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Christopher Oscar

christopher.oscar@engelvoelkers.com +1(707) 287-2285

Listed by Marcia M Lazaro Coldwell Banker Mendo Realty

$ 3,200,000

Est. payment -/mo

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Active

960 Marlene ST Ukiah, CA 95482

22,211 SqFt

UPDATED:

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 $144

MLS Listing ID 324084737

Style Traditional

HOA Y/N No

Year Built 1983

Lot Size 1.240 Acres

Acres 1.24

Property Sub-Type 5 or More Units

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 and underground utilities create 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 1.06 acre parcel that is not included in this offering, and both parcels are now zoned Medium Density Residential (R-2). 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

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Linoleum, Tile

Appliance Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater

Laundry Coin Operated, Common Area, Other

Exterior

Exterior Feature Private Yard, Yard Space

Garage Spaces 1.0

Carport Spaces 19

Utilities Available Cable Available, City, Internet Available, Natural Gas Connected

Waterfront Description Public

View Garden/Greenbelt, Hills

Roof Type Composition

Accessibility Varies By Unit

Porch Enclosed Patio

Total Parking Spaces 22

Private Pool No

Building

Lot Description Cul-De-Sac, Curb(s), Curbs/Gutters, Landscape Front, Sidewalk

Story 2

Foundation Concrete, Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Mendocino, Elementary: Ukiah Unified, Middle/Junior: Ukiah Unified, High: Ukiah Unified

Others

Tax ID 0031004300

Security Features Carbon Monoxide Detector(s),Double Strapped Water Heater,Smoke Detector(s),Varies By Unit

Special Listing Condition Offer As Is

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Christopher Oscar

Global Real Estate Advisor | License ID: 01343785

+1(707) 287-2285

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