275 9th Street, Fortuna, CA 95540 (MLS# 270566)

275 9th Street, Fortuna, CA 95540

$1,100,000

Property Type: Multi-Family Square Footage: 7,056 Lot Size (sq. ft.): 17,860 Status: Sold

Current Price: $1,100,000 List Date: 9/10/2025 Last Modified: 1/14/2026

Overview

Description

Investment Opportunity. Recently Renovated 7-unit apartment complex featuring spacious 2-bedroom, 1.5-bath townhouse-style units with in-unit laundry and private fenced backyards. Each unit is thoughtfully designed with kitchen, living room, laundry, and half bath on the main floor, and two bedrooms plus full bath upstairs.Property Features: Ample off-street parking with covered carports, Quiet setting with no through traffic, Professionally managed for ease of ownership, Each unit separately metered for PGE gas/power and water/sewer, Owner pays landscaping, pest control, and trash, Extensive recent upgrades inside and out (see documents for full list of recent capital improvements). Financials: Gross Monthly Rents: $9,800. 2024 NOI: $57,608 (4.6% cap; reflects vacancy for interior

Supplements: remodeling). 2023 NOI 68,051 5.4 cap rate Note the attached documents with YTD, 2023 and 2024 profit and loss statements and rent roll Unit D to remain vacant for purposes of showing the property. Remaining units to be shown

Listing Details MLS# 270566

Listing Information

Pended Date: 2025-11-21
Sold Date: 2026-01-13

Property Description

Type of Property: Multi-Family
Realtor.com Type: Multi Family
Style: 5-10 Units
Gar Stls: 7
Garage Type: Carport
Lot Dimensions: 17,859
Lot Acres: 0.41
Accessory Dwelling Unit: No
Appearance: Very Good
List Price/SqFt: 177.15
Sold Price/SqFt: 155.9

Building Description

Main House SqFt: 7056
Historic Registry: No
Gated Entry: No
Total Units: 7
Year Built: 1987

Location Legal and Taxes

Area: Mid County
House Number: 275
Street Name: 9th
Street Suffix: Street
Sub-Area: Fortuna
State: CA
Zip Code: 95540
Cross Street: I Street

Directions and Remarks

Directions: Main Street Fortuna, turn south on 9th, at the end of the road

Schools

Elementary School: South Fortuna
Middle School: Fortuna
High School: Fortuna

More Information

RV Parking

Room for RV Parking: No

Miscellaneous

Privacy: No
Timber: No
Surveyed: No
Sidewalk: No
Alley: No
Security Deposit: Yes

Total Units By Type

# 2 Bedroom Units: 7
# Full Baths: 7
# of Half Baths: 7
# of Heating Units: 7
# of Ranges: 7
# of Refrigerators: 7
# of Water Heaters: 7
Annual Gross Income: 117600

Location, Legal and Taxes

APN: 040-192-002

Zoning

Multi-Family: Yes

Possession

Imm with Buyer Rent: Yes

View

Panoramic: Yes

Fenced

Wire: Yes
Partial: Yes

Lot Description

Flat: Yes
In Town: Yes

Utilities

110 Volts: Yes
Circuit Breaker: Yes
Natural Gas: Yes
Separate Laundry: Yes
Separately Metered: Yes
Telephone: Yes
TV Cable: Yes

Levels

2 Story: Yes

Siding

Cement Composite: Yes
Horizontal: Yes

Foundation

Slab: Yes

Construction

Wood Frame: Yes

Road

Deadend: Yes
Paved: Yes

Roof

Composition Shingle: Yes

Insulation

Dual Pane Window: Yes

Financing Terms

Cash: Yes
Conventional: Yes
Exchange: Yes

Driveway

Asphalt: Yes

Parking

11 - 20 Spaces: Yes
On Site: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Kitchen

Dining in Kitchen: Yes
Dishwasher: Yes
Gas: Yes
Hood: Yes
Range: Yes
Refrig: Yes

Water

Public: Yes

Sewer

Public: Yes

Living

Large: Yes

Exterior Amenities

Patio: Yes

Laundry

Dryer Hookups: Yes
Washer Hookups: Yes

Flooring

Carpeted: Yes
Laminate: Yes
Tile: Yes
Vinyl: Yes

Documents

Floor Plan - Public: Yes

Property Features

View: Panoramic Fenced: Partial; Wire Zoning: Multi-Family Possession: Imm with Buyer Rent Levels: 2 Story Parking: 11 - 20 Spaces; On Site Kitchen: Dining in Kitchen; Dishwasher; Gas; Hood; Range; Refrig Living: Large Foundation: Slab Laundry: Dryer Hookups; Washer Hookups Siding: Cement Composite; Horizontal Roof: Composition Shingle Insulation: Dual Pane Window Heating: Forced Air; Natural Gas Construction: Wood Frame Driveway: Asphalt Water: Public Sewer: Public Lot Description: Flat; In Town Road: Deadend; Paved Exterior Amenities: Patio Utilities: 110 Volts; Circuit Breaker; Natural Gas; Separate Laundry; Separately Metered; Telephone; TV Cable Flooring: Carpeted; Laminate; Tile; Vinyl Financing Terms: Cash; Conventional; Exchange Documents: Floor Plan - Public

Listing Office: Humboldt Equity, Inc.

Last Updated: January - 14 - 2026

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.