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Listing Summary
Virtual Media
Listing
#324021126
$1,149,000 (LP)
403 E Perkins St, Ukiah, CA 95482-4565
Active
(03/29/24)
SqFt:
3770
Lot Size SqFt:
14389
Area/District
:
G0100
Yr
:
Unknown
Virtual Media
Remarks
Mixed-Use, 5 Unit complex. These type of properties rarely hit market, now is your chance. All Units have had major modernization improvements around the early 2000's. The main front unit is currently rented as a nail salon with separate upper studio apartment offering a kitchenette and private bathroom. Additional 3 units are designed as Two, 2 Bedroom, 1 Bath units. And One, 1 Bedroom, 1 Bath unit. There are 2=Studio Units. 5 Units Total. All tenants have access to the paved off street private parking lot. Most units have private laundry and some of the units have private patios too. The property is being sold with 2 lots 403 and 401 Perkins street for a total lot size of 14,389 SF. The back side of the property was developed to allow for RV parking. There are also storage units that could be rented out to the tenants for extra income. This corner lot has been beautifully maintained and landscaped with a sprawling green lawn area, numerous varieties of plants and trees. This turn-key investment property offers a stable tenant base with low vacancy rates. Located at the heart of downtown Ukiah with-in walking distance to shopping, hospital and schools only a quarter mile from Hwy 101. Zoning allows for a variety of land uses including Residential, Commercial and Mixed Use
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Showing Information
Directions to Property
Follow Hwy 29 to Perkins St. Go West. Property is located on the corner of Perkins and Leslie St
Remarks
Agent and Office Information
Agent
Shelly M Reed
Primary:707-263-5521 Secondary:707-994-7100 Other:707-994-7100 Lic: 01451243
Office
Century 21 Epic
Phone: 707-994-7100, FAX: 707-994-5879 Office Lic: 01523620
Price, Dates and Commissions
Broker Co-op
Broker Co-op
2.5
# Of Units Total
5
Unit Information
# Of Buildings
4
# Of Units Leased
0
# Of Units Month to Month
0
# Of Units Vacant
0
# of 1 Bedroom Units
1
# of 2 Bedroom Units
2
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
2
# Commercial Units
0
Other Unit(s)
Detached Cottage, Store(s)
Unit 1 Bedrooms
2
Unit 1 Full Baths
2
Unit 1 Partial Baths
0
Unit 1 Rent
$
1750
Unit 1 Description
Nail Salon 1 BR 1 BA. Attached interior Upper Studio apartment 1 BA 1 Room rents separate. 1250SF
Unit 1 Approx SqFt
1250
Unit 1 Identification
401 and 401-AMain Front Unit
Unit 1 # of Rooms
5
Unit 1 Occupancy
Tenant
Unit 1 Rent Source
Owner
Unit 1 Lease Term
Month to Month
Unit 1 SqFt Source
Owner
Unit 1 Type
Store
Unit 2 Bedrooms
1
Unit 2 Full Baths
1
Unit 2 Partial Baths
0
Unit 2 Rent
$
1200
Unit 2 Description
403-A: 1 BR 1 BA, Patio with Laundry
Unit 2 Approx SqFt
548
Unit 2 Identification
403-A
Unit 2 # of Rooms
3
Unit 2 Occupancy
Tenant
Unit 2 Lease Term
Month to Month
Unit 2 SqFt Source
Owner
Unit 2 Type
Apartment
Unit 3 Bedrooms
2
Unit 3 Full Baths
1
Unit 3 Partial Baths
0
Unit 3 Rent
$
1200
Unit 3 Description
2 Br 1 BA. 578 SF Laundry
Unit 3 Identification
403-B
Unit 3 # of Rooms
0
Unit 3 Occupancy
Tenant
Unit 3 Lease Term
Month to Month
Unit 3 SqFt Source
Owner
Unit 3 Type
Apartment
Unit 4 Bedrooms
2
Unit 4 Full Baths
1
Unit 4 Partial Baths
0
Unit 4 Rent
$
1050
Unit 4 Description
2 BR 1 BA. 816 SF No Laundry. On site manager unit, rent lower for service provided owner.
Unit 4 Identification
403-C
Unit 4 # of Rooms
4
Unit 4 Occupancy
Owner
Unit 4 Rent Source
Owner
Unit 4 Lease Term
Month to Month
Unit 4 SqFt Source
Owner
Unit 4 Type
Apartment
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
1
# of 2 Bedrooms Occupied
2
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
2
Studio Annual Occupancy
100
%
Unit Income and Expense
Gross Scheduled Income
$
76200
Income Includes
Manager's Unit, See Remarks
Operating Expense
$
24467
Total Deposit
$
0
Total # Leasable
0
Total # Section 8
0
Utilities Expense
$
4362
Operating Expense Includes
Property Tax, Other
Other Expense
$
2262
Tax Annual Amount
$
5664
Financial Data Source
Owner
Lease Term
12 Months
Tenant Pays
Cable TV, Electricity, Gas, See Remarks
Separate Meters
Electricity
Actual or Scheduled
Scheduled
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Terms
Conventional, Submit
Possession
Negotiable
Property Information
Subtype Description
Apartments
Approx SqFt
3,770
SqFt Source
Owner
Price / SqFt
304.77
Lot Sq Ft
(
approx
)
14,389
Lot Acres
(
approx
)
0.3303
Lot Size Source
(Verified)
# of Rooms
12
Year Built
Unknown
Stories
0
Levels
One, Two
Special Listing Conditions
Offer As Is, None
Property Condition
Updated/Remodeled
Property Location
County
Mendocino
Cross Street
Leslie St
Area/District
Ukiah
Subdistrict
Zoning
SFR
Signs
No
Interior Information
Appliances
Dishwasher, Free Standing Gas Oven, See Remarks
Flooring
Carpet, Laminate, Tile
Cooling
Ceiling Fan(s), Central
Heating
Central
Laundry Features
In Each Unit, Varies by Unit, Washer/Dryer Hookups
Basement
None
Construction Information
Architectural Style
Cottage
Construction Materials
Wood Siding
Foundation
Combination
Roof
Composition
Window Features
Dual Pane Full
Utilities
Electric
Electric
220 Volts
Water Source
Public
Sewer
Public Sewer
Security Features
Carbon Mon Detector, Smoke Detector
Irrigation
Public District
Parking Information
Garage Spaces
0
Total Parking Spaces
7
Covered Spaces
0
Carport Spaces
0
Open Parking Spaces
0
# of RV/Boat
0
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Off Street, See Remarks
Lot and Outdoor Information
Lot Features
Auto Sprinkler F&R, Corner, Landscape Front
View Description
Other
Topography
Level
Patio And Porch Features
See Remarks
Loading
None
Association Information
Association
No
School Information
School District (County)
Mendocino
Green Information
Energy Efficient
Cooling
Other Listing Information
Special Zones
Flood Zone
Disclosures/Documents
Preliminary Title Report, See Remarks, Seller Property Questionnaire
Mortgage Info
Mortgage Calculator