A rare find! Mendocino Village multi-family dwelling &/or residential income property w/Ocean view. Zoned 'MRM B': B&B & guest accommodations allowed. Check Mendocino Town Plan to confirm zoning & permitted uses. ~ 3226 sq. ft. of living space. Well maintained & carefully cared for. This craftsman style, Redwood home w/Asian inspired design details delights the eye & senses. Comfortable & welcoming, with two well-appointed & successful vacation rentals on the 2nd level. Both are 1-bedroom, 1-bath suites w/full kitchens, jetted soaking tubs in the bathrooms, & exterior decks to relax and enjoy the views. The 1st level home has 2-bedrooms, 1 bathroom, updated kitchen & bathroom, lovely wood floors, large laundry/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. At the end of a fun & relaxing day kick back with your favorite beverage to see the colorful clouds float across the sky & the sun set into the ocean. Watch the whales migrate with their puffy white sprays tracking their travel. Nearby trails to explore Big River, beach, tidepools & Mendocino Headlands St. Park. A variety of shops to visit for local & hand-crafted treasures. Restaurants, grocery stores, galleries, live theatre, & the renowned Mendocino Art Center, are nearby. Mendocino hosts many festivals & events. Much to see & do without getting into a car. Covered parking for all units & ample guest parking areas. A great time to invest & a wonderful opportunity to own a fabulous property. Live the Mendocino dream!