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For sale
    • Listed by: Mendocino Bayside Realty • Birdie Wilson-Holmes • Contact: 707-357-4085
    $1,175,000

    10540 Lansing St, Mendocino, CA 95460

    3beds
    8baths
    3,392sqft
    : 
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    Multi Family
    Built in 1978
    -- sqft lot
    $1,113,000 Zestimate®
    $346/sqft
    $-- HOA

    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: 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.
    37 days
    |
    2,320
    |
    116
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Birdie Wilson-Holmes DRE #01361234 (707)357-4085,

    Mendocino Bayside Realty,

    Howard Holmes DRE #02079375 707-357-1470,

    Mendocino Bayside Realty

    Source: CRMLS,MLS#: C1-11427MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 8
      Heating
      • Combination
      Cooling
      • None
      Appliances
      • Laundry: Stacked
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,392
      • Total interior livable area: 3,392 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway Level, On Street, Uncovered, Unpaved
      Features
      • Levels: Multi/Split
      • Pool features: None
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: Neighborhood, Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Beach Access, Ocean Access, Ocean Side Of Highway
      Lot
      • Size: 5,227 Square Feet
      • Features: Corner Lot, Drip Irrigation/Bubblers, Sprinklers In Front, Landscaped, Near Park, Sprinklers Timer
      Details
      • Parcel number: 1192340500
      • Zoning: MC
      • Special conditions: Trust
      • Horse amenities: Riding Trail

      Construction

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

      Community & HOA

      Community
      • Features: Biking, Curbs, Fishing, Golf, Hiking, Horse Trails, Street Lights, Sidewalks, Park
      • Subdivision: Not Applicable
      Location
      • Region: Mendocino

      Financial & listing details

      • Price per square foot: $346/sqft
      • Tax assessed value: $1,044,521
      • Annual tax amount: $12,463
      • Date on market: 6/13/2026
      • Cumulative days on market: 37 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
      • Inclusions: Most appliances and stackable washer/dryer in studio
      • Exclusions: Refrigerator in studio, tenant's furniture/personal property and retail store inventory.

        Estimated market value

        $1,113,000

        $1.06M - $1.17M

        $1,958/mo

        Price history

        DateEventPrice
        6/13/2026Listed for sale$1,175,000-9.5%$346/sqft
        Source: CRMLS #C1-11427 Report a problem
        11/1/2025Listing removed$1,299,000$383/sqft
        Source: MetroList Services of CA #325060823 Report a problem
        7/3/2025Listed for sale$1,299,000$383/sqft
        Source: MetroList Services of CA #325060823 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 95460

        Getting around

        65 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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