NOT LISTED FOR SALE
3 Beds
1 Bath
2,485 Sq Ft
0.64 Acres

Last Sold May 18, 2023

Last sale price $635,000 $256 Per Sq Ft

7 Days on Market

Highlights

  • RV Access or Parking
  • City Lights View
  • 0.64 Acre Lot
  • Arcata High School Rated A-
  • Updated Kitchen
  • Property is near public transit

About This Home

As of May 2023

Looking for investment property that pays out $55,500 a year? Here it is.
The recently remodeled main house is 2 bedroom 1 bath, 1,033 square feet and tenant is on a lease through 7/31/23 with monthly rent at $1,950.00.
The duplex further back on the property are both 2 bedroom 1 bath and 726 square feet each. Duplex tenants are month to month and rent is $2,675.00.

And all tenants pay all their own utilities too!

Close to Cal Poly Humboldt, bus lines, grocery store and a park. Buyer to participate in 1031 exchange at no cost to them.

Last Agent to Sell the Property

Robin Quigley

EXP Realty of California, Inc. Brokerage Email: robininarcata@gmail.com License #01917688 Listed on: 04/04/2023

EXP Realty of California, Inc.

Last Buyer's Agent

Andrew Parker

Azalea Realty License #01483292

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.64 Acre Lot
  • Level Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • Off-Site Parking
  • RV Access or Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 2,485 Sq Ft Home
  • 1-Story Property
  • City Lights Views
  • Updated Kitchen
  • Dryer

Schools

  • Arcata Elementary School
  • Sunnybrae Middle School
  • Arcata High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Lift System Sewer

Additional Features

  • Outbuilding
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 505-211-002

Community Details

Building Details

  • 3 Leased Units
  • Gross Income $55,500

Additional Features

  • 3 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Directions: West on 11th Street
  • Unit Levels: One
  • Miscellaneous Sidewalk: Yes
  • Prop. Type: Residential
  • R V Parking Room For R V Parking: Yes
  • Schools Middle School: Sunnybrae
  • Year Built: 1942
  • Total Units By Type Annual Gross Income: 55500.0
  • Attribution Contact: robininarcata@gmail.com
  • Property Sub-Type: MultiFamily
  • LaundryFeatures: Dryer Hookups, Washer Hookups
  • LotFeatures: Flat, In Town, Near Public Trans
  • Lot Size Acres: 0.64
  • NAV29_Unit_1_Appliances: Remodeled Kitchen
  • Total Gross Income: 55500.0
  • MLS Status: Sold
  • Architectural Style: 1 Story
  • New Construction: No
  • Listing Information Type SaleOwner Type: Owner
  • Property Description Lot Size2: .5 - .74 Acres
  • General Property Description:Lot Dimensions: irregular
  • Property Description Accessory Dwelling Unit: No
  • Property Description Style2: 1 Story
  • Property Description Gar Stls: 1
  • Property Description Lot Acres2: 0.64
  • Property Description Appearance2: Good
  • Location Legal and Taxes APN: 505-211-002
  • Lot Description:Flat: Yes
  • Levels One Story: Yes
  • Foundation PostPiers: Yes
  • Construction:Wood Frame: Yes
  • Roof:Composition Shingle: Yes
  • Schools High School2: Arcata
  • Water:Public2: Yes
  • Building Description Total Units: 3
  • Parking:On Site2: Yes
  • Laundry Dryer Hookups: Yes
  • Laundry Washer Hookups: Yes
  • Schools Elementary School2: Arcata
  • View City Lights: Yes
  • Exterior Amenities Out Building: Yes
  • Kitchen Remodeled Kitchen: Yes
  • Sewer Lift Pump: Yes
  • Utilities Separately Metered: Yes
  • Parking:Off Site: Yes
  • Lot Description Near Public Trans: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Shingle
  • View: City Lights
  • Foundation Details: Post/Piers
  • Public Road: Yes
  • Road Sidewalks: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Off Site, On Site
  • General Property Description:Garage Type2: Detached

Utilities

  • Heating: Wall
  • Sewer: Lift Pump
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Wall2: Yes

Schools

  • Elementary School: Arcata
  • High School: Arcata
  • Middle Or Junior School: Sunnybrae

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 27878.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Leased: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2023 05/18/23 Sold $635,000 +2.4% $256 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $620,000 +67.6% $249 / Sq Ft
12/11/2019 12/11/19 Sold $370,000 -- $362 / Sq Ft View Prior Sale
Source: Humboldt Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,585 $660,654 $270,504 $390,150
2024 $7,585 $647,700 $265,200 $382,500
2023 $4,785 $388,934 $210,235 $178,699
2022 $4,870 $381,309 $206,113 $175,196
2021 $4,651 $373,833 $202,072 $171,761
2020 $4,447 $370,000 $200,000 $170,000
2019 $1,270 $87,873 $18,117 $69,756
2018 $1,246 $86,151 $17,762 $68,389
2017 $1,219 $84,463 $17,414 $67,049
2016 $1,172 $82,808 $17,073 $65,735
2015 $1,161 $81,565 $16,817 $64,748
2014 $1,185 $79,968 $16,488 $63,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Humboldt Association of REALTORS®

MLS Number: 263932

Humboldt Association of REALTORS®