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Two Single-Story Multifamily Buildings

757 Waugh Lane Ukiah, CA 95482

New
757 Waugh Lane, Ukiah, CA, 95482
$899,000
For Sale
Claim this Listing
$899,000

MULTI_FAMILY - Ukiah, CA

Property Size4,270 SF
Lot Size0.28 Acres
Price / SF$210.54
AddedJul 13
Days on Market2
Last RefreshJul 14 at 3:06 pm

Property Features for 757 Waugh Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 7, Bathroom 1
Parking
7
Parking features
Covered, On Street
Interior features
Vaulted Ceiling(s)
Appliances
Gas Water Heater
Standard status
Active
APN
0035822000
Size
4,270 SF
Lot size
0.28 Acres

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Ceiling Fan(s)
Water source
Public

Building Details

Year built
1998
Floors in Building
1
Number of units
5
Flooring type
Linoleum, Carpet, Vinyl
Building materials
Wood, Wood Siding
Roof type
Composition

Listing agent Todd Schapmire License #01414195

Listing office W Real Estate 500 Bicentennial Wy St 310, Santa Rosa, CA

Listing date Jul 13, 2026

MLS# 325077955 Listing URL

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale multifamily property features two single-story buildings on a fully fenced lot. The asset includes five ground-level residential units that are currently leased. The unit mix consists of three two-bedroom, one-bath apartments and two one-bedroom, one-bath apartments. Onsite laundry and parking are provided for tenant convenience.

The property is located at 757 Waugh Lane in Ukiah, California, with access to downtown and major routes including Highway 101.

The layout is designed for straightforward tenant access, with all units located at ground level, helping simplify everyday operations compared with multi-level configurations.

Key Highlights

  • Two single‑story buildings on a fully fenced 0.28‑acre lot
  • Five total residential units: three 2BR/1BA and two 1BR/1BA
  • All units are ground level for easy tenant access

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $69.2k $16.20
− Vacancy −$3.1k −$0.73
EGI $66.1k $15.47
− OpEx −$29.7k −$6.96
NOI $36.3k $8.51
4,270 SF · lease $16.20/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$519.1K
$454.2K – $605.6K (±1% cap)
NOI $36,334 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,748 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant (Bike/Boat/Book/etc) Store Clothing & Fashion Store Florist Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two fully leased single-story buildings on a fully fenced lot offer five ground-level units with onsite laundry and parking.
Where is this apartment building located?
The property is located at 757 Waugh Lane Ukiah, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two single‑story buildings on a fully fenced 0.28‑acre lot; Five total residential units: three 2BR/1BA and two 1BR/1BA; All units are ground level for easy tenant access
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