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  • $1,175,000

    10540 Lansing Street, Mendocino, CA 95460

    3beds
    1,717sqft
    Multi Family
    Built in 1978
    -- sqft lot
    $1,098,200 Zestimate®
    $684/sqft
    $1,800 Estimated rent

    Home value

    $1,098,200

    $1.04M - $1.15M

    $1,800/mo

    Zestimate® history
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    $7,955/mo

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    What's special

    Prime Mixed-Use Investment Opportunity in the Heart of Mendocino Village ! Discover a remarkable and highly profitable income property located in the vibrant heart of the iconic historic village of Mendocino. This versatile, 4-unit mixed-use building spans approximately 3392 square feet, perfectly balancing commercial success with coastal residential charm. The property features: Prime Commercial Retail Space in an expansive, highly visible storefront (~1,688 sq. ft.) commanding excellent foot traffic in a coveted downtown location. The Historic Water Tower (Unit 1): A truly unique, quintessential Mendocino residence (~527 sq. ft.) featuring a loft bedroom with ocean views. Residential Unit 2: A comfortable and spacious two-bedroom, one-bathroom unit (~770 sq. ft.), Studio Unit: An efficient, cozy, ground level studio space (~420 sq. ft.). Situated on a desirable corner lot just blocks from the ocean bluffs, Big River, beach and state park trails. Home and pest inspection reports are available.

    Zillow last checked:

    Listing updated:

    Listed by:

    Birdie J Wilson-Holmes DRE #01361234 707-357-4085,

    Mendocino Bayside Realty 707-357-4085

    Bought with:

    Birdie J Wilson-Holmes, DRE #01361234

    Mendocino Bayside Realty

    Source: BAREIS,MLS#: 326052352MLS LogoOriginating MLS: Mendocino

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • Partial bathrooms: 1
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Washer/Dryer
    Features
    • Unit 1 - Beds: 1, Baths: 1, Square Footage: 527 | Unit 2 - Beds: 2, Baths: 1, Square Footage: 770 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 3392 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 3392
    Interior area
    • Total structure area: 1,717
    • Total interior livable area: 1,717 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: On Street, Uncovered
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    Lot
    • Size: 5,227 Square Feet
    • Features: Corner Lot, Curb(s), Landscape Front, Sidewalk
    Details
    • Parcel number: 1192340500
    • Zoning: MC
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1978

    Utilities & green energy

    • Electric: Separate Meters
    • Sewer: Public Sewer
    • Water: Private, Water Filter, Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Mendocino

    Financial & listing details

    • Price per square foot: $684/sqft
    • Tax assessed value: $1,065,411
    • Date on market: 6/13/2026
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    8/31/2026Sold$1,175,000$684/sqft
    Source: BAREIS #326052352 Report a problem
    8/5/2026Pending sale$1,175,000$684/sqft
    Source: BAREIS #326052352 Report a problem
    6/13/2026Listed for sale$1,175,000-9.5%$684/sqft
    Source: CRMLS #C1-11427 Report a problem
    11/1/2025Listing removed$1,299,000$757/sqft
    Source: MetroList Services of CA #325060823 Report a problem
    7/3/2025Listed for sale$1,299,000$757/sqft
    Source: MetroList Services of CA #325060823 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,065,411 +2%
    2025$12,463 +2.6%$1,044,521 +2%
    2024$12,147 +0.7%$1,024,041 +2%
    2023$12,060 -2.4%$1,003,963 +2%
    2022$12,355 $984,278 +2%
    2021-- $964,979 +1%
    2020$11,039 +1.2%$955,080 +2%
    2019$10,908 +1.6%$936,360 +2%
    2018$10,732 +3.3%$918,000 +2%
    2017$10,388 +25.2%$900,000 +25.4%
    2016$8,296 +0.3%$717,645 +1.5%
    2015$8,269 $706,867
    Find assessor info on the county website

    Neighborhood: 95460

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,098,200
    2% more
    +$21,964
    With Zillow Showcase(estimated)
    $1,120,164
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,098,200
    2% more
    +$21,964
    With Zillow Showcase(estimated)
    $1,120,164