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Sold on 04/05/2024
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39 W Van Ln, Willits, CA 95490

  • $499,119

    Last sold 04/05/2024 for $460K

  • 4

    bed

  • 4

    bath

  • 2,612

    Sqft ($176/Sqft)

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

About 39 W Van Ln

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 2,901 Sqft
Movoto estimate
Property description
Cash cow investment opportunity! Nearly a 7% cap rate for a five unit apartment building in downtown Willits! Unit mix is one studio, three one-bedrooms, and a two-bedroom apartment, each with a full kitchen, separate entrance, and separate electric meters. Located downtown just a block from Main Street's restaurants and shops. Great opportunity to begin or continue building a real estate investment portfolio!
Listed by
Listing Agent - Todd Schapmire
Listing Office - W Real Estate
Source: BAREIS mls logo
MLS#324004581 • last updated 1 year ago
Movoto checked BAREIS for data 8 minutes ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Wall Furnace
Levels/Style 2
SqFt 2612
SubType 5 Or More Units
Type Residential Income
Year Built 1940
MLS # 324004581
Status Closed
On Market Date 2024-02-13
Lot Size (Acres) 0.0666
Lot Size (SqFt) 2901
Interior
Laundry Varies By Unit
Exterior
Parking Street
Lot Desc None
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
Area Willits
County Mendocino
APN 005-222-05-00
Multifamily Details
Unit 2: # Bedrooms 1
Unit 4: # Bedrooms 1
Unit 2: # Full Bathrooms 1
Unit 3 2/1
Unit 4: # Full Bathrooms 1
Unit 1 Studio
Unit 1: # Full Bathrooms 1
Unit 3: # Bedrooms 2
Unit 4 1/1
Unit 2 1/1
Unit 3: # Full Bathrooms 1
# of Units 5
# of 1-Bedroom Units 3
# of 2-Bedroom Units 1
# of Studio Units 1
Total # of Buildings 1
Separate Meters Electricity
Gross Scheduled Income $ 56725
Cap Rate 6.99
$499K
Range: $449K-$549K
Last 30 days 
  • 39 W Van Ln
    $460K
  • G0500
    —
  • 95490
    $399K +10% y/y
  • Willits
    $407K +12% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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.

Around G0500

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  • Real Estate
  • CA
  • Mendocino County
  • Willits
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  • 39 W Van Ln
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