960 Marlene Street
$3,780,000
8
4
4
22,211
22,211
$170
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.
- Listed by Marcia M Lazaro • DRE #01915451 • Brokerage DRE #02116789 • Coldwell Banker Mendo Realty
- Listed by John Lazaro • DRE #00928841 • Brokerage DRE #02116789 • Coldwell Banker Mendo Realty
Property Details for 960 Marlene Street
Architectural Style
Traditional
ZoningR2-Rezoning approved and pending recordation
View DescriptionGreenbelt, Hills, Varies by Unit
Cross StreetS. Orchard Avenue
Total Parking Spaces38
LISTING UPDATED: 10/25/2024 10:39 AM
Property Details for 960 Marlene Street
Status | Active |
---|---|
MLS # | 324084737 |
Days on Compass | 28 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1983 |
Lot Size | 1.23 AC / 53,578 SF |
County | Mendocino 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
Property History for 960 Marlene Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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