Multifamily

Albion, CA Multifamily Properties for Sale

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Little River, CA Elk, CA Mendocino, CA Madera, CA Comptche, CA Fort Bragg, CA Philo, CA Manchester, CA
Multi-Unit Coastal Vacation Compound
Updated: Jun 6
Multi-Unit Coastal Vacation Compound

2960 Spring Grove Road, Albion, CA 95410

$3,310,000
3,541 sqft 3.04 AC lot
Main home: upgraded manufactured 3‑bedroom + study, 3‑bath with remodeled gourmet kitchen and large windows framing Pacific Ocean views
Two private studio‑style cottages with gas stoves, hot tubs, and expansive decks, positioned on cliffs with unobstructed Pacific Ocean views
Property has 3+/- acres on Albion coastline with ocean views and coastal setting
Heating includes central heating plus fireplace(s), wood, and wood stove(s); fireplace is present
Utilities: well water and septic tank; cable available
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Albion, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Tenant-Occupied Triplex with Parking
Tenant-Occupied Triplex with Parking

713 S Main St, Willits, CA 95490

$445,000

Triplex includes a studio plus two-bedroom units, with two dedicated parking spaces and tenant occupancy for immediate income.

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Residential Income Property with UPS Lease
Residential Income Property with UPS Lease

18031 Ocean Drive, Fort Bragg, CA 95437

$625,000

Turnkey income property with two rented homes and an active UPS lease for added revenue.

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Mobile Home Space for Sale
Mobile Home Space for Sale

1750 South Main Street #109, Willits, CA 95490

$39,000
500 sqft

Mobile home space available in Willits, California.

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Automotive Business with Residential Units
Automotive Business with Residential Units

18781 Highway 1, Fort Bragg, CA 95437

$980,000
5,000 sqft

Automotive shop with residential units and development potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Clearlake Land/Lot Opportunity
Clearlake Land/Lot Opportunity

3519 Covelo Street, Clearlake, CA 95422

Contact for pricing
0.13 AC lot

Three adjoining lots near Pomo school, ideal for manufactured home.

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Land with Private Well
Land with Private Well

7114 Horseshoe, Corning, CA 96021

$34,900
1.28 AC lot

Over an acre of land with a private well.

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Rancho Tehama Homesite Opportunity
Rancho Tehama Homesite Opportunity

16305 Hillcrest Drive, Corning, CA 96021

Contact for pricing
1.86 AC lot

1.86-acre homesite in Rancho Tehama community.

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Corning Land/Lot Opportunity
Corning Land/Lot Opportunity

15785 Placer Court, Corning, CA 96021

Contact for pricing
1.61 AC lot

1.61 acre lot perfect for barndominium or mobile home.

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Albion, CA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Albion, CA on our real estate platform. These investment opportunities span a total of 3,541 square feet of properties for sale, with an estimated market value of $3,310,000.

Sale prices for multifamily properties in Albion, CA start at $3,310,000, averaging $3,310,000, and reaching up to $3,310,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 1

Demographics Overview

Population 642
Population Growth (5Y) -44.6%
Median Household Income $39,628
College Educated 90.7%

High-Yield Neighborhoods for Investment

Identify Albion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
95410 $3.3M

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $7.79 per SF
Tax Rate vs County Average 0.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mendocino County

New Delisted

Total CRE Inventory on Market (SF)

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