$2,250,000

530 Talmage Rd Ukiah, CA 95482

Estimated payment $14,785/month

Total Views 29,897
16 Beds
10 Baths
9,150 Sq Ft
$246 Price per Sq Ft

Highlights

  • Private Yard
  • Tile Flooring
  • Energy-Efficient Windows
  • 24 Car Attached Garage
  • Landscaped
  • Wall Furnace

About This Home

A great multi-family investment opportunity in South Ukiah, this well-maintained 16-unit apartment complex offers good cash flow with a stable tenant base, C-1 zoning, and four 4-plexes on four separate legal parcels. The 1 bedroom/1 bath, 572+/- square foot units offer an open kitchen/living room layout, bright spacious bathrooms and individual attached carports. Very clean complex with many recent upgrades including newer roof and exterior paint, dual pane windows and new vinyl flooring, interior paint, kitchen cabinets and appliances in several units during the current ownership. Conveniently located close to Ukiah's busy Airport Blvd. shopping area, schools and freeway access. Ukiah is in the heart of Mendocino County Wine Country, just 2 hours north of the Golden Gate Bridge and 1 hour to the Sonoma County Airport.

Listing Agent

Marcia Lazaro

Coldwell Banker Mendo Realty License #01915451

Coldwell Banker Mendo Realty

Co-Listing Agent

John Lazaro

Coldwell Banker Mendo Realty License #00928841

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 1.02 Acre Lot
  • Landscaped
  • Private Yard

Home Design

  • Garden Apartment
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 9,150 Sq Ft Home
  • 1-Story Property
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 24 Car Attached Garage
  • 12 Open Parking Spaces
  • 16 Carport Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-150-58-00

Community Details

Overview

  • 4 Buildings
  • 16 Units

Building Details

  • Gross Income $209,532

Property Details

Home Type

Multi-Family

Year Built

Built in 1947 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Garden Apartments
  • Directions To Property: 101 N. or S. to Talmage Street exit and head west. Turn right at first stoplight (Airport Blvd.) and then an immediate left. Property on right.
  • Lot Size Acres: 1.0200
  • CapRate: 5.79
  • Levels: One
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Carpet, Tile, Varies By Unit, Vinyl
  • Square Footage: 9150.00
  • NumberOfBuildings: 4

Exterior Features

  • Construction Materials: Block, Stucco, Wood
  • Foundation: Slab
  • Lot Features: Landscape Front, Shape Regular
  • Property Condition: Updated/Remodeled, Varies By Unit
  • Roof: Composition
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: Attached, Carport, Covered, Off Street
  • Total Parking Spaces: 24.00
  • Carport Spaces: 16.00
  • Covered Parking Spaces: 16.00
  • OpenParkingSpaces: 12.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Internet Available
  • Water Source: Public
  • Heating: Electric, Wall Furnace
  • Laundry Features: Other
  • Separate Meters: Electricity

Schools

  • School District: Mendocino
  • Middle/Junior School District: Ukiah Unified

Lot Info

  • Assessor Parcel Number: 003-150-58-00
  • Lot Size Sq Ft: 44431.00

Green Features

  • Energy Efficient: Windows

Rental Info

  • TenantPays: Electricity, Trash Collection, Other, See Remarks

Building Info

  • Year Built: 1947

Multi Family

  • One Bedroom Annual Occupancy: 97
  • 1 Bedroom Rent Range: 880-1175
  • Number Of1 Bedrooms Occupied: 16
  • Number of 1 Bedroom Units: 16
  • NumberOfUnitsTotal: 16

MLS Schools

  • Senior High School District: Ukiah Unified
  • School District (County): Mendocino

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Price Changed $2,250,000 -2.2% $246 / Sq Ft
12/02/2024 12/02/24 For Sale $2,300,000 +17.9% $251 / Sq Ft
03/11/2022 03/11/22 Sold $1,950,000 -7.1% $213 / Sq Ft
10/13/2021 10/13/21 For Sale $2,100,000 -- $230 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324092098

Bay Area Real Estate Information Services (BAREIS)