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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

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.

More Information MLS# 261034

Property Description

Realtor.com Type: Multi Family Lot Size: .25 - .49 Acres Lot Dimensions: irregular Style: 5-10 Units Gar Stls: 0 Garage Type: None Lot Acres: 0.38 Appearance: Very Good List Price/SqFt: 155.84 Sold Price/SqFt: 156.03 Type of Property: Multi-Family

Building Description

Total Units: 10 Main House SqFt: 5127 Year Built: 1957

Location, Legal and Taxes

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

Zoning

Multi-Family: 1

Possession

At Close of Escrow: 1

View

City Lights: 1

Fenced

Partial: 1

RV Parking

Room for RV Parking: Yes Gravel: 1

Miscellaneous

Sidewalk: Yes

Lot Description

City Lights View: 1 Flat: 1

Utilities

Circuit Breaker: 1 Electric: 1 Separately Metered: 1

Levels

Multi-Level: 1

Siding

Stucco: 1 Wood: 1

Total Units By Type

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

Foundation

Concrete Perimeter: 1 Post/Piers: 1

Construction

Wood Frame: 1

Road

Curbing: 1 Public: 1 Sidewalks: 1

Roof

Composition Shingle: 1 Membrane: 1

Insulation

Unknown: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Gravel: 1

Parking

1 - 10 Spaces: 1 On Site: 1

Heating

Electric: 1 Wall: 1

Water

Public: 1

Sewer

Public: 1

Flooring

Carpeted: 1 Laminate: 1 Vinyl: 1

Listing Information

Status: Sold List Date: 2022-02-11 List Price: $799,000 Current Price: $800,000 Sold Date: 2022-04-14 Sold Price: $800,000

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.

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.