Lost coast view

Search

1620-1690 Marilann Court, Arcata, CA 95521

$1,450,000
Property Type: Multi-Family Square Footage: 6,912 Lot Size (sq. ft.): 72,310 Status: Sold
Current Price: $1,200,000 List Date: 3/07/2022 Last Modified: 9/07/2024

Description

It's not often that an opportunity for multiple rentals and a primary residence surface on one lot, and it's even rarer for that type of lot to be wrapped in some of Humboldt County's most scenic views. It's that combination that makes Marilann Ct. such a unique opportunity to invest in. Comprised of seven 2 bedroom, 1 bath homes – each approx 672 sq ft – alongside a larger approx 2208 sq ft. 3 bedroom, 2 bath residence, with separate guest bedroom & bathroom, Marilann Ct. is a prime location to develop a tight-knit group of renters into a full-fledged community. A clear view of the mountain ranges dotted around Humboldt county only makes the slice of property more desirable.

Supplements: The lot is 1.66 flat acres and while it may look remote, it's comfortably located near Downtown Arcata, the Arcata Marsh, and Cal Poly Humboldt, making it an appealing location for a multitude of reasons. Brightly colored yet surprisingly uniform, the seven homes feature a few shared amenities without sacrificing their own unique vibrancy. Each unit has dual-paned windows for residents to fully take in the landscape. Additionally, each unit has its own carport (some have been closed in as storage rooms), and each carport area has its own washer and dryer hookups. The units are separately metered for electric and gas, water and septic are private. Sitting at the end of Marilann Ct., the large home is great for an on-site property manager or for renting out on its own. It features an upstairs guest space with its own bath and a scenic view of Arcata Bay, great for sipping your favorite beverage while taking in one of Humboldt County's gorgeous sunsets. The large home is the capstone of what is an incredibly versatile piece of property. A rustic feel, scenic views, and vibrant individual units all separate Marilann Ct. from Arcata's other dwellings. Those that want a remote feel without being too far from amenities should look no further, especially if they want to expand their income with a healthy number of rental units.

More Information MLS# 261228

Property Description

Realtor.com Type: Multi Family Lot Size: 1 - 1.99 Acres Lot Dimensions: See APN Map Style: 5-10 Units Gar Stls: 8 Garage Type: Carport Lot Acres: 1.66 Appearance: Very Good List Price/SqFt: 173.61 Sold Price/SqFt: 209.78 Type of Property: Multi-Family

Building Description

Total Units: 8 Main House SqFt: 6912 Year Built: 1944

Location, Legal and Taxes

APN: 506-131-008

Zoning

Agricultural: 1 Coastal: 1

Possession

Imm with Buyer Rent: 1

View

Bay: 1 Hills: 1 Panoramic: 1 Pasture: 1

Fenced

Partial: 1

RV Parking

Room for RV Parking: Yes

Miscellaneous

Sidewalk: No

Lot Description

Bay View: 1 Flat: 1 Hills View: 1 Open: 1 Panoramic View: 1 Pasture View: 1 Pasture/Field: 1 Mountain View: 1

Utilities

Circuit Breaker: 1 Electric: 1 Natural Gas: 1 Separate Laundry: 1 Separately Metered: 1

Levels

2 Story: 1

Siding

Cement Composite: 1

Total Units By Type

# 2 Bedroom Units: 7 # 3 Bedroom Units: 1 # Full Baths: 10

Foundation

Concrete Perimeter: 1 Slab: 1

Construction

Wood Frame: 1

Road

Deadend: 1 Gravel: 1 Private: 1

Roof

Composition Shingle: 1

Insulation

Dual Pane Window: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Gravel: 1 Shared: 1

Parking

On Site: 1

Heating

Forced Air: 1 Natural Gas: 1 Wall: 1

Kitchen

Dishwasher: 1 Gas: 1 Hood: 1 Microwave: 1 Range: 1

Water

Private: 1 Well: 1

Dining

Open: 1

Sewer

Private: 1

Living

Deck Off: 1 Large: 1 View: 1

Exterior Amenities

Deck: 1 Out Building: 1

Laundry

Dryer Hookups: 1 Washer Hookups: 1

Flooring

Carpeted: 1 Tile: 1 Vinyl: 1

Listing Information

Status: Sold List Date: 2022-03-07 List Price: $1,200,000 Current Price: $1,450,000 Sold Date: 2022-05-04 Sold Price: $1,450,000

Location Legal and Taxes

Area: North Bay House Number: 1620-1690 Street Name: Marilann Street Suffix: Court Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: Bay School Rd

Directions and Remarks

Directions: PLEASE do not drive down Marilann Ct without an appointment, all units are occupied.

Property Features

View: Bay; Hills; Panoramic; Pasture Fenced: Partial Zoning: Agricultural; Coastal Possession: Imm with Buyer Rent Levels: 2 Story Parking: On Site Kitchen: Dishwasher; Gas; Hood; Microwave; Range Dining: Open Living: Deck Off; Large; View Foundation: Concrete Perimeter; Slab Laundry: Dryer Hookups; Washer Hookups Siding: Cement Composite Roof: Composition Shingle Insulation: Dual Pane Window Heating: Forced Air; Natural Gas; Wall Construction: Wood Frame Driveway: Gravel; Shared Water: Private; Well Sewer: Private Lot Description: Bay View; Flat; Hills View; Open; Panoramic View; Pasture View; Pasture/Field; Mountain View Road: Deadend; Gravel; Private Exterior Amenities: Deck; Out Building Utilities: Circuit Breaker; Electric; Natural Gas; Separate Laundry; Separately Metered Flooring: Carpeted; Tile; Vinyl Financing Terms: Cash; Conventional
Listing Office: Forbes & Associates-Sarah Corliss
IDX
Last Updated: September - 07 - 2024
Broker Attribution: sarah@forbesandassoc.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.