960 Marlene ST #979 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 $225
MLS Listing ID 324000359
Bedrooms 2222
HOA Y/N No
Year Built 1983
Lot Size 2.300 Acres
Property Description
Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex on 2.3 acres offers terrific cash flow and the potential for additional units. Subdivided in 1985 into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents and a stable tenant base. 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. A significant portion of the undeveloped land could be used for building more multi-family units and a minor subdivision and rezoning application is currently in process with the City of Ukiah, creating a second 1.07 acre parcel and changing the zoning from PD (Planned Development) to R2. 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 PD
Interior
Heating Central
Cooling Central
Flooring Carpet,Laminate,Linoleum,Tile,Varies by Unit
Exterior
Exterior Feature Fenced Yard,Swimming Pool,Yard Space
Garage 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