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960 979 Marlene Street
Ukiah, CA 95482
–
beds
–
baths
22,211
sqft
~2
acre lot
$225
per sqft
1983
build
–
on site
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.
Last checked:
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Last updated Apr 17, 2024
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MLS# 324000359 —
The Building
Year Built:
1983
Year Built Source:
Assessor Agent-Fill
Construction Materials:
Frame, Wood Siding
Architectural Style:
Traditional
Window Features:
Varies by Unit, Window Coverings, Window Screens
Subtype Description:
Apartments, Condominiums, Townhouses
Patio And Porch Features:
Enclosed Patio, Varies by Unit
Accessibility Features:
Varies By Unit
Security Features:
Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
Roof:
Composition
Levels:
Two
# of Buildings:
4
Foundation:
Concrete, Slab
# of Floors:
2
# of Units Total:
20
SqFt:
22,211 Sqft
SqFt Source:
Condo Map
Interior
Flooring:
Carpet, Laminate, Linoleum, Tile, Varies by Unit
Location
Directions:
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.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
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Walk Score®
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Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
1/5/24
Jan 5, 2024
Listed / Active
BAREIS
$5,000,000
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Multifamily
For Sale
$5,000,000
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This multifamily located in Ukiah, CA 95482 is currently for sale for $5,000,000. 960 979 Marlene Street is a 22,211 square foot multifamily with – beds and – baths that has been on Estately for 113 days. This multifamily is in the attendance area of Nokomis Elementary School, Pomolita Middle School, and Ukiah High School.
Listing courtesy of BAREIS, Coldwell Banker Mendo Realty, and Marcia Lazaro.
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.
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Last updated Apr 17, 2024
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