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Sold on 05/17/2021
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1450 S State St, Ukiah, CA 95482

  • $6,432,470

    Last sold 05/17/2021 for $4.4M

  • 4

    bed

  • 2

    bath

  • 37,302

    Sqft ($118/Sqft)

Multi-family not for sale
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About 1450 S State St

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 1.73 Acre
Movoto estimate
Parking 15 garage spaces
Property description
Garden style apartment complex featuring 33 units located in Ukiah, the County Seat of Mendocino County. The complex has been very well maintained over the years and features all two bedroom, one bathroom flats. The ground units have small yards and the second floor units have balconies. Numerous units have been remodeled upon turnover and the roofs and exterior of the buildings have been replaced or repaired as needed. Each unit is separately metered for electric and gas. There is common area laundry that generates revenue as well as a common area pool. Current ownership has maintained property with a pride of ownership that will benefit the new owner for years to come. Located close to shopping, transportation, and numerous services for the convenience of the tenants.
Listed by
Listing Agent - Todd Schapmire
Listing Office - W Real Estate
Source: BAREIS mls logo
MLS#22033748 • last updated 5 years ago
Movoto checked BAREIS for data 15 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating Gas
Levels/Style 22
SqFt 37302
SubType 5 Or More Units
Type Residential Income
Year Built 1978
MLS # 22033748
Status Closed
On Market Date 2021-02-02
Lot Size (Acres) 1.73
Lot Size (SqFt) 75359
Interior
Laundry Coin Operated, In Common Area
Flooring Carpet, Vinyl
Appliances Dishwasher, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator
Exterior
Foundation Concrete, Slab
Roof Composition, Shingle
# Garage Spaces 15
# Parking Spaces 54
Parking Detached, Garage, Uncovered
# Open Parking Spaces 21
Exterior Features Swimming Pool
Lot Desc Landscape Front
Amenities / Utilities
Water Source Public
Utilities Cable Available, City, DSL Available, Internet Available, Natural Gas Connected
Sewer/ Septic Public Sewer
Location
Area Ukiah
County Mendocino
APN 003-420-55-00
Multifamily Details
Unit 2: # Bedrooms 2
Unit 2: # Full Bathrooms 1
Unit 2: # of Rooms 5
Unit 1 Ground Floor Apartment
Unit 1: # Full Bathrooms 1
Unit 2 Second Floor Apartment
Unit 1: # Bedrooms 2
Unit 1: # of Rooms 5
# of Units 33
# of 2-Bedroom Units 33
Total # of Buildings 6
Separate Meters Electricity, Gas
Tenant Pays Electricity, Gas
Gross Scheduled Income $ 465868
Cap Rate 5.64
$6.43M
Range: $5.78M-$7.07M
Last 30 days 
  • 1450 S State St
    $4.4M
  • G0100
  • 95482
    $595K +1% y/y
  • Ukiah
    $595K +1% y/y
No chart available
Statistics calculated by Movoto

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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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