of access for tenants and minimizing maintenance concerns for ownership. With onsite laundry and parking, the property meets a critical tenant demand in this competitive rental market. Strategically located near Gobbi Street and Highway 101 with easy access to downtown, this asset offers long-term upside and stable cash flow. The property's configuration, tenant stability, and minimal operating complexity make it an ideal addition to any investor's portfolio, whether you're expanding your multi-family holdings or entering the market with a manageable and reliable income property. Don't miss this opportunity to secure a turnkey investment in one of Mendocino County's most sought-after rental markets!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1998
Lot Details
- 0.28 Acre Lot
Home Design
- Garden Apartment
- Concrete Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 7 Bedrooms
- 4,270 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
Flooring
- Carpet
- Linoleum
- Vinyl
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- On-Street Parking
Utilities
- Wall Furnace
- Natural Gas Connected
- Individual Gas Meter
- Separate Water Meter
- Gas Water Heater
- Internet Available
- Cable TV Available
Community Details
- 2 Buildings
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 003-582-20-00
Map
Tax History
| 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 | $11,499 | $895,570 | $278,771 | $616,799 |
| 2023 | $11,499 | $860,796 | $267,947 | $592,849 |
| 2022 | $10,327 | $843,919 | $262,694 | $581,225 |
| 2021 | $10,019 | $827,373 | $257,544 | $569,829 |
| 2020 | $9,887 | $819,779 | $254,904 | $564,875 |
| 2019 | $9,331 | $803,723 | $249,906 | $553,817 |
| 2018 | $9,100 | $787,907 | $245,006 | $542,901 |
| 2017 | $8,954 | $772,549 | $240,202 | $532,347 |
| 2016 | $8,688 | $757,424 | $235,494 | $521,930 |
| 2015 | $8,618 | $746,140 | $231,958 | $514,182 |
| 2014 | $8,424 | $731,849 | $227,416 | $504,433 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $899,000 | -- | $211 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $650,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Purchase Money Mortgage |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325077955
APN: 003-582-20-00
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.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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