Residential Income Property with UPS
For Sale
Contact for pricing
18031 Ocean Drive, Fort Bragg, CA 95437
Turnkey income property with two rented homes and an active UPS lease for added revenue.
Property SizeContact for details
Days on Market52
Property Features for 18031 Ocean Drive
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Seller
Building Details
Buildings
3
Listing Agency:
eXp Realty of Northern California, Inc.
(707) 931-8629
Listed By:
Richard Garcia · License #02042423
Source:
Crexi
Added: Jun 20
Changed: Aug 8
Last Checked: Aug 10 at 4:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Northern California, Inc.
Investment Insights
Based on property information with market context.
This turnkey residential income property sits on approximately 1.3 acres and is configured to produce three separate income streams. The main residence is a charming farmhouse-style 2-bedroom, 1-bath home, and a second unit provides a studio with a full bath and kitchen. In addition, the property includes an active long-term commercial lease with UPS, creating an extra source of monthly income alongside the residential rentals. Both homes are currently rented to long-term tenants.
Located along Ocean Drive between Fort Bragg and Mendocino, the property is described as offering coastal appeal while maintaining year-round tenant demand. The combination of on-site residential units and a dedicated commercial lease supports a straightforward, income-focused ownership structure on one parcel.
For investors and buyers seeking a multi-income setup without relying on short-term vacancy, this offering presents two residential tenancies plus the UPS lease on the same site. The current status is highlighted as long-term occupancy with positive cash flow year round, making it well-suited for those looking for an established, turn-key investment profile. Schedule a showing to review the leases and property details.
Located along Ocean Drive between Fort Bragg and Mendocino, the property is described as offering coastal appeal while maintaining year-round tenant demand. The combination of on-site residential units and a dedicated commercial lease supports a straightforward, income-focused ownership structure on one parcel.
For investors and buyers seeking a multi-income setup without relying on short-term vacancy, this offering presents two residential tenancies plus the UPS lease on the same site. The current status is highlighted as long-term occupancy with positive cash flow year round, making it well-suited for those looking for an established, turn-key investment profile. Schedule a showing to review the leases and property details.
Key Highlights
- 1.3‑acre property between Fort Bragg and Mendocino with three income streams and long‑term tenants
- Main residence: 2‑bed, 1‑bath farmhouse‑style home currently rented to a long‑term tenant
- Second unit: studio with full bath and kitchen currently rented to a long‑term tenant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 95437, CA
14,608
Population
7,654
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
177.4 sq mi
ZIP Area
82
Density / Sq Mi
$55,061
Median Household Income
$35,860
Median Earnings
$1,367
Median Rent
$541,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey income property with two rented homes and an active UPS lease for added revenue.
Where is this duplex located?
The property is located at 18031 Ocean Drive Fort Bragg, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1.3‑acre property between Fort Bragg and Mendocino with three income streams and long‑term tenants; Main residence: 2‑bed, 1‑bath farmhouse‑style home currently rented to a long‑term tenant; Second unit: studio with full bath and kitchen currently rented to a long‑term tenant
