Multifamily

Mendocino, CA Multifamily Properties for Sale

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Madera, CA Little River, CA Caspar, CA Fort Bragg, CA Albion, CA Elk, CA Comptche, CA Philo, CA
Mixed-Use Retail and Residential Building
Updated: Jun 17
Mixed-Use Retail and Residential Building

10540 Lansing St, Mendocino, CA 95460

$1,175,000
3,392 sqft
4‑unit mixed‑use building built in 1978 with approx. 3,392 SF total space
Ground‑floor commercial retail storefront approx. 1,688 SF with prominent downtown visibility
Historic Water Tower Unit 1 approx. 527 SF with loft bedroom and ocean views
Residential Unit 2 is a 2BD/1BA unit approx. 770 SF
Studio Unit approx. 420 SF at ground level
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Historic Mixed-Use Multifamily Building
Updated: Apr 11
Historic Mixed-Use Multifamily Building

10480 Kasten, Mendocino, CA 95460

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Historic Odd Fellows Hall originally built in 1878, an iconic Mendocino village landmark.
Two‑story gabled Victorian main building with preserved redwood detailing and views over village rooftops, water towers, and the ocean beyond.
Adjacent cottage included as part of the Odd Fellows Hall property.
Interior features include hardwood floors, custom doors, wainscoting, and hand‑hewn accents.
Redwood timbers shaped into 3‑piece support beams and massive ceiling beams run throughout the public rooms.
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Three-Unit Coastal View Rental
Three-Unit Coastal View Rental

44920 Little Lake Road, Mendocino, CA 95460

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mendocino, 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.

Duplex with State Route Frontage
Duplex with State Route Frontage

18801 N Highway 1, Fort Bragg, CA 95437

$699,000
1,300 sqft 1.05 AC lot

Duplex on a Coastal-zoned parcel with well water and frontage along California State Route one in Fort Bragg.

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Mobile Home Space for Sale
Mobile Home Space for Sale

1750 South Main Street #109, Willits, CA 95490

$36,900
500 sqft

Mobile home space available in Willits, California.

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Mobile Home in Willits Park
Mobile Home in Willits Park

1750 S. Main Street #37, Willits, CA 95490

$105,000
784 sqft

Mobile home in Mendocino County park for sale.

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

18031 Ocean Drive, Fort Bragg, CA 95437

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

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Mendocino, CA Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Mendocino, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,392 square feet of properties for sale, with an estimated market value of $1,175,000.

Sale prices for multifamily properties in Mendocino, CA average $1,175,000 — 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 2
Triplexes 2
Quadplexes 1

Demographics Overview

Population 2,144
Population Growth (5Y) -5.8%
Median Household Income $68,478
College Educated 60.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
95460 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.19%
Property Tax per SF $7.56 per SF
Tax Rate vs County Average 0.03 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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