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389 4th Street, Arcata, CA 95521

$602,000
Property Type: Multi-Family Square Footage: 4,300 Lot Size (sq. ft.): 20,909 Status: Sold
Current Price: $649,000 List Date: 9/03/2020 Last Modified: 9/07/2024

Description

Excellent opportunity to own a 4 unit building in a high demand area of Arcata. Located right in town, the building provides easy access to Humboldt State University and is just blocks from the Arcata Plaza. When a unit opens up, it rents very quickly. Rents are $1200 each. All units are occupied with long-term tenants. The building has been well maintained. All units have laminate floors and a private balcony. There is a laundry room onsite with a coin-op washer and dryer. Each unit has at least one off-street covered parking space in a carport. Lot size and square ft are approximate. Buyer to confirm. Units are all similar. Sewer lateral and home inspection completed. Buyer to cooperate with Seller's 1031 exchange at no cost to Buyer. Seller is a licensed Real Estate Broker

More Information MLS# 257335

Listing Information

Concession Remarks: $1500 heater credit Status: Sold List Date: 2020-09-03 List Price: $649,000 Current Price: $602,000 Sold Date: 2020-11-10 Sold Price: $602,000

Property Description

Realtor.com Type: Multi Family Lot Size: .25 - .49 Acres Lot Dimensions: 150' x140' Style: Fourplex Gar Stls: 4 Garage Type: Carport Lot Acres: 0.48 Appearance: Good List Price/SqFt: 150.93 Sold Price/SqFt: 140 Type of Property: Multi-Family

Building Description

Historic Registry: No Gated Entry: No Total Units: 4 Main House SqFt: 4300 Year Built: 1967

Location, Legal and Taxes

School District: Arcata APN: 021-026-001

Zoning

Multi-Family: 1

Schools

Elementary School: Arcata

Possession

At Close of Escrow: 1

Fenced

Partial: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Lot Description

Flat: 1 In Town: 1 Near Shopping: 1

Utilities

Circuit Breaker: 1 Electric: 1 Gas: 1 Separate Laundry: 1 Separately Metered: 1 Shared Metered: 1

Levels

2 Story: 1

Siding

Vinyl: 1

Total Units By Type

# 2 Bedroom Units: 4 # Full Baths: 4 # of Heating Units: 4 # of Ranges: 4 # of Refrigerators: 4 # of Water Heaters: 5

Construction

Wood Frame: 1

Road

Deadend: 1 Paved: 1

Roof

Membrane: 1 Other: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Concrete: 1

Parking

1 - 10 Spaces: 1

Heating

Wall: 1

Kitchen

Dining Nook: 1 Dishwasher: 1

Water

Public: 1

Sewer

Public: 1

Laundry

Coin Op: 1

Flooring

Laminate: 1

Location Legal and Taxes

Area: North Bay House Number: 389 Street Name: 4th Street Suffix: Street Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: E Street

Directions and Remarks

Directions: Take F north, turn right on 5th, turn right on E Street and left on 4th.

Property Features

Fenced: Partial Zoning: Multi-Family Possession: At Close of Escrow Levels: 2 Story Parking: 1 - 10 Spaces Kitchen: Dining Nook; Dishwasher Laundry: Coin Op Siding: Vinyl Roof: Membrane; Other Heating: Wall Construction: Wood Frame Driveway: Concrete Water: Public Sewer: Public Lot Description: Flat; In Town; Near Shopping Road: Deadend; Paved Utilities: Circuit Breaker; Electric; Gas; Separate Laundry; Separately Metered; Shared Metered Flooring: Laminate Financing Terms: Cash; Conventional
Listing Office: Jacoby Creek Real Estate
IDX
Last Updated: September - 07 - 2024
Broker Attribution: 707-496-4478

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.