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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

Overview

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

Listing Details MLS# 267382

Property Description

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

Building Description

Main House SqFt
7950
Total Units
8
Year Built
1904

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.

Schools

High School
Eureka

More Information

RV Parking

Room for RV Parking
No

Miscellaneous

Sidewalk
Yes

Total Units By Type

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

Location, Legal and Taxes

APN
009-242-006

Zoning

Neighborhood Comm
Yes

Possession

At Close of Escrow
Yes

Fenced

Partial
Yes

Levels

2 Story
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Parking

1 - 10 Spaces
Yes

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.