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1016 F Street, Arcata, CA 95521

$2,300,000
Property Type: Multi-Family Square Footage: 9,504 Lot Size (sq. ft.): 16,553 Status: Active
Current Price: $2,300,000 List Date: 5/21/2025 Last Modified: 9/05/2025

Description

12 unit apartment investment opportunity awaits you in Downtown Arcata. 'Hard to beat location' that is walking distance to Cal Poly Humboldt, Safeway shopping center, Wildberries Market and the Arcata Plaza. All 12 units have two bedrooms and one an a half bath floor plans with the 1/2 bath being inside the master bedroom. Just over half of them have been updated with new flooring, interior paint, and granite countertops and new cabinets in some kitchens. One parking space for each unit that is located under a carport area on the first floor plus extra parking on the property. Separate laundry room. The newer PVC membrane roof is between 7-8 years old. Most units are at 'market rent' with a few of them below market to provide some 'upside'. Gas and electric is separately metered.

More Information MLS# 269620

Property Description

Realtor.com Type: Multi Family Lot Size: .25 - .49 Acres Lot Dimensions: Irregular Accessory Dwelling Unit: No Style: Over 10 Units Gar Stls: 12 Garage Type: Carport Lot Acres: 0.38 Appearance: Good List Price/SqFt: 242 Type of Property: Multi-Family

Building Description

Total Units: 12 Main House SqFt: 9504 Year Built: 1974

Location, Legal and Taxes

APN: 021-052-004

Zoning

Multi-Family: 1

Schools

Elementary School: Arcata Middle School: Sunnybrae High School: Arcata

Possession

At Close of Escrow: 1

View

City Lights: 1

Fenced

Partial: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Lot Description

In Town: 1 Near Public Trans: 1 Near Shopping: 1

Utilities

Circuit Breaker: 1 Electric: 1 Natural Gas: 1 Separate Laundry: 1 Separately Metered: 1

Levels

Tri-Level: 1

Siding

Brick: 1 Vinyl: 1 Wood: 1

Total Units By Type

# 2 Bedroom Units: 12 # Full Baths: 12 # of Half Baths: 12 # of Heating Units: 12 # of Ranges: 12 # of Refrigerators: 12 # of Water Heaters: 1 Annual Gross Income: 206100 Annual Expenses: 62555

Foundation

Block: 1 Other: 1

Construction

Brick: 1 Masonry/Block: 1 Wood Frame: 1

Road

Paved: 1 Public: 1

Roof

Membrane: 1

Insulation

Partially Insulated: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Asphalt: 1 Concrete: 1

Parking

11 - 20 Spaces: 1 On Site: 1 Paved: 1 Under Cover: 1

Heating

Natural Gas: 1 Wall: 1

Kitchen

Hood: 1 Range: 1 Refrig: 1

Water

Public: 1

Dining

Combined: 1

Sewer

Public: 1

Laundry

Washer: 1 Coin Op: 1 Dryer: 1 Shared: 1

Flooring

Carpeted: 1 Vinyl: 1

Listing Information

Status: Active List Date: 2025-05-21 List Price: $2,300,000 Current Price: $2,300,000

Location Legal and Taxes

Area: North Bay House Number: 1016 Street Name: F Street Suffix: Street Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: 11th Street

Directions and Remarks

Directions: Located in downtown Arcata on F Street inbetween 10th and 11th Streets.

Property Features

View: City Lights Fenced: Partial Zoning: Multi-Family Possession: At Close of Escrow Levels: Tri-Level Parking: 11 - 20 Spaces; On Site; Paved; Under Cover Kitchen: Hood; Range; Refrig Dining: Combined Foundation: Block; Other Laundry: Coin Op; Dryer; Shared; Washer Siding: Brick; Vinyl; Wood Roof: Membrane Insulation: Partially Insulated Heating: Natural Gas; Wall Construction: Brick; Masonry/Block; Wood Frame Driveway: Asphalt; Concrete Water: Public Sewer: Public Lot Description: In Town; Near Public Trans; Near Shopping Road: Paved; Public Utilities: Circuit Breaker; Electric; Natural Gas; Separate Laundry; Separately Metered Flooring: Carpeted; Vinyl Financing Terms: Cash; Conventional
Listing Office: C.B. Commercial Pacific Partners Real Estate
IDX
Last Updated: September - 05 - 2025
Broker Attribution: pacificpartnerscommercial@gmail.com

Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.