960 Marlene ST Active Save Request In-Person Tour Request Virtual Tour
Ukiah,CA 95482
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 22,211 sqft
Price per Sqft $170
MLS Listing ID 324084737
Bedrooms 2222
HOA Y/N No
Year Built 1983
Lot Size 1.230 Acres
Property Description
Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex offers terrific cash flow and a stable tenant base. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents. All units are 2 bedroom, 1.5 baths with a well-designed and spacious floor plan, large upstairs bedrooms with jack-and-jill bathroom and ample closets, central HVAC, fireplaces and private fenced yards. Amenities include on-site laundry facilities, in-ground pool, and carports plus additional on-site paved parking. Impeccably maintained landscaping with majestic redwoods and underground utilities creates a parklike setting at the end of a cul-de-sac in a desirable centrally located neighborhood. The City of Ukiah recently approved a minor subdivision and rezoning creating a separate 1.07 acre parcel that is not included in this offering, and the entire property will be rezoned to R2 zoning. Some AP numbers will change with the recording of the final subdivision maps and re-zoning. Ukiah is in the heart of Mendocino County Wine Country, under two hours to the Golden Gate Bridge and one hour north of the Sonoma County Airport.
Location
State CA
County Mendocino
Area Ukiah
Zoning R2-Rezoning approved and pending recordation
Interior
Heating Central
Cooling Central
Flooring Carpet,Laminate,Linoleum,Tile,Varies by Unit
Exterior
Exterior Feature Fenced Yard,Swimming Pool,Yard Space
Parking Features Carport,Detached,Guest Parking Available,Uncovered
Garage Spaces 38.0
Utilities Available Cable Available,City,Internet Available,Natural Gas Connected
Roof Type Composition
Building
Foundation Concrete,Slab
Sewer Sewer Connected
Water Public
Architectural Style Traditional
Schools
School District Ukiah Unified,Ukiah Unified,Ukiah Unified
Others
Special Listing Condition Offer As Is