511 & 513 J Street, Arcata, CA 95521
$840,000
Property Type:
Multi-Family
Square Footage:
4,586
Lot Size (sq. ft.):
11,326
Status:
Sold
Current Price:
$875,000
List Date:
9/03/2019
Last Modified:
9/07/2024
Overview
Description
Excellent investment opportunity with 2 homes, a cottage and a warehouse / shop located on 2 parcels. Located in downtown and walking distance to the Arcata Plaza, shopping center and lots of other services. Gross income is estimated at $5,300/month.
511 J Street has unit A (2 bedroom, 1 bath @ $1,020/month) and unit B (1 bedroom, 1 bath @ $785/month); 581 J Street is a cottage @ $875/month (1 bedroom and loft); 1009 6th Street is a 4-bedroom home @ $2,120/month; and the shop / warehouse (proforma @ $500/month) in-between could potentially be an additional residential unit(s) or used as a warehouse.
**Owner will carry back the paper for a strong buyer and good downpayment. **
Buyer should verify / confirm building square footages.
Listing Details MLS# 254844
Listing Information
- Pended Date
- 2019-10-29
- Sold Date
- 2019-12-06
Property Description
- Type of Property
- Multi-Family
- Realtor.com Type
- Multi Family
- Style
- 5-10 Units
- Garage Type
- None
- Lot Dimensions
- 50' X 115' + 50' X 115'
- Lot Acres
- 0.26
- Appearance
- Good
- List Price/SqFt
- 190.79
- Sold Price/SqFt
- 183.16
- Gar Stls
- 0
Building Description
- Main House SqFt
- 4586
- Total Units
- 5
- Year Built
- 1913
Location Legal and Taxes
- Area
- North Bay
- House Number
- 511 & 513
- Street Name
- J
- Street Suffix
- Street
- Sub-Area
- Arcata
- State
- CA
- Zip Code
- 95521
- Cross Street
- 5th
Directions and Remarks
- Directions
- All units are located on J Street in-between 5th and 6th Streets.
Schools
- High School
- Arcata
More Information
RV Parking
- Room for RV Parking
- Yes
Miscellaneous
- Sidewalk
- Yes
Total Units By Type
- # 1 Bedroom Units
- Yes
- # 2 Bedroom Units
- 2
- # 3 Bedroom Units
- Yes
- # Full Baths
- 5
- Annual Gross Income
- 63600
Location, Legal and Taxes
- APN
- 021-167-04 & 05
Zoning
- Single Family
- Yes
- Multi-Family
- Yes
- Coastal
- Yes
Possession
- At Close of Escrow
- Yes
Fenced
- Partial
- Yes
Lot Description
- Corner
- Yes
- Flat
- Yes
- In Town
- Yes
- Near Shopping
- Yes
Levels
- 2 Story
- Yes
Road
- Paved
- Yes
- Sidewalks
- Yes
Financing Terms
- Cash
- Yes
- Conventional
- Yes
- Owner Carry 1st
- Yes
Parking
- 1 - 10 Spaces
- Yes
- On Site
- Yes
Water
- Public
- Yes
Sewer
- Public
- Yes
Property Features
Fenced:
Partial
Zoning:
Single Family; Multi-Family; Coastal
Possession:
At Close of Escrow
Levels:
2 Story
Parking:
1 - 10 Spaces; On Site
Water:
Public
Sewer:
Public
Lot Description:
Corner; Flat; In Town; Near Shopping
Road:
Paved; Sidewalks
Financing Terms:
Cash; Conventional; Owner Carry 1st
Listing Office:
C.B. Commercial Pacific Partners Real Estate
Last Updated: September - 07 - 2024
Broker Attribution:
pacificpartnerscommercial@gmail.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.
