$545,000
Albion, CA 95410
3
Beds
3
Baths
1,500
Sq. Ft.
1972
Year Built
Mendocino
County
SingleFamilyResidence
Property Type
Another substantial price reduction on this one-of-a-kind multi-residential property with tremendous potential! This level and usable parcel features a main residence plus three additional occupied dwellings, numerous outbuildings, a greenhouse, and several unoccupied structures. Please note: all dwellings other than the main house are unpermitted and currently cited by Mendocino County Planning & Building ('red tags'). Property to be sold with tenants in place, except for one co-owner occupant. It will be the responsibility of the buyer to address red tag issues, whether by removal of unpermitted structures or bringing them up to code. All units are connected to PG&E with propane or wood heat. Despite current challenges, this offering presents significant upside for an energetic buyer ready to add value. Sale requires court confirmation. Offered below market for a motivated sale. At this price, there is excellent value just in the one permitted house on 12 acres after the other non-permitted units have been removed.
$2,901/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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