137 12th Street, Fortuna, CA 95540
$1,450,000
Property Type:
Multi-Family
Square Footage:
23,676
Lot Size (sq. ft.):
60,984
Status:
Sold
Current Price:
$1,570,000
List Date:
3/03/2015
Last Modified:
9/07/2024
Description
Great cash flow on this large complex, currently managed by Professional Property Manager. All units are 3 bedrooms, some with balconies, others with fenced yard areas. Covered parking, located near schools,bus lines, shopping and freeway access. Great for cash flow investment opportunities and 1031 Exchanges. Onsite laundry facility space for additional income opportunity. HUD approved rental property.
More Information MLS# 242292
Listing Information
Concession Remarks: discounted to make up for needed work and continue with some evictions.
Status: Sold
List Date: 2015-03-02
List Price: $1,570,000
Current Price: $1,450,000
Sold Date: 2015-06-22
Sold Price: $1,450,000
Property Description
Realtor.com Type: Multi Family
Lot Size: 1 - 1.99 Acres
Lot Dimensions: 285x215
Style: Apartments
Gar Stls: 28
Garage Type: Carport
Lot Acres: 1.4
Appearance: Average
List Price/SqFt: 66.31
Sold Price/SqFt: 61.24
Type of Property: Multi-Family
Building Description
Historic Registry: No
Gated Entry: No
Total Units: 24
Main House SqFt: 23676
Year Built: 1965
Location, Legal and Taxes
School District: Fortuna
APN: 040-221-007
Zoning
Multi-Family: 1
Neighborhood Comm: 1
Schools
Elementary School: Cuddeback
High School: Fortuna
Possession
At Close of Escrow: 1
View
City Lights: 1
Hills: 1
Pasture: 1
Fenced
Partial: 1
RV Parking
Room for RV Parking: Yes
Paved: 1
Miscellaneous
Timber: No
Sidewalk: Yes
Alley: No
Security Deposit: Yes
Lot Description
City Lights View: 1
Flat: 1
In Town: 1
Near Shopping: 1
Pasture/Field: 1
Utilities
110 Volts: 1
Circuit Breaker: 1
Electric: 1
Natural Gas: 1
Separate Laundry: 1
Separately Metered: 1
Telephone: 1
TV Cable: 1
Levels
2 Story: 1
Siding
Vertical: 1
Wood: 1
Other: 1
Total Units By Type
# 3 Bedroom Units: 24
# Full Baths: 24
# of Heating Units: 24
# of Ranges: 24
# of Refrigerators: 24
# of Water Heaters: 25
Annual Gross Income: 276000
Annual Expenses: 29460
Foundation
Concrete Perimeter: 1
Slab: 1
Construction
Wood Frame: 1
Road
Curbing: 1
Public: 1
Sidewalks: 1
Roof
Tar & Gravel: 1
Insulation
Unknown: 1
Financing Terms
Cash: 1
Conventional: 1
Exchange: 1
Owner Carry 2nd: 1
Driveway
Asphalt: 1
Parking
21 or More Spaces: 1
On Site: 1
Paved: 1
Under Cover: 1
Heating
Natural Gas: 1
Wall: 1
Kitchen
Hood: 1
Range: 1
Refrig: 1
Water
Public: 1
Dining
Combined: 1
Open: 1
Sewer
Public: 1
Living
Deck Off: 1
Exterior Amenities
Deck: 1
Patio: 1
Laundry
Sink: 1
Washer: 1
Coin Op: 1
Dryer: 1
Separate: 1
Flooring
Carpeted: 1
Tile: 1
Vinyl: 1
Location Legal and Taxes
Area: Mid County
House Number: 137
Street Name: 12th
Street Suffix: Street
Sub-Area: Fortuna
State: CA
Zip Code: 95540
Cross Street: Loni Dr
Directions and Remarks
Directions: 101 to exit 689 to Main Street, turn right on 12th. Property on Left
Property Features
View: City Lights; Hills; Pasture
Fenced: Partial
Zoning: Multi-Family; Neighborhood Comm
RV Parking: Paved
Possession: At Close of Escrow
Levels: 2 Story
Parking: 21 or More Spaces; On Site; Paved; Under Cover
Kitchen: Hood; Range; Refrig
Dining: Combined; Open
Living: Deck Off
Foundation: Concrete Perimeter; Slab
Laundry: Coin Op; Dryer; Separate; Sink; Washer
Siding: Vertical; Wood; Other
Roof: Tar & Gravel
Insulation: Unknown
Heating: Natural Gas; Wall
Construction: Wood Frame
Driveway: Asphalt
Water: Public
Sewer: Public
Lot Description: City Lights View; Flat; In Town; Near Shopping; Pasture/Field
Road: Curbing; Public; Sidewalks
Exterior Amenities: Deck; Patio
Utilities: 110 Volts; Circuit Breaker; Electric; Natural Gas; Separate Laundry; Separately Metered; Telephone; TV Cable
Flooring: Carpeted; Tile; Vinyl
Financing Terms: Cash; Conventional; Exchange; Owner Carry 2nd
Listing Office:
MikkiMoves Real Estate, Inc.
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.
