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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

Overview

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!

Listing Details MLS# 268264

Listing Information

Pended Date
2024-12-27
Sold Date
2025-02-07
Concession Remarks
Buyer paid for sewer lateral and both agents commissions, in addition to the purchase amount.

Property Description

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

Building Description

Main House SqFt
3486
Total Units
8
Year Built
1949

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

RV Parking

Room for RV Parking
No

More Information

Miscellaneous

Sidewalk
Yes

Total Units By Type

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

Location, Legal and Taxes

APN
021-182-004

Zoning

Multi-Family
Yes

Possession

At Close of Escrow
Yes

Lot Description

Flat
Yes
In Town
Yes
Near Public Trans
Yes
Near Shopping
Yes

Utilities

Circuit Breaker
Yes
Electric
Yes
Separately Metered
Yes

Levels

One Story
Yes

Siding

Stucco
Yes
Wood
Yes

Construction

Wood Frame
Yes

Road

Gravel
Yes
Paved
Yes

Roof

Membrane
Yes

Financing Terms

Cash
Yes

Driveway

Concrete
Yes
Gravel
Yes

Parking

1 - 10 Spaces
Yes

Heating

Baseboard
Yes
Electric
Yes

Water

Public
Yes

Sewer

Public
Yes

Flooring

Carpeted
Yes
Vinyl
Yes

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.