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4982/4988 Valley East Boulevard, Arcata, CA 95521

$1,323,000
Property Type: Multi-Family Square Footage: 9,948 Lot Size (sq. ft.): 20,038 Status: Sold
Current Price: $1,435,000 List Date: 2/12/2015 Last Modified: 9/07/2024

Description

RARE INVESTMENT opportunity in Arcata. 16 spacious units with very low vacancy rate. This well maintained complex is two 8 plexes consisting of 14 one bedroom one bath units and 2 two bedroom one bath units. There are 13 garages and 4 off street parking spaces. Brand new exterior paint-just completed October 2014. A new 30 year roof was installed in 2006 on both buildings. Each unit has it's own hot water heater, refrigerator, stove, patio or deck and is separately metered for gas and electric. Storage room and laundry room with new coin-operated washers and dryers. Easy to maintain yard. Near shopping and bus line. Open space behind property adds to privacy. Act fast as these opportunities don’t come along often!

More Information MLS# 242160

Property Description

Realtor.com Type: Multi Family Lot Size: .25 - .49 Acres Lot Dimensions: 199.98 x 100 Style: Over 10 Units Gar Stls: 13 Garage Type: Attached Lot Acres: 0.46 Appearance: Very Good List Price/SqFt: 144.25 Sold Price/SqFt: 132.99 Type of Property: Multi-Family

Building Description

Total Units: 16 Main House SqFt: 9948 Year Built: 1989

Location, Legal and Taxes

APN: 507-362-002

Zoning

Multi-Family: 1

Possession

Negotiable: 1

Fenced

Partial: 1

RV Parking

Room for RV Parking: No

Miscellaneous

Sidewalk: Yes

Lot Description

Flat: 1 Open: 1

Utilities

Electric: 1 Natural Gas: 1 Separately Metered: 1

Levels

2 Story: 1

Siding

Vertical: 1 Wood: 1

Total Units By Type

# 1 Bedroom Units: 14 # 2 Bedroom Units: 2 # Full Baths: 16 # of Heating Units: 16 # of Ranges: 16 # of Refrigerators: 16 # of Water Heaters: 16

Foundation

Slab: 1 Other: 1

Construction

Wood Frame: 1

Road

Curbing: 1 Deadend: 1 Paved: 1 Sidewalks: 1

Roof

Composition Shingle: 1

Insulation

Dual Pane Window: 1 Unknown: 1

Financing Terms

Cash: 1 Conventional: 1

Driveway

Asphalt: 1 Concrete: 1

Parking

11 - 20 Spaces: 1 Garage: 1 On Site: 1 Paved: 1

Heating

Natural Gas: 1 Wall: 1

Water

Public: 1

Sewer

Public: 1

Laundry

Washer: 1 Coin Op: 1 Dryer: 1

Listing Information

Status: Sold List Date: 2015-02-12 List Price: $1,435,000 Current Price: $1,323,000 Sold Date: 2015-04-13 Sold Price: $1,323,000

Location Legal and Taxes

Area: North Bay House Number: 4982/4988 Street Name: Valley East Street Suffix: Boulevard Sub-Area: Arcata State: CA Zip Code: 95521 Cross Street: Hallen

Directions and Remarks

Directions: Giuntoli to Valley East ( near Hallen)

Property Features

Fenced: Partial Zoning: Multi-Family Possession: Negotiable Levels: 2 Story Parking: 11 - 20 Spaces; Garage; On Site; Paved Foundation: Slab; Other Laundry: Coin Op; Dryer; Washer Siding: Vertical; Wood Roof: Composition Shingle Insulation: Dual Pane Window; Unknown Heating: Natural Gas; Wall Construction: Wood Frame Driveway: Asphalt; Concrete Water: Public Sewer: Public Lot Description: Flat; Open Road: Curbing; Deadend; Paved; Sidewalks Utilities: Electric; Natural Gas; Separately Metered Financing Terms: Cash; Conventional
Listing Office: Forbes & Associates
IDX
Last Updated: September - 07 - 2024
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.