18031 Ocean Drive, Fort Bragg, CA, 95437
About This Home
INVESTOR'S DREAM, Income Producing 1.3 Acres Between Fort Bragg & MendocinoTurnkey investment opportunity in a highly desirable coastal location. This 1.3 acre property offers three income streams with longterm tenants in place, delivering positive cash flow year round.Features:Main Residence: Charming farmhouse style 2 bed, 1 bath homeSecond Unit: Studio with full bath and kitchen Commercial Lease: Active long term lease with UPS for additional monthly incomeBoth homes are currently rented to stable, long term tenants. Nestled between Fort Bragg and Mendocino, this property combines coastal appeal with consistent rental demand.Rare to find multiple performing income streams on one parcel. Schedule your showing today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1944
Materials
- Foundation: See Remarks
- Roof: Composition
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Architectural style: Cottage, Craftsman
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Propane Cooktop,Refrigerator,Water Heater
- Laundry features: Inside,Stacked
Features
- Flooring: Carpet,Tile,Vinyl
- Fireplace features: Living Room,Wood Burning
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Baseboard,Central,Wood Stove
- Cooling features: None
Property
Details
- Parcel number: 0170705100
- Zoning: c
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 1.30 Acres
- Features: Sprinklers None
Parking
- Total spaces: 4
- Parking features: On Site
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
- Wildfire
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 | $3,160 | $37,920 |
| Home Insurance * | $180 | $2,160 |
| Property Taxes | $348 | $4,176 |
| Electricity | $398 | $4,786 |
| Total | $4,086 | $49,032 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Pending sale | $625,000 |
| 2026-06-20 | Listed for sale | $625,000 |
For Sale by Agent
View on Zillow