Mendocino Triplex with Ocean
For Sale
$1,485,000
44920 Little Lake Rd, Mendocino, CA 95460
Turn-key triplex in coastal village with immediate rental income.
Property SizeContact for details
Lot Size0.34 Acres
Days on Market177
Property Features for 44920 Little Lake Rd
General Information
Standard status
Active
Lot size
0.34 Acres
Property subtype
Investment
Building Details
Year Built
1960
Stories
2
Listing Agency:
Mendocino Bayside Realty
Listed By:
Birdie Wilson-Holmes · License #01361234
(707) 357-4085
Source:
Elliman
Added: Mar 10
Changed: Sep 2
Last Checked: Sep 1 at 6:51PM
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 Mendocino Bayside Realty
Investment Insights
Based on property information with market context.
This meticulously maintained triplex, named 'Mendocino View,' offers a solid investment opportunity with immediate returns in a welcoming coastal village. The craftsman-style property features artistic design details and village and ocean views. It provides easy access to Big River and Mendocino Headlands State Parks without needing a car. The property includes two upper-level, well-appointed 1-bed, 1-bath vacation rental suites, each with jetted soaking tubs, full-sized kitchens, and covered exterior balconies for enjoying sunsets. An on-site laundry room supports expedited cleaning service for these units. The larger, ground-floor unit, remodeled in 2019, features 2-bedrooms and 1 bathroom, hardwood floors, a large laundry and pantry area with tile floor, and expansive exterior decks with floor-to-ceiling windows to capture the ocean view. All units are equipped with propane fireplaces for heat and ambiance. A Generac generator system provides a secondary power source. Covered parking is available for all units, along with ample guest parking areas. This turn-key property is move-in ready for new buyers and their guests.
Key Highlights
- Three‑unit property offers immediate rental income potential.
- Turn‑key condition and meticulously maintained, move‑in ready.
- Two successful vacation rental units with jetted tubs, full kitchens, and sunset view balconies.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 95460, CA
2,364
Population
1,401
Households
1.7
Avg Household Size
59
Median Age
40%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
68
Density / Sq Mi
$68,478
Median Household Income
$42,760
Median Earnings
$1,908
Median Rent
$666,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Turn-key triplex in coastal village with immediate rental income.
Where is this triplex located?
The property is located at 44920 Little Lake Rd Mendocino, CA.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Three‑unit property offers immediate rental income potential.; Turn‑key condition and meticulously maintained, move‑in ready.; Two successful vacation rental units with **jetted tubs, full kitchens, and sunset view balconies.**
