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2950 California Street, Eureka, CA 95501

$850,000
Property Type: Multi-Family Square Footage: 7,950 Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $850,000 List Date: 7/21/2025 Last Modified: 9/17/2025

Description

8 units which are comprised of 4 residential units and 4 commercial units. The current owners have had some work done to the units. Current rents, residential and commercial, are $6200 per month. 2 vacancies that could bring in another $2800 monthly. Potential monthly income of $9000+. Current CAP rate is 7.3. Once all the units are occupied, the CAP rate will be 10.4

More Information MLS# 267382

Property Description

Realtor.com Type: Multi Family Lot Size: .25 - .49 Acres Lot Dimensions: 110 X 112.4 Accessory Dwelling Unit: No Style: 5-10 Units Gar Stls: 4 Garage Type: Attached Lot Acres: 0.28 Appearance: Average List Price/SqFt: 106.92 Type of Property: Multi-Family

Building Description

Total Units: 8 Main House SqFt: 7950 Year Built: 1904

Location, Legal and Taxes

APN: 009-242-006

Zoning

Neighborhood Comm: 1

Schools

High School: Eureka

Possession

At Close of Escrow: 1

Fenced

Partial: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Levels

2 Story: 1

Total Units By Type

# 1 Bedroom Units: 2 # 2 Bedroom Units: 1 # 3 Bedroom Units: 1 # Full Baths: 6 # of Half Baths: 2

Financing Terms

Cash: 1 Conventional: 1

Parking

1 - 10 Spaces: 1

Listing Information

Status: Active List Date: 2024-07-17 List Price: $850,000 Current Price: $850,000

Location Legal and Taxes

Area: South Bay House Number: 2950 Street Name: California Street Suffix: Street Sub-Area: Eureka State: CA Zip Code: 95501 Cross Street: Harris Street

Directions and Remarks

Directions: Corner of California Street and Harris Street.

Property Features

Fenced: Partial Zoning: Neighborhood Comm Possession: At Close of Escrow Levels: 2 Story Parking: 1 - 10 Spaces Financing Terms: Cash; Conventional
Listing Office: RE/MAX Humboldt Realty
IDX
Last Updated: September - 17 - 2025
Broker Attribution: hannes.realtor@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.