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.
Closed
Zillow last checked:
Listing updated:
Bought with:
Lynn McNamara, DRE #00575586
Luxe Places International R
Source: BAREIS,MLS#: 324053019
Originating MLS: Mendocino
Originating MLS: MendocinoPrice history
| Date | Event | Price |
|---|---|---|
| 12/11/2024 | Sold | $720,000$192/sqft |
Source:  BAREIS #324053019 Report a problem | ||
| 11/26/2024 | Listing removed | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 11/20/2024 | Listed for rent | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 11/13/2024 | Contingent | $720,000$192/sqft |
Source: BAREIS #324053019 Report a problem | ||
| 11/5/2024 | Listed for sale | $720,000$192/sqft |
Source: BAREIS #324053019 Report a problem | ||
| 10/19/2024 | Contingent | $720,000$192/sqft |
Source: BAREIS #324053019 Report a problem | ||
| 9/11/2024 | Price change | $720,000-0.7%$192/sqft |
Source: BAREIS #324053019 Report a problem | ||
| 8/14/2024 | Price change | $725,000-3.3%$193/sqft |
Source: BAREIS #324053019 Report a problem | ||
| 7/12/2024 | Listed for sale | $750,000$200/sqft |
Source: BAREIS #324053019 Report a problem | ||
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