2721 Eel River Drive, Loleta, CA 95551
$600,000
Property Type:
Multi-Family
Square Footage:
4,166
Lot Size (sq. ft.):
27,878
Status:
Sold
Current Price:
$585,000
List Date:
4/18/2023
Last Modified:
9/07/2024
Description
9 units. $6580 gross monthly rents. Separately metered power and gas paid by tenants. Owner pays for garbage, water, sewer,and yard maintenance. Large parcel with south west pastoral valley views. Low income multifamily units in high demand. Low to no vacancy factor. Fair condition and priced accordingly. Property manager in place. Vacant unit #6 for easy showings. Great value added property as there is upside to remodel and rerent at higher amount. Most recent 6 month income and expense in documents. Appliances come with property. Rents to be prorated at close of escrow, deposits to be transferred to buyer. Commercial Loan Required. Buyer responsible for all due diligence. Parcel size and sqft per Humboldt County Assessor.
More Information MLS# 264015
Property Description
Realtor.com Type: Multi Family
Lot Size: .5 - .74 Acres
Lot Dimensions: 24829
Accessory Dwelling Unit: No
Style: 5-10 Units
Gar Stls: 0
Garage Type: None
Lot Acres: 0.64
Appearance: Fair
List Price/SqFt: 140.42
Sold Price/SqFt: 144.02
Type of Property: Multi-Family
Building Description
Total Units: 9
Main House SqFt: 4166
Year Built: 1936
Location, Legal and Taxes
APN: 309-141-004
Zoning
Multi-Family: 1
Schools
Elementary School: Loleta
High School: Fortuna
Possession
At Close of Escrow: 1
View
Panoramic: 1
Pasture: 1
Fenced
None: 1
RV Parking
Room for RV Parking: Yes
Miscellaneous
Privacy: No
Timber: No
Surveyed: No
Sidewalk: No
Alley: No
Security Deposit: Yes
Lot Description
Flat: 1
Pasture View: 1
Utilities
Electric: 1
Natural Gas: 1
Separately Metered: 1
Levels
One Story: 1
Siding
Wood: 1
Total Units By Type
# Studio Units: 1
# 1 Bedroom Units: 6
# 2 Bedroom Units: 2
# Full Baths: 9
# of Heating Units: 9
# of Ranges: 9
# of Refrigerators: 9
# of Water Heaters: 9
Foundation
Post/Piers: 1
Construction
Wood Frame: 1
Roof
Composition Shingle: 1
Financing Terms
Cash: 1
Other - See Remarks: 1
Driveway
Asphalt: 1
Parking
11 - 20 Spaces: 1
On Site: 1
Heating
Natural Gas: 1
Wall: 1
Kitchen
Range: 1
Refrig: 1
Water
Public: 1
Sewer
Public: 1
Flooring
Carpeted: 1
Plank: 1
Tile: 1
Vinyl: 1
Listing Information
Status: Sold
List Date: 2023-04-17
List Price: $585,000
Current Price: $600,000
Sold Date: 2023-12-21
Sold Price: $600,000
Location Legal and Taxes
Area: Mid County
House Number: 2721
Street Name: Eel River
Street Suffix: Drive
Sub-Area: Loleta
State: CA
Zip Code: 95551
Cross Street: Montgomery
Directions and Remarks
Directions: Hwy 101, Loleta offramp, down Loleta Dr, turn left on to Eel River Dr and Montgomery . Just before the old train trestle.
Property Features
View: Panoramic; Pasture
Fenced: None
Zoning: Multi-Family
Possession: At Close of Escrow
Levels: One Story
Parking: 11 - 20 Spaces; On Site
Kitchen: Range; Refrig
Foundation: Post/Piers
Siding: Wood
Roof: Composition Shingle
Heating: Natural Gas; Wall
Construction: Wood Frame
Driveway: Asphalt
Water: Public
Sewer: Public
Lot Description: Flat; Pasture View
Utilities: Electric; Natural Gas; Separately Metered
Flooring: Carpeted; Plank; Tile; Vinyl
Financing Terms: Cash; Other - See Remarks
Listing Office:
Humboldt Equity, Inc.
Last Updated: September - 07 - 2024
Broker Attribution:
Mattallen707@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.
