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23800 N Highway 1
Fort Bragg, CA 95437

$985,000 USD

Apartments For Sale  •  1,949 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,949 SF
  • Lot Size 1.49 AC
  • Building Class B
  • Year Built 1959
  • Zoning RR5(2)
0 Transit Score
7 Walk Score

Highlights

This North Coast multifamily asset offers immediate cash flow from four existing rental units generating $4,000 per month.
The mid-century 3-bedroom, 2-bath main residence features authentic old-growth redwood interiors, lofted ceilings, and a high-efficiency wood stove.
Located just minutes from Fort Bragg and a short walk to MacKerricher State Park and Beach, the property benefits from strong tourism appeal.
With no current vacation rental restrictions, investors can unlock significant upside by converting units into high-demand short-term rentals.
The property’s 1.5-acre lot and unique architectural character make it ideal for long-term hold, 1031 exchange, or vacation rental repositioning.
Offered at a firm price of $850,000, this coastal retreat presents exceptional value for Mendocino County’s thriving rental market.
Tom Larson 707-433-8000 Luxe Places International Realty
Tom Larson 707-433-8000 Luxe Places International Realty