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
Overview
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.
Listing Details MLS# 259692
Listing Information
- Pended Date
- 2021-10-26
- Sold Date
- 2022-01-11
- Concession Remarks
- $2,000
Property Description
- Type of Property
- Multi-Family
- Realtor.com Type
- Multi Family
- Style
- Fourplex
- Garage Type
- None
- Lot Dimensions
- 40x100
- Lot Acres
- 0.1
- Appearance
- Very Good
- List Price/SqFt
- 182.9
- Sold Price/SqFt
- 187.4
- Gar Stls
- 0
Building Description
- Main House SqFt
- 2668
- Total Units
- 4
- Year Built
- 1983
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.
RV Parking
- Room for RV Parking
- Yes
- Paved
- Yes
More Information
Miscellaneous
- Sidewalk
- No
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
Location, Legal and Taxes
- APN
- 004-132-018
Zoning
- Multi-Family
- Yes
Possession
- Negotiable
- Yes
View
- Bay
- Yes
- City Lights
- Yes
Fenced
- Partial
- Yes
Lot Description
- City Lights View
- Yes
- Flat
- Yes
- In Town
- Yes
- Near Public Trans
- Yes
- Near Shopping
- Yes
Utilities
- Electric
- Yes
- Separately Metered
- Yes
- Shared Metered
- Yes
Levels
- 2 Story
- Yes
Foundation
- Slab
- Yes
Road
- Paved
- Yes
- Public
- Yes
Roof
- Other
- Yes
Insulation
- Dual Pane Window
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
Driveway
- Concrete
- Yes
Parking
- 1 - 10 Spaces
- Yes
- On Site
- Yes
- Paved
- Yes
- Private
- Yes
Heating
- Baseboard
- Yes
- Electric
- Yes
Kitchen
- Breakfast Bar
- Yes
- Elec
- Yes
- Hood
- Yes
- Range
- Yes
- Refrig
- Yes
- Other
- Yes
Water
- Public
- Yes
Dining
- Open
- Yes
Sewer
- Public
- Yes
Living
- Large
- Yes
Exterior Amenities
- Patio
- Yes
Flooring
- Carpeted
- Yes
- Vinyl
- Yes
Documents
- Disclosures-Public
- Yes
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.
