4982/4988 Valley East Boulevard, Arcata, CA 95521 (MLS# 242160)

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: $1,323,000 List Date: 2/12/2015 Last Modified: 9/07/2024

Overview

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!

Listing Details MLS# 242160

Listing Information

Pended Date: 2015-04-01
Sold Date: 2015-04-13

Property Description

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

Building Description

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

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)

RV Parking

Room for RV Parking: No

More Information

Miscellaneous

Sidewalk: Yes

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

Location, Legal and Taxes

APN: 507-362-002

Zoning

Multi-Family: Yes

Possession

Negotiable: Yes

Fenced

Partial: Yes

Lot Description

Flat: Yes
Open: Yes

Utilities

Electric: Yes
Natural Gas: Yes
Separately Metered: Yes

Levels

2 Story: Yes

Siding

Vertical: Yes
Wood: Yes

Foundation

Slab: Yes
Other: Yes

Construction

Wood Frame: Yes

Road

Curbing: Yes
Deadend: Yes
Paved: Yes
Sidewalks: Yes

Roof

Composition Shingle: Yes

Insulation

Dual Pane Window: Yes
Unknown: Yes

Financing Terms

Cash: Yes
Conventional: Yes

Driveway

Asphalt: Yes
Concrete: Yes

Parking

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

Heating

Natural Gas: Yes
Wall: Yes

Water

Public: Yes

Sewer

Public: Yes

Laundry

Washer: Yes
Coin Op: Yes
Dryer: Yes

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

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.