275 9th St Fortuna, CA 95540
Estimated payment $7,910/month
Highlights
- Panoramic View
- Eat-In Kitchen
- Patio
- 0.41 Acre Lot
- Double Pane Windows
- Tile Flooring
About This Home
Investment Opportunity. Recently Renovated 7-unit apartment complex featuring spacious 2-bedroom, 1.5-bath townhouse-style units with in-unit laundry and private fenced backyards. Each unit is thoughtfully designed with kitchen, living room, laundry, and half bath on the main floor, and two bedrooms plus full bath upstairs.Property Features: Ample off-street parking with covered carports, Quiet setting with no through traffic, Professionally managed for ease of ownership, Each unit separately metered for PGE gas/power and water/sewer, Owner pays landscaping, pest control, and trash, Extensive recent upgrades inside and out (see documents for full list of recent capital improvements). Financials: Gross Monthly Rents: $9,800. 2024 NOI: $57,608 (4.6% cap; reflects vacancy for interior remodeling). 2023 NOI 68,051 5.4 cap rate
Note the attached documents with YTD, 2023 and 2024 profit and loss statements and rent roll
Unit D to remain vacant for purposes of showing the property. Remaining units to be shown
Listing Agent
Humboldt Equity, Inc. Brokerage Email: Mattallen707@gmail.com License #01305904 Listed on: 09/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 0.41 Acre Lot
- Street terminates at a dead end
- Partially Fenced Property
- Barbed Wire
- Level Lot
- Property is in very good condition
Parking
- 7 Car Garage
- Carport
- Parking Available
- Driveway
- 13 to 18 Parking Spaces
Home Design
- Slab Foundation
- Wood Frame Construction
- Composition Shingle Roof
- Cement Siding
- Siding
Interior Spaces
- 7 Bathrooms
- 7,056 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Combination Kitchen and Dining Room
- Panoramic Views
- Dryer
Kitchen
- Eat-In Kitchen
- Plumbed For Gas In Kitchen
- Range with Range Hood
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Outdoor Features
- Patio
Schools
- South Fortuna Elementary School
- Fortuna Middle School
- Fortuna High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Separate Meters
- 110 Volts
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property Available on 9/10/25
- Assessor Parcel Number 040-192-002
Community Details
Overview
- 7 Units
Building Details
- 7 Leased Units
- Gross Income $117,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $1,250,000 | 0.0% | $177 / Sq Ft |
| 09/09/2025 09/09/25 | Off Market | $1,250,000 | -- | -- |
| 09/09/2025 09/09/25 | For Sale | $1,250,000 | +61.3% | $177 / Sq Ft |
| 11/10/2021 11/10/21 | Sold | $775,000 | -- | $97 / Sq Ft |
Source: Humboldt Association of REALTORS®
MLS Number: 270566
APN: 040-192-002-000
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