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1038/1042 5th Street, Crescent City, CA 95531

$800,000
Property Type: Multi-Family Square Footage: 5,127 Lot Size (sq. ft.): 16,553 Status: Sold
Current Price: $799,000 List Date: 2/11/2022 Last Modified: 9/07/2024

Overview

Description

Great investment opportunity in the heart of Crescent City. 10 total units on two parcel. 1038 5th Street is a single 6 plex with 1 bed/ 1 bath units. Many have been remodeled. 1042 5th Street has 2 cottages in the back and a duplex in the front. Each of the 4 units have been remodeled in last 3 years. All properties have off-street parking. Excellent tenants and well cared for property. AGR $80,808. Sellers will be doing a 1031 exchange.

Listing Details MLS# 261034

Listing Information

Pended Date
2022-02-11
Sold Date
2022-04-14

Property Description

Type of Property
Multi-Family
Realtor.com Type
Multi Family
Style
5-10 Units
Garage Type
None
Lot Dimensions
irregular
Lot Acres
0.38
Appearance
Very Good
List Price/SqFt
155.84
Sold Price/SqFt
156.03
Gar Stls
0

Building Description

Main House SqFt
5127
Total Units
10
Year Built
1957

Location Legal and Taxes

Area
Out Of County
House Number
1038/1042
Street Name
5th
Street Suffix
Street
Sub-Area
Crescent City
State
CA
Zip Code
95531
Cross Street
J Street

Directions and Remarks

Directions
5th Street between J St & K St.

RV Parking

Room for RV Parking
Yes
Gravel
Yes

More Information

Miscellaneous

Sidewalk
Yes

Total Units By Type

# 1 Bedroom Units
8
# 2 Bedroom Units
2
# Full Baths
10
Annual Gross Income
80800

Location, Legal and Taxes

APN
118-170-038 / 118-170-039

Zoning

Multi-Family
Yes

Possession

At Close of Escrow
Yes

View

City Lights
Yes

Fenced

Partial
Yes

Lot Description

City Lights View
Yes
Flat
Yes

Utilities

Circuit Breaker
Yes
Electric
Yes
Separately Metered
Yes

Levels

Multi-Level
Yes

Siding

Stucco
Yes
Wood
Yes

Foundation

Concrete Perimeter
Yes
Post/Piers
Yes

Construction

Wood Frame
Yes

Road

Curbing
Yes
Public
Yes
Sidewalks
Yes

Roof

Composition Shingle
Yes
Membrane
Yes

Insulation

Unknown
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Driveway

Gravel
Yes

Parking

1 - 10 Spaces
Yes
On Site
Yes

Heating

Electric
Yes
Wall
Yes

Water

Public
Yes

Sewer

Public
Yes

Flooring

Carpeted
Yes
Laminate
Yes
Vinyl
Yes

Property Features

View: City Lights Fenced: Partial Zoning: Multi-Family RV Parking: Gravel Possession: At Close of Escrow Levels: Multi-Level Parking: 1 - 10 Spaces; On Site Foundation: Concrete Perimeter; Post/Piers Siding: Stucco; Wood Roof: Composition Shingle; Membrane Insulation: Unknown Heating: Electric; Wall Construction: Wood Frame Driveway: Gravel Water: Public Sewer: Public Lot Description: City Lights View; Flat Road: Curbing; Public; Sidewalks Utilities: Circuit Breaker; Electric; Separately Metered Flooring: Carpeted; Laminate; Vinyl Financing Terms: Cash; Conventional
Listing Office: California Real Estate
IDX
Last Updated: September - 07 - 2024
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.