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1516 Myrtle Avenue, Myrtletown, CA 95501

New Listing
$499,000
Property Type: Multi-Family Square Footage: 2,000 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $499,000 List Date: 6/18/2026 Last Modified: 6/18/2026

Overview

Description

Great investment opportunity! Keep as a rental or for owner occupancy with rental income. Centrally located triplex with strong rental history. Newer well maintained complex with three 1 Bedroom/1 Bath units and a common coin-op laundry room. Owner pays for landscaping and trash. Tenant pays for water/sewer and PG&E (separately metered). Low overhead, strong cash flow investment property with close proximity to downtown Eureka, hospitals and public transit make this a landlord's dream.

Listing Details MLS# 272623

Property Description

Type of Property
Multi-Family
Realtor.com Type
Multi Family
Style
Apartments
Gar Stls
3
Garage Type
None
Lot Dimensions
50x120
Lot Acres
0.1
Accessory Dwelling Unit
No
Appearance
Average
List Price/SqFt
249.5

Building Description

Main House SqFt
2000
Historic Registry
Yes
Gated Entry
No
Total Units
3
Year Built
2004

Location Legal and Taxes

Area
South Bay
House Number
1516
Street Name
Myrtle
Street Suffix
Avenue
Sub-Area
Myrtletown
State
CA
Zip Code
95501
Cross Street
Bay
Subdivision
None

Schools

Elementary School
Lafayette
Middle School
Winship
High School
Eureka

RV Parking

Room for RV Parking
No

More Information

Miscellaneous

Sidewalk
Yes

Total Units By Type

# 1 Bedroom Units
3
# Full Baths
3
# of Heating Units
3
# of Ranges
3
# of Refrigerators
3
# of Water Heaters
4
Annual Gross Income
27000

Location, Legal and Taxes

APN
006-242-035

Zoning

Multi-Family
Yes

Possession

At Close of Escrow
Yes

View

Bay
Yes
City Lights
Yes

Fenced

None
Yes

Lot Description

None
Yes

Utilities

110 Volts
Yes
Electric
Yes
Natural Gas
Yes
Separate Laundry
Yes
Separately Metered
Yes
TV Cable
Yes

Levels

2 Story
Yes

Siding

Wood
Yes

Foundation

Post/Piers
Yes

Construction

Wood Frame
Yes

Road

Public
Yes
Sidewalks
Yes

Roof

Composition Shingle
Yes

Insulation

Ceiling
Yes
Dual Pane Window
Yes
Floor
Yes
Wall
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Driveway

Asphalt
Yes

Parking

1 - 10 Spaces
Yes
On Site
Yes
Paved
Yes
Private
Yes

Heating

Natural Gas
Yes
Wall
Yes

Kitchen

Dining in Kitchen
Yes
Dining Nook
Yes
Dishwasher
Yes
Gas
Yes
Range
Yes
Refrig
Yes

Water

Public
Yes

Sewer

Public
Yes

Laundry

Coin Op
Yes

Flooring

Carpeted
Yes
Vinyl
Yes

Property Features

View: Bay; City Lights Fenced: None Zoning: Multi-Family Possession: At Close of Escrow Levels: 2 Story Parking: 1 - 10 Spaces; On Site; Paved; Private Kitchen: Dining in Kitchen; Dining Nook; Dishwasher; Gas; Range; Refrig Foundation: Post/Piers Laundry: Coin Op Siding: Wood Roof: Composition Shingle Insulation: Ceiling; Dual Pane Window; Floor; Wall Heating: Natural Gas; Wall Construction: Wood Frame Driveway: Asphalt Water: Public Sewer: Public Lot Description: None Road: Public; Sidewalks Utilities: 110 Volts; Electric; Natural Gas; Separate Laundry; Separately Metered; TV Cable Flooring: Carpeted; Vinyl Financing Terms: Cash; Conventional
IDX
Listing Office: Bode Executive Property Management
Last Updated: June - 18 - 2026
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.