16 Church Street, Eureka, CA 95501
$500,000
Property Type:
Multi-Family
Square Footage:
2,668
Lot Size (sq. ft.):
4,356
Status:
Sold
Current Price:
$488,000
List Date:
10/19/2021
Last Modified:
4/07/2025
Description
Four desirable, attractive, charmingly hip and rustic bright French-style units with beamed ceilings, solid pine cabinets, views. Live in one and rent the others? Individual, private yards with raised garden areas, patios. 5.66% CAP rate. Tremendous upside revenue potential. Below-market rents on track to increase to $800-$900/unit (1 now @$800); $38,400-$43,200/yr, same PM since acquired. Built in 1983. Possible condo conversion (check with City). Excellent rental history; tenants pay electric. Well-maintained, low maintenance property, spacious private parking. Walk to markets, shops, Old Town Eureka, the waterfront, bus line—not to mention a few blocks to my favorite restaurant and wine bar, Brick & Fire. Halfway between Humboldt University and Community College.
More Information MLS# 259692
Listing Information
Concession Remarks: $2,000
Status: Sold
List Date: 2021-07-29
List Price: $488,000
Current Price: $500,000
Sold Date: 2022-01-11
Sold Price: $500,000
Property Description
Realtor.com Type: Multi Family
Lot Size: City
Lot Dimensions: 40x100
Style: Fourplex
Gar Stls: 0
Garage Type: None
Lot Acres: 0.1
Appearance: Very Good
List Price/SqFt: 182.9
Sold Price/SqFt: 187.4
Type of Property: Multi-Family
Building Description
Total Units: 4
Main House SqFt: 2668
Year Built: 1983
Location, Legal and Taxes
APN: 004-132-018
Zoning
Multi-Family: 1
Possession
Negotiable: 1
View
Bay: 1
City Lights: 1
Fenced
Partial: 1
RV Parking
Room for RV Parking: Yes
Paved: 1
Miscellaneous
Sidewalk: No
Lot Description
City Lights View: 1
Flat: 1
In Town: 1
Near Public Trans: 1
Near Shopping: 1
Utilities
Electric: 1
Separately Metered: 1
Shared Metered: 1
Levels
2 Story: 1
Total Units By Type
# 1 Bedroom Units: 4
# Full Baths: 4
# of Heating Units: 8
# of Ranges: 4
# of Refrigerators: 4
# of Water Heaters: 4
GRM: 13
Annual Gross Income: 36000
Annual Expenses: 10800
Foundation
Slab: 1
Road
Paved: 1
Public: 1
Roof
Other: 1
Insulation
Dual Pane Window: 1
Financing Terms
Cash: 1
Conventional: 1
Exchange: 1
Driveway
Concrete: 1
Parking
1 - 10 Spaces: 1
On Site: 1
Paved: 1
Private: 1
Heating
Baseboard: 1
Electric: 1
Kitchen
Breakfast Bar: 1
Elec: 1
Hood: 1
Range: 1
Refrig: 1
Other: 1
Water
Public: 1
Dining
Open: 1
Sewer
Public: 1
Living
Large: 1
Exterior Amenities
Patio: 1
Flooring
Carpeted: 1
Vinyl: 1
Documents
Disclosures-Public: 1
Location Legal and Taxes
Area: South Bay
House Number: 16
Street Name: Church
Street Suffix: Street
Sub-Area: Eureka
State: CA
Zip Code: 95501
Cross Street: B St.
Directions and Remarks
Directions: From Wabash, turn on A or B street toward Old Town and turn immediately onto Church St. The property is between A and B streets.
Property Features
View: Bay; City Lights
Fenced: Partial
Zoning: Multi-Family
RV Parking: Paved
Possession: Negotiable
Levels: 2 Story
Parking: 1 - 10 Spaces; On Site; Paved; Private
Kitchen: Breakfast Bar; Elec; Hood; Range; Refrig; Other
Dining: Open
Living: Large
Foundation: Slab
Roof: Other
Insulation: Dual Pane Window
Heating: Baseboard; Electric
Driveway: Concrete
Water: Public
Sewer: Public
Lot Description: City Lights View; Flat; In Town; Near Public Trans; Near Shopping
Road: Paved; Public
Exterior Amenities: Patio
Utilities: Electric; Separately Metered; Shared Metered
Flooring: Carpeted; Vinyl
Financing Terms: Cash; Conventional; Exchange
Documents: Disclosures-Public
Listing Office:
Coldwell Banker Residential
Last Updated: April - 07 - 2025
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.
