44920 Little Lake Road, Mendocino, CA, CA 95460

$1,690,000

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List Price
$1,690,000
Price Change
▼ $160,000 1782533662
Status
ACTIVE
MLS#
C1-10971
County
Mendocino
Year Built
1960
Square Feet
14,810
Days on Market
464
Property Type
Multifamily
Style
Craftsman
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Prime location in the Mendocino Village. 3 units! Excellent income source and a custom-crafted, finely built, high quality home. Turn-key-move-in ready for new buyers and their guests &/or extended family to enjoy. Meticulously maintained & carefully cared for. Extensive reports and property history disclosures available upon request. Mendocino View is a delightful 3 unit rental property with village and ocean views in a fun and welcoming community. Excellent value and quality construction. Zoned for vacation rental and Bed and Breakfast use. Come see for yourself and enjoy the laid back, easy going, Mendocino lifestyle. Live in a beautiful coastal village and earn rental income too! A solid investment property with immediate returns! Easy access (no car needed) to Big River and Mendocino Headlands State Parks. Craftsman style home with artistic design details. Two, upper level, well-appointed and successful vacation rentals. Both are 1-bed, 1-bath suites with jetted soaking tubs. Full-sized kitchens. Covered exterior balconies to relax and take in the amazing sunsets. The vacation rental units have an on-site laundry room with facilities and appliances for expedited cleaning service. The larger, ground floor unit, remodeled in 2019, is a lovely home with 2-bedrooms, 1 bathroom and space for possibly adding a 2nd bathroom in the primary bedroom. Ready for new tenants or a live/work space for new owners. Hardwood floors, large laundry and pantry area with tile floor, expansive exterior decks & floor to ceiling windows to take in the ocean view. All units enjoy propane fireplaces for heat & ambiance. On-demand Generac generator system for a secondary power source. Covered parking for all units & ample guest parking areas.

Additional Information

Parcel Number
1191401000
Gross Scheduled Income
$92,229
Operating Expense
21069
Net Operating Income
$71,160
Number of Buildings
1
Lot Features
Landscaped, Near Park, Near Public Transit, Rectangular Lot, Sprinklers None, Sloped Up
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Appliances
Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Range, Propane Range, Propane Water Heater, Refrigerator, Range Hood, Dryer, Washer
Utilities
Cable Available, Electricity Connected, Natural Gas Not Available, Propane, Sewer Connected, Water Connected
Heat
Forced Air, Fireplace(s), Kerosene, Propane
View
Bay, Park/Greenbelt, Hills, Neighborhood, Ocean
Exterior Construction
Drywall, Redwood Siding
Roof
Composition
Garage Spaces Total
3
Sewer
Public Sewer
Water
Well
Community Features
Biking, Curbs, Golf, Gutter(s), Hiking, Preserve/Public Land, Storm Drain(s), Street Lights, Sidewalks, Fishing, Park

Listing courtesy of Listing Agent: Birdie Wilson-Holmes (birdie@mendocinobaysiderealty.com) from Listing Office: Mendocino Bayside Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.