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1140 E Street, Eureka, CA 95501

$1,650,000
Property Type: Multi-Family Square Footage: 9,583 Lot Size (sq. ft.): 9,583 Status: Sold
Current Price: $2,200,000 List Date: 9/24/2024 Last Modified: 1/25/2025

Description

Beautiful grand old building with very good rental history. Very well maintained and lots of updates. 29 units. 6 one bedrooms and 23 studios, plus 2 potential units (1 big studio and 1 two bedroom) in the basement to turn into more future rents. Basement is partially finished with 13 storage units. All units are separately metered for gas and electric. Laundry place inside the building. Good management team in place. Unit 1 is for on-site manager, no rent on it.

More Information MLS# 267887

Property Description

Realtor.com Type: Multi Family Lot Size: City Lot Dimensions: 112x76.8x97.4 Accessory Dwelling Unit: No Style: Over 10 Units Gar Stls: 0 Garage Type: None Lot Acres: 0.22 Appearance: Very Good List Price/SqFt: 229.57 Sold Price/SqFt: 172.18 Type of Property: Multi-Family

Building Description

Historic Registry: No Total Units: 29 Main House SqFt: 9583 Year Built: 1919

Location, Legal and Taxes

School District: Eureka APN: 004-163-008-000

Zoning

Multi-Family: 1

Possession

At Close of Escrow: 1

Fenced

Partial: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Lot Description

Flat: 1 In Town: 1 Near Shopping: 1

Utilities

Circuit Breaker: 1 Electric: 1 Gas: 1 Separately Metered: 1

Levels

3 or more Stories: 1

Siding

Stucco: 1 Wood: 1

Total Units By Type

# Studio Units: 23 # 1 Bedroom Units: 6 # Full Baths: 29 # of Ranges: 29 # of Refrigerators: 29 # of Water Heaters: 29 Annual Gross Income: 247200 Annual Expenses: 115556

Construction

Wood Frame: 1

Road

Paved: 1 Public: 1 Sidewalks: 1

Roof

Other: 1

Insulation

Dual Pane Window: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Asphalt: 1 Gravel: 1

Parking

1 - 10 Spaces: 1 On Site: 1

Heating

Electric: 1 Natural Gas: 1 Wall: 1

Water

Public: 1

Sewer

Public: 1

Laundry

Coin Op: 1

Flooring

Carpeted: 1 Laminate: 1 Plank: 1 Vinyl: 1

Documents

Other - Private: 1

Listing Information

Status: Sold List Date: 2024-09-24 List Price: $2,200,000 Current Price: $1,650,000 Sold Date: 2025-01-24 Sold Price: $1,650,000

Location Legal and Taxes

Area: South Bay House Number: 1140 Street Name: E Street Suffix: Street Sub-Area: Eureka State: CA Zip Code: 95501 Cross Street: Hillsdale

Directions and Remarks

Directions: Corner of E and Hillsdale.

Property Features

Fenced: Partial Zoning: Multi-Family Possession: At Close of Escrow Levels: 3 or more Stories Parking: 1 - 10 Spaces; On Site Laundry: Coin Op Siding: Stucco; Wood Roof: Other Insulation: Dual Pane Window Heating: Electric; Natural Gas; Wall Construction: Wood Frame Driveway: Asphalt; Gravel Water: Public Sewer: Public Lot Description: Flat; In Town; Near Shopping Road: Paved; Public; Sidewalks Utilities: Circuit Breaker; Electric; Gas; Separately Metered Flooring: Carpeted; Laminate; Plank; Vinyl Financing Terms: Cash; Conventional Documents: Other - Private
Listing Office: Na Sun, Broker
IDX
Last Updated: January - 25 - 2025
Broker Attribution: hebepettlon@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.