1 of 18

Want to see this property?

362 N Main Street

Willits, CA 95490

– beds
– baths
– sqft
7,684 sqft lot
1940 build
– on site

Renovated 8-unit apartment complex in Willits presents an exceptional investment opportunity. Spanning two lots, the property features eight 1-bedroom, 1-bathroom units, with four units situated in a two-story configuration. The comprehensive upgrades include a replaced foundation, new staircases and decks, as well as the installation of modern gas lines, plumbing, and electrical systems. Additionally, the property boasts new drywall, insulation, kitchens, bathrooms, flooring, heating systems, windows, doors, and siding, ensuring a turnkey investment. With a great capitalization rate, this well-appointed multifamily asset is poised to deliver consistent returns for discerning investors seeking to expand their real estate portfolio in the thriving Willits market.

Listing courtesy of BAREIS / Christina Yates / Luxe Places International Realty

Last checked: Checking… • Last updated May 2, 2024 •

MLS# 324031706 —

The Building

Year Built:

1940
Year Built Source:

Other
Window Features:

Dual Pane Partial
Subtype Description:

Apartments
Roof:

Composition
Levels:

Two
# of Buildings:

3
# of Floors:

2
# of Units Total:

8
SqFt:

0 Sqft

Interior

Flooring:

Laminate

Location

Directions:

Hwy 101 to Main Street.
Area:

Willits
Cross Street:

Hwy 101

The Property

Property Type:

Residential Income
Property Type:

5 or More Units
Lot Features:

Private, Shape Irregular
7684

Lot SqFt:
Lot Size Measurement:

Acres
Lot Size Source:

Assessor Auto-Fill
View Description:

City, Mountains
0.1764

Acres:

Listing Agent

Contact info:

Taxes

Assessors Parcel Number:

005-020-08-00

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Wall Furnace
Cooling:

None

Utilities

Utilities:

City, Electric
Water Source:

Meter on Site, Public
Sewer:

Sewer in Street
Separate Meters:

Electricity, Gas

Appliances

Appliances:

Other
Laundry Features:

In Common Area

The Community

Association:

No
Cap Rate:

8.00

Parking

Total Parking Spaces:

10.00
Parking Features:

Uncovered

Extra Units

# of 1 Bedroom Units:

8
# Commercial Units:

1
Unit 1 Type:

Apartment
Unit 1 Description:

1 bed/ 1 bath, new flooring, kitchen and bath.
Unit 1 Bedrooms:

1
Unit 1 # of Rooms:

3
Unit 1 Full Baths:

1
Unit 2 Type:

Apartment
Unit 2 Full Baths:

1
Unit 2 Description:

1 bed/ 1 bath, new flooring, kitchen and bath.
Unit 2 Bedrooms:

1
Unit 2 # of Rooms:

3
Unit 3 Type:

Apartment
Unit 3 Bedrooms:

1
Unit 3 Description:

1 bed/ 1 bath, new flooring, kitchen and bath.
Unit 3 Full Baths:

1
Unit 3 # of Rooms:

3
Unit 4 Type:

Apartment
Unit 4 Description:

1 bed/ 1 bath, new flooring, kitchen and bath.
Unit 4 Bedrooms:

1
Unit 4 # of Rooms:

3
Unit 4 Full Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
5/1/24 May 1, 2024	Listed / Active	BAREIS	$950,000

Want a closer look?

Go see 362 N Main Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Willits, CA

Similar sold homes

This multifamily located in Willits, CA 95490 is currently for sale for $950,000. 362 N Main Street is a – square foot multifamily with – beds and – baths that has been on Estately for 21 days. This multifamily is in the attendance area of Willits High School, Brookside Elementary School, Baechtel Grove Middle School, and Blosser Lane Elementary School.

Listing courtesy of BAREIS, Luxe Places International Realty, and Christina Yates.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.