102 Laws Ave Ukiah, CA 95482
This exceptional 5-unit apartment building presents a compelling investment opportunity in Ukiah, California. Located at 102 Laws Ave, this property boasts 4,440 square feet on a 0.19-acre lot, offering a price per square foot of $174.55 and a price per unit of $155,000. The building, constructed in 1972 and extensively renovated in 2020, is a two-story Class C multifamily property with a permitted multi-family zoning designation. The property features five units, all currently occupied, and includes a convenient coin-operated laundry facility. Modern amenities such as updated kitchens and flooring, along with central heating and air conditioning, enhance tenant appeal and contribute to strong rental demand. The property's prime location in Ukiah ensures high occupancy rates and provides a solid foundation for a stable and potentially appreciating investment. The property's APN is 003-420-44-00 and is situated in Mendocino County, CA, zip code 95482. This fully occupied, renovated property offers immediate returns and significant long-term growth potential. This is a turnkey investment ready for a new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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