$895,000
UNDER CONTRACT

789 Apple Ave Ukiah, CA 95482

Estimated payment $5,570/month

Total Views 7,594
8 Beds
17 Baths
3,850 Sq Ft
$232 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Wood Siding
  • Vinyl Flooring

About This Home

This centrally located, five-unit property in Downtown Ukiah is an excellent investment opportunity set on a LARGE 14,000+ square foot lot. The property includes one charming duplex, originally built in 1930 (but with an apparent age per the Assessor dated as 1956), and three separate identical residences constructed in 2007. The newer 3-bedroom, 2 full bath units feature cathedral ceilings, spacious kitchens, in-unit laundry rooms, recessed lighting, and are further complemented by high ceilings throughout. The entire property benefits from public water and sewer, paved on-site parking, and curb-and-gutter on the well lit street access. With below-market rents evident from the current tenants (e.g., a 3-bedroom unit renting for $1,680 and another for $1,225), there is clearly room to potentially increase future income and profitability--creating a HUGE upside! Tenants have separate meters and pay for ALL utilities directly except for one-- water/sewer has a shared meter for the duplex, which is billed by the City and passed through to the residents by management. Enjoy reliable cash flow from historical low vacancy and established tenants who pride themselves on the upkeep of their homes.

Listing Agent

Lynn McNamara

Luxe Places International R License #00575586 Listed on: 10/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Home Design

  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 8 Bedrooms
  • 3,850 Sq Ft Home
  • Vinyl Flooring
  • Laundry in unit

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Internet Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 0.34 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 003-050-90-00

Community Details

Overview

  • 4 Buildings
  • 5 Units
  • Planned Unit Development

Building Details

  • Gross Income $75,960

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Planned Unit Develop
  • Directions To Property: From U.S. 101 Exit Talmage and Drive West to State Street. Then turn left (North) to Cherry Street, and left to Apple on the right (East) side.
  • Lot Size Acres: 0.3400
  • CapRate: 5.60
  • Actual or Scheduled: Actual
  • Special Features: UnderContract

Interior Features

  • Flooring: Vinyl
  • Square Footage: 3850.00
  • NumberOfBuildings: 4

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation: Concrete Perimeter
  • Lot Features: Curbs/Gutters, Sidewalk
  • Roof: Composition
  • Patio And Porch Features: Covered Patio

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 10.00
  • OpenParkingSpaces: 10.00

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Internet Available, Natural Gas Connected, Sewer In & Connected
  • Water Source: Public
  • Heating: Ductless, Natural Gas
  • Laundry Features: In Each Unit
  • Separate Meters: Electricity, Gas, Water, See Remarks

Lot Info

  • Assessor Parcel Number: 003-050-90-00
  • Lot Size Sq Ft: 14810.00

Rental Info

  • TenantPays: Electricity, Gas, Sewer, Trash Collection, Water

Building Info

  • Year Built: 2007

Multi Family

  • 1 Bedroom Rent Range: $1,150-$1,250
  • Two Bedroom Rent Range: $1,300-$1,500
  • Three Bedroom Rent Range: $1,500-$1800
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 1
  • Number Of3 Bedrooms Occupied: 3
  • Number of 3 Bedroom Units: 3
  • NumberOfUnitsTotal: 5

Map

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 List to Sale Price per Sq Ft
10/02/2025 10/02/25 For Sale $895,000 -- $232 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325084979

Bay Area Real Estate Information Services (BAREIS)