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1076 New Navy Base Road, Arcata, CA 95521

$693,000
Property Type: Multi-Family Square Footage: 3,486 Lot Size (sq. ft.): 7,405 Status: Sold
Current Price: $800,000 List Date: 11/22/2024 Last Modified: 2/07/2025

Description

Centrally located in Arcata, come and have a look at this 8 Unit Apartment Complex. 1076 New Navy Base Road (Samoa Blvd) consists of one studio apartment and seven 1 bedroom apartments. Five of the units are in good shape and are currently occupied. Three of the units are in varying states of remodel. All units are metered separately for PG&E. Water and garbage are paid by the owner. There are additional parking spaces accessed through an easement through the property in the rear. At this price, when fully occupied, the CAP Rate is 10!

More Information MLS# 268264

Listing Information

Concession Remarks: Buyer paid for sewer lateral and both agents commissions, in addition to the purchase amount. Status: Sold List Date: 2024-11-22 List Price: $800,000 Current Price: $693,000 Sold Date: 2025-02-07 Sold Price: $693,000

Property Description

Realtor.com Type: Multi Family Lot Size: City Lot Dimensions: 76'x100' Accessory Dwelling Unit: No Style: 5-10 Units Gar Stls: 0 Garage Type: None Lot Acres: 0.17 Appearance: Fair List Price/SqFt: 229.49 Sold Price/SqFt: 198.8 Type of Property: Multi-Family

Building Description

Total Units: 8 Main House SqFt: 3486 Year Built: 1949

Location, Legal and Taxes

APN: 021-182-004

Zoning

Multi-Family: 1

Possession

At Close of Escrow: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Lot Description

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

Utilities

Circuit Breaker: 1 Electric: 1 Separately Metered: 1

Levels

One Story: 1

Siding

Stucco: 1 Wood: 1

Total Units By Type

# Studio Units: 1 # 1 Bedroom Units: 7 # Full Baths: 8 # of Ranges: 8 # of Refrigerators: 8 # of Water Heaters: 8

Construction

Wood Frame: 1

Road

Gravel: 1 Paved: 1

Roof

Membrane: 1

Financing Terms

Cash: 1

Driveway

Concrete: 1 Gravel: 1

Parking

1 - 10 Spaces: 1

Heating

Baseboard: 1 Electric: 1

Water

Public: 1

Sewer

Public: 1

Flooring

Carpeted: 1 Vinyl: 1

Location Legal and Taxes

Area: North Bay House Number: 1076 Street Name: New Navy Base Street Suffix: Road Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: K Street

Directions and Remarks

Directions: New Navy Base Road (Samoa Blvd) Between J and K

Property Features

Zoning: Multi-Family Possession: At Close of Escrow Levels: One Story Parking: 1 - 10 Spaces Siding: Stucco; Wood Roof: Membrane Heating: Baseboard; Electric Construction: Wood Frame Driveway: Concrete; Gravel Water: Public Sewer: Public Lot Description: Flat; In Town; Near Public Trans; Near Shopping Road: Gravel; Paved Utilities: Circuit Breaker; Electric; Separately Metered Flooring: Carpeted; Vinyl Financing Terms: Cash
Listing Office: Community Realty / DB
IDX
Last Updated: February - 07 - 2025
Broker Attribution: 707-496-6691

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.