Explore the exceptional investment opportunity awaiting at this highly desirable multi-family property located in the heart of Mendocino. Ideal for those looking to generate rental income, this unique offering on 1.7 acres features four distinct units. The primary building, with three private and comfortable 2bed/1bath apartments, includes a communal laundry room. A separate charming 2bed/1bath house adds value and possibilities. Additional facilities include a covered multi-car parking structure, a workshop building, and even a red barn! The expansive yard offers landscaping and gardening opportunities. This is a coveted spot for potential renters. Your tenants will enjoy rural living just steps from beautiful Mendocino Village, with its essential amenities and ambiance of local shops, restaurants, and scenic headlands. Whether you're an experienced investor or looking for a new venture in a thriving community, this property promises a strong rental yield and a chance to be part of the vibrant life of Mendocino.
Multi-familyProperty Type
1913Year Built
1.7 acresLot Size
$352Est. Price/Sq.Ft.
4 spacesParking
Listed by Tracy Wolfson•DRE #02089975• Engel & Voelkers Mendocino
Listed by David Coddington•DRE #01261496• Engel & Voelkers Mendocino
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Earn from this home
Refinance
$0
Est. cash available
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Market trends in 95460, CA
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.1%
4.1% MoM
Median sale price
$1.2M
$15K MoM
Avg. days on market
43d
6 days MoM
Recently sold homes
7
0 MoM
Provided by Redfin
Sale history for 44550 Little Lake Rd
Date
Event
Price
CRMLS #C1-10642
Aug 16, 2024
Sold
$1,425,000
$453/sq ft
Jun 25, 2024
Pending
—
Jun 21, 2024
Listed
$1,425,000
$453/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$16,567 (+197.1%)
$245,906 + $230,149
$476,055
2024
$5,576 (+0.7%)
$245,906 + $230,149
$476,055
2023
$5,537 (−2.4%)
$241,085 + $225,637
$466,722
2022
$5,671 (+1.7%)
$231,724 + $216,876
$448,600
2021
$5,574 (+9.9%)
$224,770 + $210,370
$435,140
2020
$5,070 (+1.2%)
$224,770 + $210,370
$435,140
2019
$5,010 (+1.6%)
$224,770 + $210,370
$435,140
2018
$4,930 (+5.0%)
$220,363 + $206,246
$426,609
2017
$4,695 (+2.8%)
$211,808 + $198,239
$410,047
2016
$4,569 (+0.3%)
$211,808 + $198,239
$410,047
2015
$4,554 (−1.2%)
$207,656 + $194,353
$402,009
2014
$4,611
$200,531 + $187,685
$388,216
Tax history for 44550 Little Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$16,567 (+197.1%)
$245,906 + $230,149
$476,055
2024
$5,576 (+0.7%)
$245,906 + $230,149
$476,055
2023
$5,537 (−2.4%)
$241,085 + $225,637
$466,722
2022
$5,671 (+1.7%)
$231,724 + $216,876
$448,600
2021
$5,574 (+9.9%)
$224,770 + $210,370
$435,140
2020
$5,070 (+1.2%)
$224,770 + $210,370
$435,140
2019
$5,010 (+1.6%)
$224,770 + $210,370
$435,140
2018
$4,930 (+5.0%)
$220,363 + $206,246
$426,609
2017
$4,695 (+2.8%)
$211,808 + $198,239
$410,047
2016
$4,569 (+0.3%)
$211,808 + $198,239
$410,047
2015
$4,554 (−1.2%)
$207,656 + $194,353
$402,009
2014
$4,611
$200,531 + $187,685
$388,216
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.7 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Mendocino County
APN
1190902700
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
Dec 17, 2026 • Active
Building
Remove and replace the roof on a barn. The project includes approximately 1600 square feet of roofing material.
Roofing
Aug 24, 2026 • Final
Building
Replace the roof on a carport with like-for-like materials. No plywood replacement is included.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 4
Carport
Has Parking
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Individual Room
Kitchen Information
Appliances: Refrigerator, Electric Oven, Electric Range
Has Appliances
Bathroom Information
# of Baths (Full): 4
Room Information
All Bedrooms Down, All Bedrooms Up
Flooring Information
Carpet, Vinyl
Heating Information
Electric, Propane
Has Heating
Interior Features
Levels: Multi/Split
Exterior
Exterior Information
Structure Type: Quadruplex
Other Structures: Barn, Shop
Fencing: None
Exterior Features
Patio And Porch Features: Patio
Has Patio
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Sprinklers None
Property Information
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 1190902700
Year Built Source: Assessor
Property ADU: No
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: Well
Location
Neighborhood Information
Community Features: Biking, Hiking
Location Information
Latitude: 39.31132600
Longitude: -123.79099900
Directions: Hwy One, East on Little Lake Road
Zoning: MRR2
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.7 acres
Style: Other
Year Built: —
Year Renovated: —
County: Mendocino County
APN: 1190902700
Home facts updated by county records on Jul 10, 2026
Other
Listing Information
Days Active in MLS: 4
Continuous Days Active in MLS: 4
Listing Agent Information
List Agent First Name: Tracy
List Agent Last Name: Wolfson
Co-List Agent First Name: David
Co-List Agent Last Name: Coddington
Listing Office Information
List Office Name: Engel & Voelkers San Francisco, Mendocino Branch
Co-List Office Name: Engel & Voelkers San Francisco, Mendocino Branch
Selling Agent Information
Buyer Agent First Name: Claire
Buyer Agent Last Name: Amanno
Selling Office Information
Buyer Office Name: Engel & Voelkers San Francisco, Mendocino Branch
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Mendocino Unified School District website to verify.
Mendocino K-8
Public K-8 • 0.4mi
6/10
Mendocino High School
Public 9-12 • 0.6mi
9/10
Mendocino Alternative School
Public K-12 • 0.7mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 77° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
16 unhealthy days expected this year, 18 days in 30 years
Provided by First Street
Historical weather
Mendocino, CA • 95460
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44
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.