Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex offers terrific cash flow and a stable tenant base. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents. All units are 2 bedroom, 1.5 baths with a well-designed and spacious floor plan, large upstairs bedrooms with jack-and-jill bathroom and ample closets, central HVAC, fireplaces and private fenced yards. Amenities include on-site laundry facilities, in-ground pool, and carports plus additional on-site paved parking. Impeccably maintained landscaping and underground utilities create a parklike setting at the end of a cul-de-sac in a desirable centrally located neighborhood. The City of Ukiah recently approved a minor subdivision and rezoning creating a separate 1.06 acre parcel that is not included in this offering, and both parcels are now zoned Medium Density Residential (R-2). Ukiah is in the heart of Mendocino County Wine Country, under two hours to the Golden Gate Bridge and one hour north of the Sonoma County Airport.
Active
Price cut: $295K (4/22)
$3,200,000
960 Marlene Street, Ukiah, CA 95482
40beds
22,211sqft
Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$144/sqft
$-- HOA
What's special
- 622 days |
- 96 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Marcia M Lazaro DRE #01915451 707-972-4204,
Coldwell Banker Mendo Realty 707-462-5400,
John Lazaro DRE #00928841 707-972-5400,
Coldwell Banker Mendo Realty
Source: BAREIS,MLS#: 324084737
Originating MLS: Mendocino
Originating MLS: MendocinoLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 40
- Full bathrooms: 4
- Partial bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
- Laundry: Coin Operated, Common Area, Other
Features
- Unit 1 - Beds: 0, Baths: 0, Square Footage: 22211 | Unit 2 - Beds: 40, Baths: 40, Square Footage: 21980 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 22211 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 22211
- Flooring: Carpet, Laminate, Linoleum, Tile
- Windows: Window Coverings, Screens
Interior area
- Total structure area: 22,211
- Total interior livable area: 22,211 sqft
Video & virtual tour
Property
Parking
- Total spaces: 22
- Parking features: Carport, Detached, Uncovered
- Garage spaces: 1
- Carport spaces: 19
- Uncovered spaces: 2
Accessibility
- Accessibility features: Varies By Unit
Features
- Levels: Two
- Stories: 2
- Patio & porch: Enclosed
- Exterior features: Yard Space
- Fencing: Fenced
- Has view: Yes
- View description: Garden/Greenbelt, Hills
Lot
- Size: 1.24 Acres
- Features: Cul-De-Sac, Curb(s), Curbs/Gutters, Landscape Front, Sidewalk
Details
- Parcel number: 0031004300
- Zoning: R2
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
- Foundation: Concrete, Slab
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, City, Internet Available, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s), Varies By Unit
HOA
- Has HOA: No
Location
- Region: Ukiah
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $104,868
- Annual tax amount: $1,389
- Date on market: 10/24/2024
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Price change | $3,200,000-8.4%$144/sqft |
Source:  BAREIS #324084737 Report a problem | ||
| 10/20/2025 | Listed for sale | $3,495,000-7.5%$157/sqft |
Source: BAREIS #324084737 Report a problem | ||
| 10/11/2025 | Listing removed | $3,780,000$170/sqft |
Source: BAREIS #324084737 Report a problem | ||
| 10/24/2024 | Listed for sale | $3,780,000$170/sqft |
Source: BAREIS #324084737 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,389 +3.7% | $104,868 +2% |
| 2024 | $1,339 +0.9% | $102,812 +2% |
| 2023 | $1,328 +3.1% | $100,797 +2% |
| 2022 | $1,287 | $98,822 +2% |
| 2021 | -- | $96,885 +1% |
| 2020 | $1,157 +6% | $95,959 +2% |
| 2019 | $1,092 +2.5% | $94,078 +2% |
| 2018 | $1,065 +1.6% | $92,234 +2% |
| 2017 | $1,048 +3.1% | $90,426 +2% |
| 2016 | $1,017 +0.8% | $88,654 +1.5% |
| 2015 | $1,009 +2.4% | $87,323 +2% |
| 2014 | $985 | $85,613 +0.5% |
| 2013 | -- | $85,226 +2% |
| 2012 | -- | $83,555 +2% |
| 2011 | -- | $81,917 +0.8% |
| 2010 | -- | $81,305 -0.2% |
| 2009 | -- | $81,498 +2% |
| 2008 | -- | $79,900 +2% |
| 2007 | -- | $78,333 +2% |
| 2006 | -- | $76,797 +2% |
| 2005 | -- | $75,292 +2% |
| 2004 | -- | $73,815 +1.9% |
| 2003 | -- | $72,462 +2% |
| 2002 | -- | $71,042 +2% |
| 2001 | -- | $69,620 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 95482
Nearby schools
GreatSchools rating
- 6/10Nokomis Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Pomolita Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Ukiah High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Ukiah Unified
Source: BAREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Local buyer's agents are ready to help
- California
- Mendocino County
- Ukiah
- 95482
- 960 Marlene Street
Nearby cities
Nearby zip codes
Other Ukiah Topics
