$720,000
$720,000
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A-D 380 El Rio CT Ukiah, CA 95482
3,750 SqFt
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $192
MLS Listing ID 324053019
Sold Date 12/11/24
Style Craftsman
HOA Y/N No
Year Built 1976
Lot Size 0.397 Acres
Acres 0.3967
Property Sub-Type Quadruplex
Property Description
Substantially below market rents leaves room for increasing future cash flow! Note the difference between the lowest rent & highest rent currently! Huge potential at an already economically competitive price! This could be all for investment or a homebuyer could buy to live in one & rent the others to offset their payments. Plus, as a Fourplex, there is the added benefit of falling into the residential category of Single-Family, 1-4 Unit financing. It's a huge R-2 lot! In fact, there might even be room for an additional unit(s) subject to a prospective Buyer's own further investigation & conclusions after verifying with land planning specialists, surveyors, the City, zoning requirements & the like. There are existing carports plus street parking, sidewalks, curb, and gutter. City services include sewer, water, & trash--plus there is a separate coin-operated laundry room for tenants to use. Stucco exterior provides easy maintenance & superior sound proofing, plus there are many recent upgrades including a newer roof. These four spacious units contain nearly 950 square feet each, and have private back yards, plus there is excess underutilized common area--leaving room for the imagination as to potentially adding other amenities to consider.
Location
State CA
County Mendocino
Area Ukiah
Zoning R-2
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Carpet, Laminate, Linoleum
Appliance Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
Laundry Common Area, Washer/Dryer Owned
Exterior
Exterior Feature Private Yard
Carport Spaces 4
Utilities Available Cable Available, City, Internet Available, Natural Gas Connected
Waterfront Description Public
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description Cul-De-Sac, Landscape Front
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Schools
School District Mendocino, Elementary: Ukiah Unified, Middle/Junior: Ukiah Unified, High: Ukiah Unified
Others
Tax ID 1790621500
Financing Conventional
Special Listing Condition Standard
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