1 of 72

Want to see this property?

960 979 Marlene Street

Ukiah, CA 95482

– beds
– baths
22,211 sqft
~2 acre lot
$191 per sqft
1983 build
– on site

Rare opportunity for investors and developers alike, this Ukiah Valley 20-unit multi-family complex on 2.3 acres offers terrific cash flow and with the recently approved minor subdivision and rezoning, the potential for additional units. The approved minor subdivision creates a separate 1.07 acre parcel and the entire property will be rezoned to R2 zoning. A 1985 subdivision converted this multi-family property into condominiums on 20 individual legal parcels, these townhomes are currently rented with strong rents and a stable tenant base. 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 with majestic redwoods and underground utilities creates a parklike setting at the end of a cul-de-sac in a desirable centrally located neighborhood. Some AP numbers will change with the recording of the final subdivision maps and re-zoning. 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.

Listing courtesy of BAREIS / Marcia Lazaro / Coldwell Banker Mendo Realty

Last checked: Checking… • Last updated Feb 11, 2025 •

MLS# 324000359 —

The Building

Year Built:

1983
Year Built Source:

Assessor Agent-Fill
Architectural Style:

Traditional
Subtype Description:

Apartments, Condominiums, Townhouses
Construction Materials:

Frame, Wood Siding
Levels:

Two
Roof:

Composition
Foundation:

Concrete, Slab
Window Features:

Varies by Unit, Window Coverings, Window Screens
Patio And Porch Features:

Enclosed Patio, Varies by Unit
Accessibility Features:

Varies By Unit
Security Features:

Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
# of Floors:

2
# of Units Total:

20
SqFt:

22,211 Sqft
# of Buildings:

4
SqFt Source:

Condo Map

Interior

Flooring:

Carpet, Laminate, Linoleum, Tile, Varies by Unit

Location

Directions:

101 N. or S. Take Perkins Street Exit. Turn left on S. Orchard Street. South of Gobbi Street, continue straight onto Marlene Street. Apartment Complex is at the end of the street.
Cross Street:

S. Orchard Avenue
Area:

Ukiah

The Property

Property Type:

Residential Income
Property Type:

5 or More Units
Lot Features:

Cul-De-Sac, Curb(s), Curbs/Gutters, Landscape Front, Sidewalk
100188

Lot SqFt:
Lot Size Measurement:

Acres
Lot Size Source:

Not Verified
Zoning:

PD
View Description:

Garden/Greenbelt, Hills, Varies by Unit
2.3000

Acres:
Exterior Features:

Fenced Yard, Swimming Pool, Yard Space

Listing Agent

Contact info:

Taxes

Assessors Parcel Number:

003-100-42-00

The Listing

Special Listing Conditions:

Offer As Is

Heating & Cooling

Heating:

Central
Cooling:

Central

Utilities

Utilities:

Cable Available, City, Internet Available, Natural Gas Connected
Water Source:

Public
Sewer:

Sewer Connected
Separate Meters:

Electricity, Gas

Appliances

Appliances:

Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
Laundry Features:

Coin Operated, In Common Area, Other

Schools

Elementary School District:

Ukiah Unified
Middle Or Junior School District:

Ukiah Unified
Senior High School District:

Ukiah Unified
School District (County):

Mendocino

The Community

Association:

No
Cap Rate:

5.32

Parking

Garage Spaces:

1.00
Carport Spaces:

18.00
Covered Spaces:

18.00
Total Parking Spaces:

38.00
Parking Features:

Carport, Detached, Guest Parking Available, Uncovered
Open Parking Spaces:

19.00

Extra Units

# of 2 Bedroom Units:

20
Unit 1 Type:

Apartment
Unit 1 Description:

2BR/1.5BA Townhouse
Unit 1 Bedrooms:

2
Unit 1 # of Rooms:

4
Unit 1 Full Baths:

1
Unit 1 Partial Baths:

1
Unit 1 Approx SqFt:

1132
Unit 2 Type:

Apartment
Unit 2 Full Baths:

1
Unit 2 Description:

2BR/1.5BA Townhouse
Unit 2 Bedrooms:

2
Unit 2 # of Rooms:

4
Unit 2 Partial Baths:

1
Unit 2 Approx SqFt:

1099
Unit 3 Bedrooms:

2
Unit 3 Type:

Apartment
Unit 3 Description:

2BR/1.5BA Townhouse
Unit 3 Full Baths:

1
Unit 3 # of Rooms:

4
Unit 3 Partial Baths:

1
Unit 3 Approx SqFt:

1176
Unit 4 Type:

Apartment
Unit 4 Description:

2BR/1.5BA Townhouse
Unit 4 Bedrooms:

2
Unit 4 # of Rooms:

4
Unit 4 Full Baths:

1
Unit 4 Partial Baths:

1
Unit 4 Approx SqFt:

1132

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/23/24 Oct 23, 2024	Price Changed	BAREIS	$4,250,000	-15.0%
1/5/24 Jan 5, 2024	Listed / Active	BAREIS	$5,000,000

Want a closer look?

Go see 960 979 Marlene Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Ukiah, CA

Similar sold homes

This multifamily located in Ukiah, CA 95482 is currently for sale for $4,250,000. 960 979 Marlene Street is a 22,211 square foot multifamily with – beds and – baths that has been on Estately for 413 days. This multifamily is in the attendance area of Pomolita Middle School, Nokomis Elementary School, and Ukiah High School.

Listing courtesy of BAREIS, Coldwell Banker Mendo Realty, and Marcia Lazaro.