960 Marlene Street Ukiah, CA 95482
Listing Courtesy of: BAREIS / Coldwell Banker Mendo Realty / Marcia Morgan Lazaro / John L. "John" Lazaro

  960 Marlene Street Ukiah, CA 95482

Active (18 Days)
$3,780,000
8
BED
8
BATH
22,211
SQFT

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.

MLS #:
324084737
Lot Size
1.23 acres
Type
Multifamily
Year Built
1983
Style
Traditional
Views
Varies by Unit, Hills, Garden/Greenbelt
School District
Mendocino
County
Mendocino County

Listed By

Marcia Morgan Lazaro, DRE #01915451 CA, Coldwell Banker Mendo Realty
John L. "John" Lazaro, DRE #00928841 CA, Coldwell Banker Mendo Realty
Source
BAREIS
Last checked Nov 12 2024 at 2:00 AM GMT-0700
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathrooms: 4
Kitchen
  • Gas Water Heater
  • Free Standing Refrigerator
  • Free Standing Gas Range
  • Disposal
  • Dishwasher
Lot Information
  • Sidewalk
  • Landscape Front
  • Curbs/Gutters
  • Curb(s)
  • Cul-De-Sac
Property Features
  • Foundation: Slab
  • Foundation: Concrete
Heating and Cooling
  • Central
Flooring
  • Varies by Unit
  • Tile
  • Linoleum
  • Laminate
  • Carpet
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Natural Gas Connected, Internet Available, City, Cable Available
  • Sewer: Sewer Connected
School Information
  • Elementary School: Ukiah Unified
  • Middle School: Ukiah Unified
  • High School: Ukiah Unified
Living Area
  • 22,211 sqft
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Listing Data © 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. Data last updated: 11/11/24 18:00