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Executive Summary

Presenting a rare opportunity to acquire an income-generating multi-family property in the heart of Ukiah! This well-maintained asset consists of two single-story buildings situated on a fully fenced 0.28-acre lot, offering five fully-leased residential units with strong rental history. The unit mix includes three two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. All units are ground level, providing ease of access for tenants and minimizing maintenance concerns for ownership. With onsite laundry and parking, the property meets a critical tenant demand in this competitive rental market. Strategically located near Gobbi Street and Highway 101 with easy access to downtown, this asset offers long-term upside and stable cash flow. The property’s configuration, tenant stability, and minimal operating complexity make it an ideal addition to any investor’s portfolio, whether you’re expanding your multi-family holdings or entering the market with a manageable and reliable income property. Don’t miss this opportunity to secure a turnkey investment in one of Mendocino County’s most sought-after rental markets!

Property Facts

Price $1,234,974 CAD
Price Per Unit $246,995 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 4,270 SF
Average Occupancy 100%
No. Stories 1
Year Built 1998
Zoning R3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - -
1+1 2 - -
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
003-582-20-00
Land Assessment
$384,899 CAD
Improvements Assessment
$851,614 CAD
Total Assessment
$1,236,513 CAD
  • Listing ID: 37649952

  • Date on Market: 2025-09-12

  • Last Updated:

  • Address: 757 Waugh Ln, Ukiah, CA 95482

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