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    24050 S Hwy 1

    Point Arena, CA 95468
    • $1,500,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: 22022408
    UPDATED: 101 min ago
    $1,500,000
    • 0
      BEDS
    • 4.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,600
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    One in a million! This property provides owner living in style. Rental income and space to develop a business or multiple businesses. Located in the south Mendocino county town of Pt. Arena. The property has served owners as a gallery and event venue. The allowed uses under the zoning lets the imagination soar. You want space? Want small town living? This is the place. The property has excellent maintenance and it shows. Currently served by two septic systems and a well, all meticulously maintained. If buyer seeks to develop a new use, city sewer and water are available. The owner living area is two bedrooms, one and a half baths, fabulous kitchen, dining and living room. Three 1 bedroom apartments in the main building, each with own entry and yard. Separate duplex at the back of the property; each unit with private yard. Gallery and inventory is not a part of the sale. Owner manages and lives on the property. Also offered as Commercial property MLS#22021313

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    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2020-10-19T23:55:51.61.
    www.showcaseproperties.com/homes/110304767
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    24050 S Hwy 1 Point Arena, CA 95468

    • Price: $1,500,000
    • Status: Active
    • Updated: 101 min ago
    • ID#: 22022408
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.08
    Acres
    9,600
    SQFT
    $156
    $/SQFT
    Neighborhood:
    Point Arena
    County:
    Mendocino
    Area:
    Point Arena
    Property Description
    One in a million! This property provides owner living in style. Rental income and space to develop a business or multiple businesses. Located in the south Mendocino county town of Pt. Arena. The property has served owners as a gallery and event venue. The allowed uses under the zoning lets the imagination soar. You want space? Want small town living? This is the place. The property has excellent maintenance and it shows. Currently served by two septic systems and a well, all meticulously maintained. If buyer seeks to develop a new use, city sewer and water are available. The owner living area is two bedrooms, one and a half baths, fabulous kitchen, dining and living room. Three 1 bedroom apartments in the main building, each with own entry and yard. Separate duplex at the back of the property; each unit with private yard. Gallery and inventory is not a part of the sale. Owner manages and lives on the property. Also offered as Commercial property MLS#22021313
    Exterior Features

    Carports 0 Exterior Stucco Foundation Construct Cc SlabWood FrameOther Garages 0 Loading Truck Door Lot Description Level On Site Parking Uncovered Open Uncovered Spaces 0 Roof Composition Rv Boat Spaces 0 Type Other Underground Spaces 0 Views Forest/WoodsHills Yard Grounds Enclosed Patio(S)Patio(S)Private Yard

    Interior Features

    Heat Cool Central HeatPropane

    Property Features

    1 Bdrm Ann Occupancy 100.00 1 Bdrms Occupied 4 1 Bedroom Rent Range 1025 To 1150 1 Bedrooms 4 2 Bdrm Ann Occupancy 100.00 2 Bdrms Occupied 1 2 Bedroom Rent Range 1150 To 1200 2 Bedrooms 1 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Actual Auction No Cap Rate 0.03 City Transfer Tax Yes City Transfer Tax Rate 0.00 Comm Units Rent Rang 0 Commercial Units 0 Common Int Dev No Est Insurance Exp 4722.00 Est Maintenance Exp 491.00 Est Management 12300.00 Est Misc Expenses 1694.00 Est Net Income 31848.00 Est Taxes 4754.00 Est Total Annual Exp 33852.00 Est Utilities Exp 9891.00 Expense Source Owner Furnished Units 0 GRM 22.83 Gross Scheduled Inc 65700.00 Guest Spaces 0 Laundry Appliance Other Lease Deposit 0.00 Monthly Expenses 2821.00 Monthly Income 5475.00 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc ElectricityGasInsuranceMaintenanceManagementMiscellaneousTaxes/AssessmentsWater Planned Unit Develop No Sewer Septic Standard Septic Special Zones See Natural Haz Disc Square Footage Source Owner Studio Ann Occupancy 0.00 Studio Rent Range 0 Studios 0 Studios Occupied 0 Transaction Type Sale Utilities Pg&EPropane Water Source Well-Private Year Built Exception Against Co. Policy Year Built Source Other Zoning Mixed Use

    Listing information © 2020 Bay Area Real Estate Information Services.
    Listing courtesy of Sharon Burningham of Coldwell Banker Coastal Properties.


    © 2020 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2020-10-19T23:55:51.61.
     
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