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757 Waugh Lane, Ukiah, CA, 95482

8beds
5baths
4,270sqft
$899,000
$211price/sqft
$6,796/moest. monthly cost
$271,840/yrincome needed

About This Home

Presenting a rare opportunity to acquire an income-generating multi-family property in the heart of Ukiah! This well-maintained asset consists of two single-story buildings situated on a fully fenced 0.28-acre lot, offering five fully-leased residential units with strong rental history. The unit mix includes three two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. All units are ground level, providing ease of access for tenants and minimizing maintenance concerns for ownership. With onsite laundry and parking, the property meets a critical tenant demand in this competitive rental market. Strategically located near Gobbi Street and Highway 101 with easy access to downtown, this asset offers long-term upside and stable cash flow. The property's configuration, tenant stability, and minimal operating complexity make it an ideal addition to any investor's portfolio, whether you're expanding your multi-family holdings or entering the market with a manageable and reliable income property. Don't miss this opportunity to secure a turnkey investment in one of Mendocino County's most sought-after rental markets!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

6/10
3/10
Pomolita Middle SchoolGrades 6-81.3 mi
5/10
Ukiah High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Composition
  • Construction materials: Wood,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: In Unit,Washer/Dryer Hookups

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 4

Features

  • Unit 1 - Beds: 2,Baths: 2,Square Footage: 4270 | Unit 2 - Beds: 6,Baths: 3,Square Footage: 4270 | Unit 3 - Beds: 0,Baths: 0,Square Footage: 4270 | Unit 4 - Beds: 0,Baths: 0,Square Footage: 4270 | Interior Features: Vaulted Ceiling(s)
  • Flooring: Carpet,Linoleum,Vinyl

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 4,270
  • Total interior livable area: 4,270 sqft

Property

Details

  • Parcel number: 0035822000
  • Zoning: R3
  • Special condition: Standard

Features

  • Levels: One

Lot

  • Lot size: 0.28 Acres
  • Features: Sidewalk

Parking

  • Total spaces: 7
  • Parking features: On Street,Uncovered
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7