44920 Little Lake Road Mendocino, CA $ 1,875,000
44920 Little Lake Road
$ 1,875,000
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44920 Little Lake Road

Mendocino, CA, 95460
$ 1,875,000
Baths1.0

Monthly Estimate*

$ 11,698

Listed by Mendocino Bayside Realty
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Studio

Multi-Family Home for sale in Mendocino, CA

for $1,875,000 with 1 full bath. This home was built in 1960 on a lot size of 0.34.

Live in a beautiful coastal village and earn rental income too! A solid investment property with immediate returns! Rent two units, live in one! Turn-key-move-in ready for new buyers and their guests to enjoy. Meticulously maintained & carefully cared for. Extensive reports and property history disclosures available upon request. 'Mendocino View' is a delightful three unit rental property with village and ocean views in a fun and welcoming community. Easy access (no car needed) to Big River and Mendocino Headlands State Parks. Craftsman style home with artistic design details. Two, upper level, well-appointed and successful vacation rentals. Both are 1-bed, 1-bath suites with jetted soaking tubs. Full-sized kitchens. Covered exterior balconies to relax and take in the amazing sunsets. The vacation rental units have an on-site laundry room with facilities and appliances for expedited cleaning service. The larger, ground floor unit, remodeled in 2019, is a lovely home with 2-bedrooms and 1 bathroom. Hardwood floors, large laundry and pantry area with tile floor, expansive exterior decks & floor to ceiling windows to take in the ocean view. All units enjoy propane fireplaces for heat & ambiance. On-demand Generac generator system for a secondary power source. Covered parking for all units & ample guest parking areas.

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Multi-Family Active

Price

$ 1,875,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.34

Year Built

1960

Town/City

Mendocino

County/Region

Mendocino

MLS | Web ID

C1-10971

Days on Market

240

Features
General
Sewer Public Sewer
Heating Forced Air Fireplace(s) Kerosene Propane
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Not Available Propane Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater Free-Standing Range Propane Range Propane Water Heater Refrigerator Range Hood Dryer Washer
Zoning MRM-B
HOA Fee 0
Garage Spaces 3
Architectural Style Craftsman
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Drywall Redwood Siding
Exclusions Thomas Killion framed print and any tenant owned appliances personal property/furnishings.
Year Built 1960
View Bay Park/Greenbelt Hills Neighborhood Ocean
Stories Count 2
Levels Two
Gross Income 92229
Waterfront Features Beach Access Ocean Access Ocean Side Of Highway
Community Features Biking Curbs Golf Gutter(s) Hiking Preserve/Public Land Storm Drain(s) Street Lights Sidewalks Fishing Park
County Mendocino
Net Operating Income 71160
Operating Expense 21069
Insurance Expense 7203
Property Type Residential Income
Subdivision Name Not Applicable
Facing Direction South
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From North HWY 1 and Little Lake Road. Turn West to address and sign on the right/north side of Little Lake Road.
City Mendocino
Senior Community Y/N false
MLS Area MTW - Mendocino Town West
Lot Size Units Acres
Lot Size Square Feet 14810.4
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange FHA Fannie Mae Freddie Mac
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 794
Additional Parcels Y/N false
Rent Control Y/N false
Standard Status Active
Year Built Source Public Records
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Interior
Flooring Carpet Stone Tile Wood
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Total Baths 0
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Exterior
Exterior Amenities Rain Gutters
Fencing Partial Wood
Parking Features Driveway Up Slope From Street Garage Guest On Site Off Street Paved One Space Uncovered
Lot Features Landscaped Near Park Near Public Transit Rectangular Lot Sprinklers None Sloped Up
Water Source Well
Total Parking 8
Inclusions All furniture appliances artwork personal property.
Lot Size Area 0.34
Foundation Details Concrete Perimeter
Park Name Friendship Rotary & Mendocino Headlands St. Park
Number of Buildings 1
Spa false
Lot Size Acres 0.34
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded Features
List By
Mendocino Bayside Realty

Broker

birdie@mendocinobaysiderealty.com

Email

Affordability Calculator

$11,698
Per Month
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Monthly Principal & Interest
$11,698
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$1,875,000 -1.06% Price Down
11/20/2025$1,895,000 Listed Price

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44920 Little Lake Road, Mendocino, CA, 95460 is a Multi-Family Home for sale at $1,875,000 with a lot size of 0.34. 44920 Little Lake Road is a studio with 1.0 baths and was built in 1960. The property's zip code is 95460 which is in Mendocino, CA