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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

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
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.