50
See all 50 photos
$3,985,000
Est. payment /mo
1 Bed
1 Bath
Active
10481 Lansing Street Mendocino, CA 95460
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID C1-11022
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
Here is a great opportunity to live in Mendocino Village and also have a steady income stream. This comfortable 1 bedroom, 1 bathroom residence has high end amenities and lives like a penthouse suite, overlooking the streetscape below or the ocean views beyond. There is a private deck with a hot tub for relaxation or simply lounging around.This fabulous living space could also be your second home, a place to get away to the coastal climate and oversee your investment. The income is generated from 6 distinctly different retail spaces which are enjoyed by locals and visitors alike. The corner lot is one of the best locations in Mendocino for street exposure and foot traffic. Additionally there is a popular restaurant which comprises the 7th tenant. Historically there has been very little vacancy. Enjoy the beautiful Mendocino coast and get a return on your investment as well.
Location
State CA
County Mendocino
Zoning Assessor
Direction Southeast corner of Lansing and Ukiah Streets.
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Others
Tax ID 1192500100
Listed by Greg Burke Mendo Sotheby's International Realty