Here is a great opportunity to live in Mendocino Village and also have a steady income stream. This comfortable 1 bedroom, 1 bathroom residence has high end amenities and lives like a penthouse suite, overlooking the streetscape below or the ocean views beyond. There is a private deck with a hot tub for relaxation or simply lounging around.This fabulous living space could also be your second home, a place to get away to the coastal climate and oversee your investment. The income is generated from 6 distinctly different retail spaces which are enjoyed by locals and visitors alike. The corner lot is one of the best locations in Mendocino for street exposure and foot traffic. Additionally there is a popular restaurant which comprises the 7th tenant. Historically there has been very little vacancy. Enjoy the beautiful Mendocino coast and get a return on your investment as well.
For sale
Listing Provided by:
Greg Burke DRE #01206312 707-937-5822,
Mendo Sotheby's International Realty
$3,985,000
10481 Lansing St, Mendocino, CA 95460
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High end amenitiesCorner lotFabulous living space
- 135 days
- on Zillow |
- 574 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: May 21, 2025 at 09:54am
Listing Provided by:
Greg Burke DRE #01206312 707-937-5822,
Mendo Sotheby's International Realty
Source: CRMLS,MLS#: C1-11022
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Propane
Cooling
- None
Appliances
- Included: Electric Cooktop, Electric Oven, Refrigerator, Dryer, Washer
Features
- Has fireplace: Yes
- Common walls with other units/homes: No Common Walls
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street
Features
- Pool features: None
- Has spa: Yes
- Fencing: Partial
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 9,147.6 Square Feet
- Features: Back Yard, Corner Lot, Garden, Near Park, Sprinklers None
Details
- Parcel number: 1192500100
- Zoning: MC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Features: Golf, Hiking, Street Lights, Sidewalks, Park
- Subdivision: Not Applicable
Location
- Region: Mendocino
Financial & listing details
- Date on market: 2/28/2025
- Listing terms: Cash,Cash to New Loan
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