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401 4th Street, Arcata, CA 95521

$488,600
Property Type: Multi-Family Square Footage: 3,526 Lot Size (sq. ft.): 12,197 Status: Sold
Current Price: $575,000 List Date: 10/28/2020 Last Modified: 12/30/2024

Overview

Description

This 4 Plex is ready for a new owner! Ideal Arcata location that is within walking distance to amenities and Humboldt State University. Has a good rental history and room for increase in market rents. Currently rented with slightly lower market rents with long term tenants. All the units are 2 bedroom, 1 bath units that are approximately 869.5 sq ft each. Roof was replaced by Mcmurray and Sons in 2018. There is an onsite coin op laundry and each apartment has one off street parking space in the carports. Unit #D will be vacant by Nov 10th to schedule viewings. Property is currently on one water meter. More Photos Soon!

Listing Details MLS# 257698

Listing Information

Pended Date
2020-12-10
Sold Date
2021-03-02
Concession Remarks
Reduced price for needed improvements

Property Description

Type of Property
Multi-Family
Realtor.com Type
Multi Family
Style
Fourplex
Gar Stls
4
Garage Type
Carport
Lot Dimensions
125x100
Lot Acres
0.28
Appearance
Fair
List Price/SqFt
163.07
Sold Price/SqFt
138.57

Building Description

Main House SqFt
3526
Total Units
4
Year Built
1971

Location Legal and Taxes

Area
North Bay
House Number
401
Street Name
4th
Street Suffix
Street
Sub-Area
Arcata
State
CA
Zip Code
95521
Cross Street
10th Street

RV Parking

Room for RV Parking
No

Miscellaneous

Sidewalk
Yes

More Information

Total Units By Type

# 2 Bedroom Units
4
# Full Baths
4
# of Heating Units
4
# of Ranges
4
# of Refrigerators
4
# of Water Heaters
4
Annual Gross Income
41700
Annual Expenses
16900

Location, Legal and Taxes

APN
021-026-005

Zoning

Multi-Family
Yes

Possession

At Close of Escrow
Yes

Lot Description

Flat
Yes

Utilities

Circuit Breaker
Yes
Electric
Yes
Natural Gas
Yes
Telephone
Yes

Levels

2 Story
Yes

Siding

Wood
Yes
Other
Yes

Construction

Wood Frame
Yes

Road

Curbing
Yes
Paved
Yes
Public
Yes
Sidewalks
Yes

Roof

Membrane
Yes
Other
Yes

Insulation

Partially Insulated
Yes
Wall
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Driveway

Concrete
Yes

Parking

1 - 10 Spaces
Yes
Under Cover
Yes

Heating

Wall
Yes

Kitchen

Dining in Kitchen
Yes
Dishwasher
Yes
Range
Yes
Refrig
Yes

Water

Public
Yes

Sewer

Public
Yes

Exterior Amenities

Patio
Yes

Flooring

Carpeted
Yes
Vinyl
Yes

Documents

Form PEAD-V Prop Entry Advisory & Decl
Yes

Property Features

Zoning: Multi-Family Possession: At Close of Escrow Levels: 2 Story Parking: 1 - 10 Spaces; Under Cover Kitchen: Dining in Kitchen; Dishwasher; Range; Refrig Siding: Wood; Other Roof: Membrane; Other Insulation: Partially Insulated; Wall Heating: Wall Construction: Wood Frame Driveway: Concrete Water: Public Sewer: Public Lot Description: Flat Road: Curbing; Paved; Public; Sidewalks Exterior Amenities: Patio Utilities: Circuit Breaker; Electric; Natural Gas; Telephone Flooring: Carpeted; Vinyl Financing Terms: Cash; Conventional Documents: Form PEAD-V Prop Entry Advisory & Decl
Listing Office: Cottage Realty
IDX
Last Updated: December - 30 - 2024
Broker Attribution: Kyra@cottage-realty.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.