960 Marlene Street

Ukiah, CA 95482

$3,780,000
Price
8
Beds
4
Baths
4
1/2 Baths
22,211 Sq. Ft.
$170 / Sq. Ft.
22,211
Sq. Ft.
$170
per Sq. Ft.

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...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.
  1. Listed by Marcia M Lazaro • DRE #01915451 • Brokerage DRE #02116789 • Coldwell Banker Mendo Realty
  2. Listed by John Lazaro • DRE #00928841 • Brokerage DRE #02116789 • Coldwell Banker Mendo Realty

Property Details for 960 Marlene Street

Architectural Style
Traditional
Zoning
R2-Rezoning approved and pending recordation
View Description
Greenbelt, Hills, Varies by Unit
Cross Street
S. Orchard Avenue
Total Parking Spaces
38
LISTING UPDATED: 12/11/2024 09:21 AM

Property Details for 960 Marlene Street

StatusActive
MLS #324084737
Days on Compass59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1983
Lot Size1.23 AC / 53,578 SF
CountyMendocino County

Building Information for 960 Marlene Street

Stories-Residences-Year Built1983Building Size-Lot Size1.23 AC / 53,578 SF

Property Information for 960 Marlene Street

Summary
Location and General Information
  • Area/District: Ukiah
  • Area Short Display: G0100
  • Directions to Property: 101 N. or S. Take Perkins Street Exit. Turn left on S. Orchard Street. South of Gobbi Street, continue straight onto Marlene Street. Apartment Complex is at the end of the street.
  • Accessibility Features: Varies By Unit
  • Area Long Display: Ukiah
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 003-100-43-00
School Information
  • School District (County): Mendocino
  • Elementary School District: Ukiah Unified
  • Middle or Junior School District: Ukiah Unified
  • Senior High School District: Ukiah Unified
Parking
  • Parking Features: Carport, Detached, Guest Parking Available, Uncovered
  • Carport Spaces: 18
  • Garage Spaces: 1
  • Open Parking Spaces: 19
  • Covered Spaces: 18
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 1
Property
Lot Information
  • Square Footage: 22211.0
  • Square Footage Source: Condo Map
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Not Verified
  • Lot Size Square Feet: 53579.0
  • Lot Features: Cul-De-Sac, Curb(s), Curbs/Gutters, Landscape Front, Sidewalk
  • Property Condition: Varies by Unit
Property and Assessments
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
  • Picture Count: 63
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Construction Materials: Frame, Wood Siding
  • Actual or Scheduled: Scheduled
  • Gross Rent Multiplier: 0.0
Utilities
  • Sewer: Sewer Connected
  • Water Source: Water Public
  • Separate Meters: Electricity, Gas
  • Utilities: Cable Available, City, Internet Available, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Foundation: Concrete, Slab
  • Levels: Two
  • Exterior Features: Fenced Yard, Swimming Pool, Yard Space
  • Patio And Porch Features: Enclosed Patio, Varies by Unit
  • Roof: Composition
  • # of Floors: 2
Interior Features
  • Heating: Central
  • Cooling: Central
  • Flooring: Carpet, Laminate, Linoleum, Tile, Varies by Unit
  • Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
  • Laundry Features: Coin Operated, In Common Area, Other
  • # of Guest Space(s): 0
  • Window Features: Varies by Unit, Window Coverings, Window Screens
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Rent Range: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 20
  • 2 Bedroom Rent Range: 1000 - 1950
  • 2 Bedroom Annual Occupancy: 97.00%
  • # of 2 Bedrooms Occupied: 20
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $400,200.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 4
  • # Of Units Total: 20
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: 2BR/1.5BA Townhouse
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 1
  • Unit 1 # of Rooms: 4
  • Unit 1 Approx SqFt: 1132
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: 2BR/1.5BA Townhouse
  • Unit 2 Full Baths: 1
  • Unit 2 # of Rooms: 4
  • Unit 2 Approx SqFt: 1099
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Description: 2BR/1.5BA Townhouse
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 1
  • Unit 3 # of Rooms: 4
  • Unit 3 Approx SqFt: 1176
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Description: 2BR/1.5BA Townhouse
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 1
  • Unit 4 # of Rooms: 4
  • Unit 4 Approx SqFt: 1132
  • Unit 4 Type: Apartment

Property History for 960 Marlene Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 960 Marlene Street

Taxable ValueLand$32,452Additions$70,360Total$102,812
Tax Record2023$1,328 ($111 / month)
Home Facts
Beds0Lot Size553 SqFtStyleSingle Family ResidenceCountyMENDOCINOAPN003-100-43-00

Schools near 960 Marlene Street

This home is within Ukiah Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Nokomis Elementary School
PublicK to 5

Pomolita Middle School
Public6 to 8

Ukiah High School
Public9 to 12

River Oak Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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960 Marlene Street is a multi-family home for sale in Ukiah, CA 95482. This property was listed for sale on October 24, 2024 by Coldwell Banker Mendo Realty, it's currently listed at $3,780,000. This listing's school district is Ukiah Unified School District. Nearby schools include Nokomis Elementary School, Pomolita Middle School and Ukiah High School. 960 Marlene Street is a 8-bed, 6-bath, 22,211 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Mendo Realty, Marcia M Lazaro, DRE #01915451; Coldwell Banker Mendo Realty, John Lazaro, DRE #00928841

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.