1941 Third Street, Eureka, CA 95501
$685,000
Property Type:
Commercial
Square Footage:
1,500
Lot Size (sq. ft.):
26,136
Status:
Sold
Current Price:
$685,000
List Date:
9/21/2020
Last Modified:
9/09/2024
Overview
Description
Clean well managed Mobile Home Park. 16 spaces and 2 studio apartments plus on sight launderette. Clientele are mostly seniors. Desirable location with bus line across the street and walking distance to most services. Low Vacancy. DO NOT DISTURB the tenants. Listing broker is owner, so call me with questions or showing appointment Listing Broker and agents DO NOT guarantee the information in this MLS Listing is accurate. It is the duty of any person, buyer or entity using this MLS listing to exercise due diligence to independently verify this information.
Listing Details MLS# 257437
Listing Information
- Pended Date
- 2020-10-02
- Sold Date
- 2021-01-26
Property Description
- Type of Property
- Commercial
- Realtor.com Type
- Commercial
- Construction Status
- Existing
- Main House SqFt
- 1500
- Lot Acres
- 0.6
- Flood Zone
- No
- Cap Rate
- 7
- List Price/SqFt
- 456.66
- Sold Price/SqFt
- 456.66
Location Legal and Taxes
- Area
- South Bay
- House Number
- 1941
- Street Name
- Third
- Street Suffix
- Street
- Sub-Area
- Eureka
- State
- CA
- Zip Code
- 95501
- Cross Street
- U
Directions and Remarks
- Directions
- Directly behind the Red Lion Inn on Third
APOD
- GOI
- 80000
- NOI
- 48000
Building Description
- Year Built
- 1940
- Total Baths
- 2
- # Units
- 18
- Condition
- Very Good
More Information
Square Footages
- Total Building SqFt
- 1500
Business
- Business Name
- Recetki Park
- Real Estate Included
- Yes
- Equip Included
- Yes
- List Avail
- Yes
- License Incl
- Yes
- Fixtures Incl
- Yes
Exterior Features
- Outbuildings
- Shed
Location, Legal and Taxes
- APN
- 002-096-005
Zoning
- Commercial
- Yes
Possession
- At Close of Escrow
- Yes
Income & Expenses
- Signage
- Yes
- Annual Income
- 81420
- Annual Gross Rev
- 79620
- Gross Income
- 81420
- Net Operating Inc
- 50000
- Insurance
- 3400
- Utilities
- 24343
- Other Expense
- 3600
- Annual Expenses
- 31343
- Total Operating Exp
- 38843
Type of Use
- Mobile Home Park
- Yes
Existing Use
- Other
- Yes
Utilities
- Circuit Breaker
- Yes
- Electric
- Yes
- Gas
- Yes
- Telephone
- Yes
- TV Cable
- Yes
- 220 Volt
- Yes
- Underground Utility
- Yes
Siding
- Wood
- Yes
Location
- Corner Lot
- Yes
Foundation
- Slab
- Yes
Construction
- Wood Frame
- Yes
Roof
- Composition Shingle
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
Parking
- 11 - 20 Spaces
- Yes
Heating
- Natural Gas
- Yes
Exterior Amenities
- Security Lighting
- Yes
Flooring
- Vinyl
- Yes
- Partially Carpeted
- Yes
Sale Includes
- Land/Bldg/Bus
- Yes
Property Features
Zoning:
Commercial
Type of Use:
Mobile Home Park
Existing Use:
Other
Location:
Corner Lot
Foundation:
Slab
Construction:
Wood Frame
Siding:
Wood
Roof:
Composition Shingle
Parking:
11 - 20 Spaces
Exterior Amenities:
Security Lighting
Utilities:
220 Volt; Circuit Breaker; Electric; Gas; Telephone; TV Cable; Underground Utility
Heating:
Natural Gas
Flooring:
Partially Carpeted; Vinyl
Sale Includes:
Land/Bldg/Bus
Possession:
At Close of Escrow
Financing Terms:
Cash; Conventional
Documents
Listing Office:
RE/MAX Humboldt Realty
Last Updated: September - 09 - 2024
Broker Attribution:
johnduncan52@gmail.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.

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