bedrooms
bedrooms
18
bathrooms
bathrooms
2
square feet
square feet
0
acreage
Acreage
2.13
open houses
Open Houses
-
year built
year built
1950
full baths
Full Baths
2
half baths
Half Baths
0
Cash cow! A unique income-producing asset on State Street that delivers a 7% cap rate across multiple revenue streams in one of Mendocino County's most accessible commercial corridors! This mixed-use multi-family offering combines 9 garden-level apartment units, one 2/1 house, 14 mobile home sites, and a standalone commercial building on a single 2.13-acre parcel with direct frontage on North State Street and Lake Mendocino Drive along with immediate proximity to Highway 101. The property's diversified rent roll spreads risk across apartments and mobile home space rent tenancy while offering value add potential with the commercial building. Its location places tenants within easy reach of Ukiah's core and regional traffic flow, supporting long-term occupancy and visibility. For an investor seeking stabilized cash flow with multiple income sources, this configuration offers both downside protection and room to add value!
Location
Subdivision -
County Mendocino
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 326074646
Listing status: Active
Listing agent: Todd Schapmire
Listing broker: W Real Estate (707) 591-0570
Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, September 15 2026 at 12:19 p.m. EDT
Kotohomes National