491 4th Street, Arcata, CA 95521 (MLS# 261659)

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: $702,000 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

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.