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312 Fortuna Boulevard, Fortuna, CA 95540

$1,385,000
Property Type: Multi-Family Square Footage: 5,357 Lot Size (sq. ft.): 12,632 Status: Sold
Current Price: $1,475,000 List Date: 10/04/2023 Last Modified: 9/07/2024

Description

Welcome to this fantastic investment opportunity in Fortuna, featuring a well-maintained 9-unit apartment complex. This property is conveniently located and has recently undergone updates, making it an attractive choice for investors.The property offers a variety of units to cater to different tenant needs, including 2 spacious 2-bedroom units, 6 well-designed 1-bedroom units, and 1 studio apartment. There are 5 separate storage closets available for rent, providing additional income opportunities for the owner. Additionally, there's a generously sized garage that the owner is currently using but can also be rented out for additional rental income.

Supplements: All of the units are separately metered for power, gas, water and sewer and each unit has its own forced air heater. Plenty of off street parking. Great opportunity to own this well maintained Fortuna investment property!

More Information MLS# 265361

Property Description

Realtor.com Type: Multi Family Lot Size: .25 - .49 Acres Lot Dimensions: 90x138 Accessory Dwelling Unit: No Style: 5-10 Units Gar Stls: 1 Garage Type: Attached Lot Acres: 0.29 Appearance: Excellent List Price/SqFt: 275.34 Sold Price/SqFt: 258.54 Type of Property: Multi-Family

Building Description

Gated Entry: No Total Units: 9 Main House SqFt: 5357 Year Built: 1948

Location, Legal and Taxes

APN: 040-292-007

Zoning

Commercial: 1

Possession

At Close of Escrow: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Lot Description

Flat: 1

Utilities

Circuit Breaker: 1 Electric: 1 Natural Gas: 1 Separately Metered: 1

Levels

2 Story: 1

Siding

Cement Composite: 1 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

Block: 1 Concrete Perimeter: 1

Construction

Wood Frame: 1

Road

Paved: 1 Public: 1

Roof

Composition Shingle: 1

Insulation

Dual Pane Window: 1 Partially Insulated: 1

Financing Terms

Cash: 1 Conventional: 1 Exchange: 1

Driveway

Concrete: 1

Heating

Forced Air: 1 Natural Gas: 1

Kitchen

Range: 1 Refrig: 1 Remodeled Kitchen: 1

Water

Public: 1

Sewer

Public: 1

Flooring

Carpeted: 1 Laminate: 1 Vinyl: 1

Listing Information

Status: Sold List Date: 2023-10-04 List Price: $1,475,000 Current Price: $1,385,000 Sold Date: 2024-01-09 Sold Price: $1,385,000

Location Legal and Taxes

Area: Mid County House Number: 312 Street Name: Fortuna Street Suffix: Boulevard Sub-Area: Fortuna State: CA Zip Code: 95540 Cross Street: Alder

Property Features

Zoning: Commercial Possession: At Close of Escrow Levels: 2 Story Kitchen: Range; Refrig; Remodeled Kitchen Foundation: Block; Concrete Perimeter Siding: Cement Composite; Wood Roof: Composition Shingle Insulation: Dual Pane Window; Partially Insulated Heating: Forced Air; Natural Gas Construction: Wood Frame Driveway: Concrete Water: Public Sewer: Public Lot Description: Flat Road: Paved; Public Utilities: Circuit Breaker; Electric; Natural Gas; Separately Metered Flooring: Carpeted; Laminate; Vinyl Financing Terms: Cash; Conventional; Exchange
Listing Office: Coldwell Banker Cutten Realty
IDX
Last Updated: September - 07 - 2024
Broker Attribution: joematteoli@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.