757 Waugh Lane, Ukiah, CA, 95482
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
Very Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Mendocino County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,545 | $54,540 |
| Home Insurance * | $393 | $4,716 |
| Property Taxes | $943 | $11,316 |
| Electricity | $915 | $10,987 |
| Total | $6,796 | $81,552 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listed for sale | $899,000 |
| 2016-03-01 | Listing removed | $725 |
| 2016-02-16 | Price change | $725 |
| 2016-01-05 | Listed for rent | $750 |
| 2014-04-08 | Listing removed | $690 |
| 2014-01-07 | Listed for rent | $690 |
| 2013-08-17 | Listing removed | $850 |
| 2013-07-30 | Listed for rent | $850 |
| 2005-02-02 | Sold | $650,000 |
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