NOT LISTED FOR SALE
-- Bed
-- Bath
4,586 Sq Ft
0.26 Acres

Last Sold December 06, 2019

Last sale price $840,000 $183 Per Sq Ft

56 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Partially Fenced Property
  • 0.26 Acre Lot
  • Property is near shops

About This Home

As of December 2019

Excellent investment opportunity with 2 homes, a cottage and a warehouse / shop located on 2 parcels. Located in downtown and walking distance to the Arcata Plaza, shopping center and lots of other services. Gross income is estimated at $5,300/month.

511 J Street has unit A (2 bedroom, 1 bath @ $1,020/month) and unit B (1 bedroom, 1 bath @ $785/month); 581 J Street is a cottage @ $875/month (1 bedroom and loft); 1009 6th Street is a 4-bedroom home @ $2,120/month; and the shop / warehouse (proforma @ $500/month) in-between could potentially be an additional residential unit(s) or used as a warehouse.

**Owner will carry back the paper for a strong buyer and good downpayment. **

Buyer should verify / confirm building square footages.

Last Agent to Sell the Property

Scott Pesch

C.B. Commercial Pacific Partners Real Estate Brokerage Email: pacificpartnerscommercial@gmail.com License #01190750 Listed on: 09/03/2019

C.B. Commercial Pacific Partners Real Estate

Last Buyer's Agent

Arlene Orlandi

Coldwell Banker Sellers Realty License #01755232

Coldwell Banker Sellers Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Property is in good condition

Interior Spaces

  • 4,586 Sq Ft Home
  • 2-Story Property

Parking

  • No Garage
  • On-Site Parking
  • RV Access or Parking
  • 2 - 10 Parking Spaces

Location

  • Property is near shops

Schools

  • Arcata High School

Listing and Financial Details

  • Assessor Parcel Number 021-167-04 & 05

Community Details

Overview

  • 5 Units

Building Details

  • 2 Leased Units
  • Gross Income $63,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Directions: All units are located on J Street in-between 5th and 6th Streets.
  • Unit Levels: Two
  • Miscellaneous Sidewalk: Yes
  • Prop. Type: Residential
  • R V Parking Room For R V Parking: Yes
  • Year Built: 1913
  • Total Units By Type Annual Gross Income: 63600.0
  • Attribution Contact: pacificpartnerscommercial@gmail.com
  • Property Sub-Type: MultiFamily
  • Fencing: Partial
  • LotFeatures: Corner, Flat, In Town, Near Shopping
  • Lot Size Acres: 0.26
  • Total Gross Income: 63600.0
  • Co List Office Phone: 707-442-2222
  • MLS Status: Sold
  • Architectural Style: 5-10 Units
  • New Construction: No
  • Listing Information Type SaleOwner Type: Owner
  • Property Description Lot Size2: City
  • General Property Description:Lot Dimensions: 50' X 115' + 50' X 115'
  • Property Description Style2: 5-10 Units
  • Property Description Lot Acres2: 0.26
  • Property Description Appearance2: Good
  • Location Legal and Taxes APN: 021-167-04 & 05
  • GroundsLandscaping Fenced Partial: Yes
  • Lot Description:Flat: Yes
  • Schools High School2: Arcata
  • Water:Public2: Yes
  • Sewer Public3: Yes
  • Levels:_two_ Story: Yes
  • Building Description Total Units: 5
  • Lot Description Near Shopping: Yes
  • Parking:On Site2: Yes
  • Lot Description Corner3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Road Paved: Yes
  • Road Sidewalks: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: 1 - 10 Spaces, On Site
  • General Property Description:Garage Type2: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • High School: Arcata

Lot Info

  • Lot Dimensions: 50' X 115' + 50' X 115'
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Leased: 2

Range of Values:

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Average Value
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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 Change Sq Ft Price
12/06/2019 12/06/19 Sold $840,000 -- $183 / Sq Ft
Source: Humboldt Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Humboldt Association of REALTORS®

MLS Number: 254844

Humboldt Association of REALTORS®