For Sale
$775,000

102 Laws AveUkiah, CA 95482

Five-unit apartment building, renovated, high demand.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 5-unit apartment building presents a compelling investment opportunity in Ukiah, California. Located at 102 Laws Ave, this property boasts 4,440 square feet on a 0.19-acre lot, offering a price per square foot of $174.55 and a price per unit of $155,000. The building, constructed in 1972 and extensively renovated in 2020, is a two-story Class C multifamily property with a permitted multi-family zoning designation. The property features five units, all currently occupied, and includes a convenient coin-operated laundry facility. Modern amenities such as updated kitchens and flooring, along with central heating and air conditioning, enhance tenant appeal and contribute to strong rental demand. The property's prime location in Ukiah ensures high occupancy rates and provides a solid foundation for a stable and potentially appreciating investment. The property's APN is 003-420-44-00 and is situated in Mendocino County, CA, zip code 95482. This fully occupied, renovated property offers immediate returns and significant long-term growth potential. This is a turnkey investment ready for a new owner.

Highlights

  • Exceptional 5-unit apartment building investment opportunity in Ukiah, CA.
  • 4,440 sq ft building on a 0.19-acre lot, priced at $174.55/sq ft and $155,000/unit.
  • Two-story Class C multifamily property, built in 1972, extensively renovated in 2020, with permitted multi-family zoning.
  • Five fully occupied units with on-site coin-operated laundry.
  • Updated kitchens, flooring, central heating & air conditioning.

Property Details for 102 Laws Ave

Property type
Apartment buildings
Square Feet
4,440 SF
Class
C
Year Built/Renovated
1972/2020
Buildings
1
Stories
2
Lot Size (sq. ft)
8,276 SF
Units
5

Location Insight

City
Ukiah
County
Mendocino
State
California
Latitude
39.1263536
Longitude
-123.2054659
102 Laws Ave, Ukiah, California

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102 Laws Ave
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