Eureka, CA 95501,Address not disclosed
Eureka, CA 95501,Address not disclosed
Eureka, CA 95501,Address not disclosed
Eureka, CA 95501,Address not disclosed
Eureka, CA 95501,Address not disclosed
Eureka, CA 95501,Address not disclosed
See all 17 photos

$500,000

$488,000

2.5%
Est.Price: ?

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Est. payment /mo

2,668 SqFt


SOLD DATE : 01/11/2022

Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,668 sqft

Price per Sqft $187

MLS Listing ID ML81856368

Sold Date 01/11/22

HOA Y/N No

Year Built 1983

Annual Tax Amount $5,368

Lot Size 3,998 Sqft

Property Description

Below-market rents of $640 on track to increase to market rents of $750/unit ($36,000/yr). Initial increase initiated for 9/1/2021. Built in 1983. Separately metered for gas/electric. Possible subdivision (check with City). Excellent rental history and same property manager since acquired. Well-maintained, low maintenance property and spacious private parking. Hip and rustic with wood beam ceilings, solid pine cabinets. Charming, bright French-style units with views. Individual, private yards with raised garden areas and patios. Walk to markets, shops, Old Town Eureka, the waterfront, the bus linenot to mention a few blocks to my favorite restaurant and wine bar, Brick & Fire. Halfway between Humboldt University and Community College. Proforma year is 2023. First time on the market in over 16 years.

Location

State CA

County Humboldt

Zoning Multi-Family

Interior

Heating Electric

Cooling None

Flooring Carpet

Fireplace No

Appliance Electric Cooktop, Refrigerator, Range Hood

Exterior

Parking Features Guest, Unassigned

View Y/N Yes

View City Lights

Roof Type Other

Accessibility None

Total Parking Spaces 10

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style French

Schools

School District Eureka City Unified

Others

Tax ID 004132018

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Amba Jane DesJardins • Coldwell Banker Realty
Bought with RECIP • Out of Area Office
agent-avatar

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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