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491 4th Street, Arcata, CA 95521

$702,000
Property Type: Multi-Family Square Footage: 3,526 Lot Size (sq. ft.): 14,375 Status: Sold
Current Price: $675,000 List Date: 4/26/2022 Last Modified: 9/07/2024

Overview

Description

Looking for an investment property? This 4 plex has 4- 2 bedroom, 1 bath units that are approximately 800 sq feet each and ideally located within walking distance to amenities and bus lines. Situated on .33 of an acre, there is an onsite laundry room with single carport parking spaces and a few guest spaces. Each tenant has a small storage shed and private patio/decks. The roof was replaced in 2018 by McMurray and Sons for both the carport and the main building. Various updates to interior and replacement of appliances and water heaters. This property needs some TLC but has so much potential. Water is on a single meter. Photos were taken prior to tenant occupancy.

Listing Details MLS# 261659

Listing Information

Pended Date
2022-05-04
Sold Date
2022-06-16
Concession Remarks
Sewer Lateral was replaced.

Property Description

Type of Property
Multi-Family
Realtor.com Type
Multi Family
Style
2 Story
Gar Stls
4
Garage Type
Carport
Lot Dimensions
0x0
Lot Acres
0.33
Appearance
Average
List Price/SqFt
191.44
Sold Price/SqFt
199.09

Building Description

Main House SqFt
3526
Total Units
4
Year Built
1971

Location Legal and Taxes

Area
North Bay
House Number
491
Street Name
4th
Street Suffix
Street
Sub-Area
Arcata
State
CA
Zip Code
95521
Cross Street
E Street

RV Parking

Room for RV Parking
No

Miscellaneous

Sidewalk
Yes
Security Deposit
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
35500

Location, Legal and Taxes

APN
021-026-007

Zoning

Multi-Family
Yes

Possession

At Close of Escrow
Yes

Lot Description

Flat
Yes

Utilities

Electric
Yes
Separately Metered
Yes
Telephone
Yes
TV Cable
Yes

Levels

2 Story
Yes

Siding

Wood
Yes

Foundation

Concrete Perimeter
Yes

Construction

Wood Frame
Yes

Road

Paved
Yes
Public
Yes

Roof

Membrane
Yes
Other
Yes

Insulation

Unknown
Yes

Financing Terms

Cash
Yes
Conventional
Yes

Driveway

Concrete
Yes

Parking

1 - 10 Spaces
Yes
On Site
Yes
Under Cover
Yes

Heating

Wall
Yes

Kitchen

Dining in Kitchen
Yes
Hood
Yes
Refrig
Yes

Water

Public
Yes

Sewer

Public
Yes

Living

Deck Off
Yes

Laundry

Coin Op
Yes
Shared
Yes

Flooring

Carpeted
Yes
Vinyl
Yes

Property Features

Zoning: Multi-Family Possession: At Close of Escrow Levels: 2 Story Parking: 1 - 10 Spaces; On Site; Under Cover Kitchen: Dining in Kitchen; Hood; Refrig Living: Deck Off Foundation: Concrete Perimeter Laundry: Coin Op; Shared Siding: Wood Roof: Membrane; Other Insulation: Unknown Heating: Wall Construction: Wood Frame Driveway: Concrete Water: Public Sewer: Public Lot Description: Flat Road: Paved; Public Utilities: Electric; Separately Metered; Telephone; TV Cable Flooring: Carpeted; Vinyl Financing Terms: Cash; Conventional
Listing Office: Cottage Realty
IDX
Last Updated: September - 07 - 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.