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Sold on 01/01/2025
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362 N Main St, Willits, CA 95490

  • $605,000

    Last sold 01/01/2025 for $730K

  • 8

    bed

  • 8

    bath

Multi-family not for sale
Movoto is helping 6 homebuyers near you

About 362 N Main St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 7,684 Sqft
Movoto estimate
Property description
Amazing Opportunity! Renovated 8-unit apartment complex in Willits presents an exceptional investment opportunity. Spanning two lots, the property features eight 1-bedroom, 1-bathroom units, with four units situated in a two-story configuration. The upgrades include a replaced foundation, new staircases and decks, as well as plumbing, and electrical systems. Additionally, the property boasts new drywall, insulation, kitchens, bathrooms, flooring, heating systems, windows, doors, and siding, ensuring a turnkey investment. With a great capitalization rate, this multifamily asset is poised to deliver consistent returns for discerning investors seeking to expand their real estate portfolio in the growing Willits market.
Listed by
Listing Agent - Christina Yates
Listing Office - Luxe Places International Realty
Source: BAREIS mls logo
MLS#324031706 • last updated 1 year ago
Movoto checked BAREIS for data 4 minutes ago
Overview
Cooling/AC None
Heating Wall Furnace
Levels/Style 2
SubType 5 Or More Units
Type Residential Income
Year Built 1940
MLS # 324031706
Status Closed
On Market Date 2024-05-01
Lot Size (Acres) 0.1764
Lot Size (SqFt) 7684
Condition Updated/Remodeled
Interior
Laundry In Common Area
Flooring Laminate
Appliances Other
Exterior
Roof Composition
# Parking Spaces 10
Parking Uncovered
Lot Desc Private, Shape Irregular
Amenities / Utilities
Water Source Meter On Site, Public
Utilities City, Electric
Sewer/ Septic Sewer In Street
Location
Area Willits
County Mendocino
APN 005-020-08-00
Multifamily Details
# of 1-BR Occupied 8
Unit 2: # Bedrooms 2
1-BR: Rent Range 1200
3-BR: Rent Range 1200
4-BR: Rent Range 900
Unit 4: # of Rooms 3
Unit 4: # Bedrooms 2
Unit 2: # Full Bathrooms 2
Unit 3 1 Bed/ 1 Bath, New Flooring, Kitchen And Bath.
Unit 4: # Full Bathrooms 2
2-BR: % Occupied 100
3-BR: % Occupied 100
1-BR: % Occupied 100
4-BR: % Occupied 100
Unit 2: # of Rooms 3
Unit 1 1 Bed/ 1 Bath, New Flooring, Kitchen And Bath.
2-BR: Rent Range 1200
Unit 1: # Full Bathrooms 2
Unit 3: # Bedrooms 2
Unit 4 1 Bed/ 1 Bath, New Flooring, Kitchen And Bath.
Unit 2 1 Bed/ 1 Bath, New Flooring, Kitchen And Bath.
Unit 3: # Full Bathrooms 2
Unit 3: # of Rooms 3
Unit 1: # Bedrooms 2
Unit 1: # of Rooms 3
# of Units 8
# of 1-Bedroom Units 8
Total # of Buildings 3
Separate Meters Electricity, Gas
Gross Scheduled Income $ 111600
Cap Rate 8
$605K
Range: $477K-$732K
Last 30 days 
  • 362 N Main St
    $730K
  • G0500
    —
  • 95490
    $399K +6% y/y
  • Willits
    $399K +5% y/y
No chart available
Statistics calculated by Movoto

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N/A
Brookside Elementary School
public Grades K-2
Willits Unified School District
3/10
Blosser Lane Elementary School
public Grades 3-5
Willits Unified School District
2/10
Baechtel Grove Middle School
public Grades 6-8
Willits Unified School District
4/10
Willits High School
public Grades 9-12
Willits Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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