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Multi-Family Property 757 Waugh Ln 5 Unit Apartment Building $899,000 ($179,800/Unit) Ukiah, CA 95482



Executive Summary
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!
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 003-582-20-00 | Improvements Assessment | $616,799 |
| Land Assessment | $278,771 | Total Assessment | $895,570 |
Property Taxes
Parcel Number
003-582-20-00
Land Assessment
$278,771
Improvements Assessment
$616,799
Total Assessment
$895,570
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Multi-Family Property | 757 Waugh Ln
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