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Ron Sharma

ronsharma@ronsharma.com +1(925) 291-5228

Listed by Lynn McNamara • Luxe Places International Realty

$ 895,000

Est. payment -/mo

Save

Contingent

789 Apple AVE #795 Ukiah, CA 95482

1,133 Beds

6 Baths

3,850 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,850 sqft

Price per Sqft $232

MLS Listing ID 325084979

Bedrooms 1133

HOA Y/N No

Year Built 2007

Lot Size 0.340 Acres

Property Sub-Type 5 or More Units

Property Description

This centrally located, five-unit property in Downtown Ukiah is an excellent investment opportunity set on a LARGE 14,000+ square foot lot. The property includes one charming duplex, originally built in 1930 (but with an apparent age per the Assessor dated as 1956), and three separate identical residences constructed in 2007. The newer 3-bedroom, 2 full bath units feature cathedral ceilings, spacious kitchens, in-unit laundry rooms, recessed lighting, and are further complemented by high ceilings throughout. The entire property benefits from public water and sewer, paved on-site parking, and curb-and-gutter on the well lit street access. With below-market rents evident from the current tenants (e.g., a 3-bedroom unit renting for $1,680 and another for $1,225), there is clearly room to potentially increase future income and profitability--creating a HUGE upside! Tenants have separate meters and pay for ALL utilities directly except for one-- water/sewer has a shared meter for the duplex, which is billed by the City and passed through to the residents by management. Enjoy reliable cash flow from historical low vacancy and established tenants who pride themselves on the upkeep of their homes.

Location

State CA

County Mendocino

Area Ukiah

Zoning R2

Interior

Heating Ductless, Natural Gas

Cooling Window Unit(s)

Flooring Vinyl

Exterior

Parking Features Off Street, Uncovered

Garage Spaces 10.0

Utilities Available Cable Available, City, Internet Available, Natural Gas Connected, Sewer In & Connected

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Special Listing Condition Trust

Bay Area Real Estate Info Services (BAREIS)

SCHOOLSPROPERTIES

Elementary Schools 13

7

River Oak Charter

Public | KG - 8
6

Tree of Life Charter

Public | KG - 8
5

Grace Hudson Elementary School

Public | KG - 5
4

Frank Zeek Elementary School

Public | KG - 6
3

Ukiah Independent Study Academy

Public | KG - 12
3

Accelerated Achievement Academy

Public | 4 - 12
2

Yokayo Elementary School

Public | KG - 6
2

Oak Manor Elementary School

Public | KG - 6
1

Nokomis Elementary School

Public | KG - 5
0

Orr Creek

Public | KG - 12
0

St Mary at the Angels Catholic School

Private | KG - 8
0

Ukiah Junior Academy

Private | KG - 10
0

Instilling Goodness / Developing Virtue Schools

Private | KG - 12

Middle Schools 3

10

Redwood Academy of Ukiah

Public | 7 - 12
1

Pomolita Middle School

Public | 6 - 8
0

Mendocino County Community

Public | 7 - 12

High Schools 3

5

Ukiah High School

Public | 9 - 12
0

South Valley High (Continuation)

Public | 9 - 12
0

Mendocino County Regional Occupational Program

Public | 9 - 12

School and business data provided by Attom Data.

Sharma Realty Advisors

Phone

+1(925) 291-5228

ronsharma@ronsharma.com

Address

3347 Mount Diablo Blvd, Lafayette, California, 94549, USA