Explore the exceptional investment opportunity awaiting at this highly desirable multi-family property located in the heart of Mendocino. Ideal for those looking to generate rental income, this unique offering on 1.7 acres features four distinct units. The primary building, with three private and comfortable 2bed/1bath apartments, includes a communal laundry room. A separate charming 2bed/1bath house adds value and possibilities. Additional facilities include a covered multi-car parking structure, a workshop building, and even a red barn! The expansive yard offers landscaping and gardening opportunities. This is a coveted spot for potential renters. Your tenants will enjoy rural living just steps from beautiful Mendocino Village, with its essential amenities and ambiance of local shops, restaurants, and scenic headlands. Whether you're an experienced investor or looking for a new venture in a thriving community, this property promises a strong rental yield and a chance to be part of the vibrant life of Mendocino.
Sold for $1,425,000
Listing Provided by:
Tracy Wolfson DRE #02089975 707-272-5733,
Engel & Voelkers Mendocino,
David Coddington DRE #01261496 707-937-5071,
Engel & Voelkers Mendocino
Bought with: Engel & Voelkers Mendocino
$1,425,000
44550 Little Lake Rd, Mendocino, CA 95460
8beds
3,144sqft
Quadruplex
Built in 1913
-- sqft lot
$-- Zestimate®
$453/sqft
$7,093 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,093/mo
Zestimate® history
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$7,093/mo
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$8,818/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 07:42pm
Listing Provided by:
Tracy Wolfson DRE #02089975 707-272-5733,
Engel & Voelkers Mendocino,
David Coddington DRE #01261496 707-937-5071,
Engel & Voelkers Mendocino
Bought with:
Claire Amanno
Engel & Voelkers Mendocino
Source: CRMLS,MLS#: C1-10642
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: All Bedrooms Up
Heating
- Electric, Propane
Cooling
- None
Appliances
- Included: Electric Oven, Electric Range, Refrigerator
- Laundry: Laundry Room
Features
- All Bedrooms Up, All Bedrooms Down
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,144 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
Features
- Levels: Multi/Split
- Patio & porch: Patio
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 1.70 Acres
- Features: Sprinklers None
Details
- Additional structures: Barn(s), Workshop
- Parcel number: 1190902700
- Zoning: MRR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & neighborhood
Community
- Community features: Biking, Hiking
Location
- Region: Mendocino
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2024 | Sold | $1,425,000$453/sqft |
Source:  CRMLS #C1-10642 Report a problem | ||
| 6/26/2024 | Pending sale | $1,425,000$453/sqft |
Source: CRMLS #C1-10642 Report a problem | ||
| 6/21/2024 | Listed for sale | $1,425,000$453/sqft |
Source: CRMLS #C1-10642 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 95460
Nearby schools
GreatSchools rating
- 6/10Mendocino K-8Grades: K-8Distance: 0.4 mi
- 9/10Mendocino High SchoolGrades: 9-12Distance: 0.6 mi
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- California
- Mendocino County
- Mendocino
- 95460
- 44550 Little Lake Rd