Multifamily

Albion, CA Multifamily Properties for Sale

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Little River, CA Elk, CA Mendocino, CA Madera, CA Comptche, CA Caspar, CA Fort Bragg, CA Philo, CA
Coastal Short-Term Rental Property
Updated: Jun 6
Coastal Short-Term Rental Property

2960 Spring Grove Road, Albion, CA 95410

$3,310,000
3,541 sqft 3.04 AC lot
3.04‑acre property with 3,541 SF main home and cottages
Main home: upgraded manufactured ranch with three bedrooms plus a study, three bathrooms
Two private studio‑style cottages on cliffs with unobstructed Pacific Ocean views
Each studio cottage includes a gas stove, hot tub, and expansive deck
Heating includes central plus wood‑burning stoves and fireplace(s)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Albion, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Coastal Duplex with Highway Frontage
Coastal Duplex with Highway Frontage

18801 N Highway 1, Fort Bragg, CA 95437

$699,000
1,300 sqft 1.05 AC lot

Two separate homes occupy a commercially positioned coastal parcel with well water and direct State Route 1 access.

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Mixed-Use Retail and Residential Building
Mixed-Use Retail and Residential Building

10540 Lansing Street, Mendocino, CA 95460

$1,175,000
3,392 sqft

Four-unit building with a prominent ground-floor storefront and three residential units, with inspection reports available.

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

18031 Ocean Dr, 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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Three-Unit Coastal View Rental
Three-Unit Coastal View Rental

44920 Little Lake Road, Mendocino, CA 95460

Contact for pricing

Three rental units with covered balconies, full kitchens, on-site laundry, and propane fireplaces for heat.

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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 average $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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