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
Overview
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.
Listing Details MLS# 264015
Listing Information
- Pended Date
- 2023-04-27
- Sold Date
- 2023-12-21
Property Description
- Type of Property
- Multi-Family
- Realtor.com Type
- Multi Family
- Style
- 5-10 Units
- Garage Type
- None
- Lot Dimensions
- 24829
- Lot Acres
- 0.64
- Accessory Dwelling Unit
- No
- Appearance
- Fair
- List Price/SqFt
- 140.42
- Sold Price/SqFt
- 144.02
- Gar Stls
- 0
Building Description
- Main House SqFt
- 4166
- Total Units
- 9
- Year Built
- 1936
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.
Schools
- Elementary School
- Loleta
- High School
- Fortuna
More Information
RV Parking
- Room for RV Parking
- Yes
Miscellaneous
- Privacy
- No
- Timber
- No
- Surveyed
- No
- Sidewalk
- No
- Alley
- No
- Security Deposit
- Yes
Total Units By Type
- # Studio Units
- Yes
- # 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
Location, Legal and Taxes
- APN
- 309-141-004
Zoning
- Multi-Family
- Yes
Possession
- At Close of Escrow
- Yes
View
- Panoramic
- Yes
- Pasture
- Yes
Fenced
- None
- Yes
Lot Description
- Flat
- Yes
- Pasture View
- Yes
Utilities
- Electric
- Yes
- Natural Gas
- Yes
- Separately Metered
- Yes
Levels
- One Story
- Yes
Siding
- Wood
- Yes
Foundation
- Post/Piers
- Yes
Construction
- Wood Frame
- Yes
Roof
- Composition Shingle
- Yes
Financing Terms
- Cash
- Yes
- Other - See Remarks
- Yes
Driveway
- Asphalt
- Yes
Parking
- 11 - 20 Spaces
- Yes
- On Site
- Yes
Heating
- Natural Gas
- Yes
- Wall
- Yes
Kitchen
- Range
- Yes
- Refrig
- Yes
Water
- Public
- Yes
Sewer
- Public
- Yes
Flooring
- Carpeted
- Yes
- Plank
- Yes
- Tile
- Yes
- Vinyl
- Yes
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.
